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Sat, May 25, 2002 - Page 20 News List

IMPSA strengthens worldwide presence

WORLDWIDE REPUTATION IMPSA, a 100-year-old international conglomerate, has positioned itself in the world market through the supply of capital goods and services to ports and power plants. IMPSA has earned a reputation for its dedication to the provision of integrated solutions to complex projects

IMPSA

IMPSA has been present in the Taiwanese market for the past 10 years, at the beginning participating in the development of port crane projects, and later development a hydropower project.

The nineties were prodigal for containers cranes. Ports of Keelung and Kaohsiung gave to IMPSA the opportunity to provide two and three Articulate Boom Post Panamax Cranes, respectively.

The new millennium let IMPSA to complete its third Project in Taiwan, a "Turn-Key" Hydropower Project: the Liyutan Shihlin Hydropower Plant for Taiwan Power Company. Partnered locally with TECO Electric and Machinery Company, the 84.8 MW plant has been handed over to Taiwan Power Co on March 13 this year.

Argentina-based firm IMPSA and local partner TECO Electrical and Machinery Co. took over the "Liyutan Shihlin Hydroelectric Project" almost a month ahead of schedule with highly satisfactory results. Commissioning of the first unit took place on January 16, 2002 (20 days ahead of schedule) while the second and last unit began generating power on March 15: 27 days before the date stipulated in the contract.

Daniel Jose Rossi, Country Manager of IMPSA Asia said, IMPSA, a 100-year-old international conglomerate, has positioned itself in the world market through the supply of capital goods and services to ports and power plants. IMPSA has earned a reputation for its dedication to the provision of integrated solutions to complex projects.

IMPSA

IMPSA Corp. does business in the following areas: environmental services, insurance, agribusiness and winemaking, and auto parts.

The Capital Goods Business Unit is divided into IMPSA Hydro, for energy projects, and IMPSA Port Systems (IPS) for port equipment and services.

Basically, IMPSA Hydro engages in hydropower generation business especially in the BOT (Build, Operate and Transfer) concession mode, and in EPC (Engineering, Procurement and Construction) turnkey contracts. It also provides hydroelectrically equipment such as turbines, generators and other electromechanical parts for intake and diversion works, and is responsible for the operation and maintenance of hydroelectric power plants during their commercial operation.

IPS manufactures material handling and container cranes, in general, and develops information systems that are used to control container loading and unloading operations in ports and related services.

Both divisions form an operational network that covers different regions of the world.

Market vision

In recent years IMPSA has increased the number of markets where it offers its capital goods. Over the last 25 years, IMPSA has participated in more than 150 hydroelectric projects, and in 110 crane projects in 30 countries in North America, Central America, South America, Africa, Asia, Europe and the Middle East.

In the last ten years, IMPSA has strengthened its presence in Asia by developing manufacturing capabilities through the organization of companies and contracts with local manufacturers and subcontractors. The strategy has also been implemented in other parts of the world allowing the company to enhance its competitiveness and to gain a larger share of the most important international market.

IMPSA seeks to increase its sale of capital goods by providing high value-added services, including after-sale services, operation and maintenance of all its capital goods, and refurbishing and upgrading of old hydropower plants and obsolete port facilities (especially in China, North America and Europe).

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