In 2010 Bekaert continues its growth path by expanding its presence in regions where industrial growth is predominant: capacity increases in India, Indonesia, Latin America, Central Europe and Russia to meet the growing local demand. Bekaert's position strengthens further in the tire cord market with the acquisition from Bridgestone of two steel cord plants, located in Sardinia and in Huizhou (China).
Bekaert steps up its investments in technological leadership by opening a new technical center in Ranjangaon, near Pune (India) to support local customers with enhanced technical services. In Jiangyin (China) we inaugurate a new state-of-the art building to accommodate our Asia Research & Development activities.
We take our efforts towards more environmentally friendly manufacturing processes one step further with the inauguration of the greenest steel cord plant in Shenyang, bringing together the newest technologies for optimized energy conservation, reduced environmental impact and workspace comfort. Further strides are made in making plants ISO14001 compliant throughout 2010.
The 8.8 earthquake, and the subsequent tsunami devastates several coastal towns in south-central Chile. Almost all of Bekaert’s employees of the Inchalam plant in Concepción are affected, with severe damage or full destruction of their houses. Bekaert immediately sets up a disaster relief program and engages all colleagues around the world to work one hour, one day, or more, for our Chilean colleagues. While this action runs, our Indonesian colleagues in Karawang deal with extreme floods, and the disaster relief action is extended. The company doubles the employee contributions and the total amount compensated for all damages incurred. A true ‘better together’ story at Bekaert.