November 2010 - Welspun
November 2010 - Welspun
November 2010 - Welspun
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4. Strong Management Team with Proven Execution<br />
Capabilities<br />
US Plant<br />
• Rationale for US Plant<br />
– Opportunity to locate closer to customers who were facing supply challenges<br />
– Transportation cost becomes quite large for inter-continental shipment<br />
– Existing capacity in the US was not able to serve the requirement of US clients<br />
• State of the art facility at Little Rock, Arkansas. Commissioned in Feb-09 and has obtained all API<br />
approvals<br />
• Key supplier for last 5 years in US with client list that includes Chevron, Exxon Mobil (Golden Pass<br />
Pipeline), Kinder-Morgan and Ruby (El Paso)<br />
– Framework agreement with Chevron, making <strong>Welspun</strong> one of the three global preferred vendor for<br />
next 3-5 years<br />
– Supplied pipes for world‟s deepest pipe- line in Gulf of Mexico<br />
• In H1 FY 2011 utilization levels ramp-up to 60%<br />
<strong>November</strong> <strong>2010</strong> Page 17
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