Chetan Tolia named MD of Tata Steel-BlueScope JV

23 November 2005

BlueScope Steel, Australia's largest steel maker and Tata Steel, which officially established their new joint venture today, have announced that Chetan Tolia will be the managing director of the joint venture company.

The announcement was made at a ceremony in Australian company's headquarters where Tata Steel MD B Muthuraman and Kirby Adams, CEO and MD of BlueScope Steel signed the agreements and exchanged documents.

Tolia joins the new venture from Tata Steel, where he was chief of strategy and planning. Tolia has also worked in another Tata Steel joint venture company, Tata Ryerson India Limited.

Tolia said "This joint venture will deliver steel based building solutions to the construction Industry. The customers will benefit from the increased speed of construction, wider design options, on-site assembly of factory manufactured components, improved site safety and reduced wastage. This will overall enhance the way the building and construction industry operates today.

The 50:50 joint venture company will encompass the manufacture and supply of flat steel products such as Zincalume and Colorbond coated steels and also a range of Butler and Lysaght metal building solutions.