A few days ago, Bekaert (Qingdao) Steel Wire Products Co., Ltd. invested an additional US$50 million to build the world's most advanced technology, the highest environmental protection standard, and the largest single-scale galvanized and galvanized aluminum alloy steel wire production line at the original site. Construction is planned to start before the end of the year. It will be put into operation by the end of 2023.
The construction and implementation of this project will help promote the transformation and upgrading of traditional advantageous industries in the region to specialization, high-end and intelligent direction.
Bekaert (Qingdao) Steel Wire Products Co., Ltd. was registered and established in Qingdao Development Zone in September 2011, mainly engaged in the research and development, manufacturing and sales of steel wire products.
Its parent company, Bekaert Group, is a large multinational company in Belgium. It was established in 1880 and has a total of 27,000 employees. It has two core patented technologies of metal deformation and coating. Its products are sold in more than 120 countries, with an annual sales of 4 billion euros. It is a well-deserved global champion in the steel wire products industry.
It draw wire from it in different diameters and strengths, even as thin as ultrafine fibers of one micron. It groups the wires into cords, ropes and strands, weave or knit them into fabric, or process them into an end product. Depending on the application, It applies coatings which reduce friction, improve corrosion resistance, or enhance adhesion with other materials.