Category : News

It is the first turnkey project for a floating wind farm where the company will employ its innovative dynamic 66 kV submarine cables with EPR insulation. March 19, 2019 Prysmian Group has been awarded a contract worth approximately EURO 30 million by PGL (Provence Grand Large), a floating offshore wind......

The restructuring will improve company’s competitive position worldwide by significantly reducing the cost structure, which will help improve its financial performance sustainably. April 9, 2019 Bekaert is taking wide-ranging steps to improve the company’s competitiveness that will include downsizing in Belgium–where it is based–cutting operational costs and shifting some operations......

The construction work on the project will start in spring 2019 and will take up to three years to complete, including the removal of the existing line and pylons. April 29, 2019 Nexans has been awarded a EUR 35 million contract to supply high voltage underground cables for the Dorset......

The company has signed a memorandum of understanding (MoU) with Donghae City and Gangwon Province to build an additional cable manufacturing plant. March 28, 2019 LS Cable & System will invest USD 35.2 million to build an additional cable manufacturing plant in Donghae, Gangwon Province. LS Cable & System has......

Prysmian expects to secure more savings from a 2017 US acquisition to help the world’s largest cable maker offset provisions for its WesternLink cable project in Britain. March 5, 2019 Prysmian has revised up its total savings expected from buying US firm General Cable to EUR 175 million from EUR......

The leading telecom products manufacturer has won Intertek’s (US) zero waste to landfill certification for its commitment to sustainable manufacturing and reducing environmental impact. February 26, 2019 Sterlite Tech has won Intertek’s (US) zero waste to landfill certification for its optical fiber cable manufacturing plant in Rakholi, Silvassa (India). This......

The newly formed group entity, Mundra Copper Ltd, a wholly-owned subsidiary of Adani Enterprises, envisages a project producing 1 million tonnes of copper cathode and 5 lakh tonnes of the copper rod a year and also 50 tonnes of gold and 500 tonnes of silver as by-products. February 24, 2019......

Of the overall amount being raised, the company plans to retain Rs. 500 cr. It will use Rs. 300 cr of the proceeds towards working capital, Rs. 100 cr for repaying short-term debt. February 11, 2019 Polycab India plans to raise Rs. 2500 crore by issuance of fresh equity and......

The company is set to establish a steel wire manufacturing plant called BSRM Wires in Chattogram citing a booming steel industry supported by mega projects that the government has set in motion. February 15, 2019 BSRM Group plans to spend approximately USD 54 million to build a steel wire manufacturing......