$400k machine now ready

July 10, 2012 | Filed under: Business | Posted by:

Land Transport Authority chief executive Naisa Tuinaceva with President of Sub & Bright, Moo-Hyeon Woo at the launch of the new steel press machine in Walu Bay yesterday. The machine, which is seen in the background compressed the scrap metal into cubes ready for export market. Photo: RAMA

By ELLEN STOLZ

Sun & Bright Company Limited’s steel press machine, which will be used for scrapping or pressing vehicles for local use and export, was launched yesterday in Suva.
The new $400,000 machine which was brought from South Korea will be used for pressing car parts or scrap metal. It will produce neat cubes of scrap metal that are then exported to South Korea.
Chief guest at the event, Land Transport Authority chief executive Naisa Tuinaceva said: “The authority both welcomes and appreciates the assistance and co-operation of all relevant stakeholders as we thrive to introduce new ventures for the benefit of all.”
Mr Tuinaceva said the De-registration and Scrapping is a major Key Performance Indicator (KPI) for the LTA and that 2012 was the year of change to better results.
“We are working with such stakeholders like Sun & Bright Ltd to ensure the accomplishment of this vital action plan is successful.
“The legislation when completed will eventually lead to a code of practice for a proper Vehicle Disposal Management System,” Mr Tuinaceva said.
He said that the system will address the execution of compulsory and proper vehicle disposal through scrapping of derelicts, old and accident write-off vehicles.
“This will also minimize the risk of the old vehicles chassis being reused or tampered,” he said.
Mr Tuinaceva said a policy will eventually be drawn up after due process which will make it mandatory for vehicles de-registration to be done and eventually to be used as scrap metal.
“This will ensure our records are constantly updated and accurate data on vehicles statistics is captured. Knowing the exact number of vehicles registered to be running on our roads will enable LTA to do strategic planning in terms of compliance/enforcement and revenue predictions,” he said.

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