Sif’s position on production in Japan unchanged
Correction of Nikkei report on interview with CEO Fred van Beers.
Sif Holding N.V. (Euronext symbol SIFG / ISIN code NL0011660485) - Regulatory news
This morning media reported on a publication by Nikkei whereby Nikkei wrongfully quoted CEO Fred van Beers on investment of 200- 300 million euro's in a plant in Japan in the next 2 to 3 years in Japan. Sif has recently opened a sales office in Japan and is discussing cooperation with local partners for future production in Japan. Sif’s approach on the Japanese market remains unchanged.
Sif is a leading manufacturer of large steel tubulars, which are used as foundation components for the offshore wind and offshore oil & gas markets. The Company manufactures customised tubular components for offshore foundations, predominantly in the greater North Sea region. Sif combines a highly automated and flexible production facility with technology leadership in rolling and welding of heavy steel plates, which is based on over 70 years of experience and innovative in-house developed techniques and processes. Sif primarily produces monopiles, transition pieces and piles that are used to anchor jacket foundations in the seabed for offshore wind turbines, as well as legs, pile sleeves and piles of the larger jackets for oil & gas as well as tubular structures for various uses such as jetties.
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