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| Corus and Kalpinis Simos set up steel distribution centre in Greece Corus Distribution & Building Systems (CD&BS) Division has signed a 50:50 joint venture agreement with Kalpinis Simos to set up a new steel distribution centre, Corus Kalpinis Simos Steel Service Centre (CKS SSC), in Thessaloniki, Northern Greece. CD&BS already has a successful JV with Kalpinis Simos, near Athens in Southern Greece, Corus Kalpinis Simos (CKS), which operates a sandwich panel line with an existing capacity of over 1 million square metres per annum. Alongside the JV agreement, both companies have also made an investment commitment to double capacity at CKS' existing sandwich panel line, approaching a total capacity of 2 million square metres per annum. The new operation is expected to commence in the second half of 2008 and to handle a capacity of 150, 000 tonnes per year. The new equipment will consist of two cut to length lines, one slitter and auxiliary equipment. write your comments about the article :: © 2007 Construction News :: home page |