El Sewedy gets USD 440 million Qatar contract

wirecableMay 25, 2011May 25, 2011

May 25, 2011May 25, 2011

El Sewedy Electric, the Arab world’s biggest listed cable maker, said that its Qatari unit had won a cable supply contract worth USD 440 million, helping to boost its presence in the Gulf nation. “This is a significant event for El Sewedy Electric as it further solidifies the company’s presence in the Gulf,” the......

Alcan Cable launches Track Resistant coverings to prevent damage to Overhead Line Wire

wirecableMay 25, 2011May 25, 2011

May 25, 2011May 25, 2011

Alcan Cable introduced a new family of track resistant coverings for its aluminum overhead line wire products that protect the conductor from electrical degradation as a result of contact with trees. These special track resistant cables are used where frequent tree contact is expected. Track resistance helps to preserve the life of the covering from......

Teracom Emerges as one of the lead supplier of ACSR conductors to PGCIL

wirecableMay 25, 2011May 25, 2011

May 25, 2011May 25, 2011

Teracom Limited, a relatively young company which has started production of ACSR, AAAC, AAC, ACAR etc. conductors and ABC cable in 2007 at its newly setup production facility at Pantnagar is emerging as a formidable supplier of Conductors and Cables in the Country. In the short span it has received approval from major buyers......

Volex works with Huawei to supply cable assemblies to customers in South Pacific and Indian markets

wirecableMay 25, 2011May 25, 2011

May 25, 2011May 25, 2011

Volex Group plc has been selected by telecoms solutions provider Huawei as a local cable assemblies supplier for both Huawei India and Huawei Indonesia. These contracts see Volex provide cable assemblies to the Indian telecoms market via its Chennai manufacturing facility and delivering products through its two Indonesian factories for Huawei’s telecoms customers in......

NV Bekaert SA increases stake in JV with Mukand

wirecableMay 25, 2011May 25, 2011

May 25, 2011May 25, 2011

Mukand Bekaert Wire Industries Pvt. Ltd. was formed as a 50:50 Joint Venture of Mukand Ltd. and NV Bekaert SA, Belgium in September, 2007 to manufacture stainless steel wires for the domestic and international markets. MuKand continues to hold the original equity stake, however, owing to the JV company’s requirement for additional capital for its......

Nexans introduces Alsecure Premium, the next- generation fire-resistant cable

wirecableMay 25, 2011May 25, 2011

May 25, 2011May 25, 2011

Nexans is introducing Alsecure® Premium, its range of next-generation CR1-C1 fire-resistant cables. Incorporating the INFIT™ polymer technology developed by Nexans’ R&D engineers, the new Alsecure® Premium cable ensures maximum safety for people and property and provides a high-performance solution for maintaining the integrity of Fire Safety Systems (FSS), especially in office complexes, industrial sites and all......

LS to invest USD 100 million in US, India

wirecableMay 25, 2011May 25, 2011

May 25, 2011May 25, 2011

LS Cable & System announced that the firm will invest USD 96 million to set up local plants in North America and India. The cable maker will build a new power cable production facility in Tarboro, N.C., in the U.S., while adding a power cable production line to its existing plant in India.......

Sterlite Technologies announces net revenues for FY 11

wirecableMay 25, 2011May 25, 2011

May 25, 2011May 25, 2011

Sterlite Technologies Limited announced its results for the fiscal year ended March 31, 2011. The company achieved revenues of Rs 2,263 crores, EBITDA of Rs 282 crores, PAT of Rs 141 crores. Telecom business revenues stood at Rs. 657 Crores at an EBITDA margin of 26%. Sterlite received two new projects for development of India’s transmission systems on ‘Build, Own,......

LAPP Group to invest Rs.150crore in new facility at Madhya Pardesh

wirecableMay 25, 2011May 25, 2011

May 25, 2011May 25, 2011

Germany-based LAPP group manufacturing high flexibility cables announced investment of Rs 150 crore in the Rajgarh district of Madhya Pradesh for setting up a new unit. The company performed ground breaking ceremony for setting up a manufacturing unit at Pilukhedi in Rajgarh district under Bhopal division. “India’s economy is thriving and I believe, it is the future market......

Oceaneering launches UFlex to gauge the predictive performance of Umbilicals

wirecableMay 25, 2011May 25, 2011

May 25, 2011May 25, 2011

Oceaneering Umbilical Solutions, the Rosyth based deepwater cable manufacturer arm of Oceaneering Inc., the global oilfield services provider, has established a Joint Industry Project (JIP) with Norwegian company, Marintek, to pioneer a predictive stress analysis tool designed to transform the performance and longevity of deepwater umbilicals. The tool, called, UFlex (Umbilical Flexibility), is designed to provide......