According to the company, the bar will be produced using technical know-how of New Zealand´s Reid Technologies and will be exported to South Asian and Middle East countries. [break]
Anand Nepal, executive director of Kathmandu Steel, said the company is the first to introduce Reidbar technology in South East Asia. “We will be exporting our products in South Asian and Middle East countries,” said Nepal. “Our products will be available in the Nepali market from Thursday. We will start exporting after two to three months.”
Kathmandu Steels, which has been established with an initial investment of Rs 500 million, has factory in Nawalparasi. It can produce 20 tons of steel bars per hour.
According to the company, Reidbar is different than the existing steel bars available in the market. It is continuously threaded rebar which can be spliced into the coupler to bind bars without any specialized equipments, Nepal said.
“In traditional bars, iron bars are tied together with wires and its strength is always questionable. Secondly, it requires lots of time and there is high waste of material while tying up traditional bars to each other,” Nepal said, adding that Reidbar has overcome these shortcomings using innovative technology.
The bar comes in different forms and size, can be cut at any point along its length and simply joined at any point end to end by a coupler. This unique feature enables an entirely new approach to reinforcing placing and fixing, according to the company. The bar also reduces congestion in reinforcing allowing more space for concrete thus making the structure stronger.
“Our products make the structure stronger, increases productivity and minimizes waste,” said Nepal adding that the prices are very competitive and will be available in the same range as that of traditional bars.
According to the company, Reid technology has been tried and tested in developed nations as one of the best earthquake resisting technology. “It is widely used in New Zealand, a country which records more than 20,000 earthquake jolts annually, and has been proved efficient,” said Nepal.
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