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Finance Ministry Applies 5-Year Anti Dumping Duty on Optical Fibre Imports from China, South Korea, Indonesia

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In support of the domestic optical fibre industry, the Finance Ministry imposed 5-year anti-dumping duty on imports from China, South Korea, and Indonesia, which ranges between USD 122 per kfkm and USD 857.23 per kfkm. Aug 5, 2023 The Finance Ministry had taken action by instituting a confirmed anti-dumping duty......
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Bekaert to Invest INR 500 Crore For Pune Plant Capacity Expansion by 50 percent

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Bekaert has recently laid the foundation for expansion of their Ranjangaon, Pune plant. The company is planning to invest INR 500 crore to expand their plant capacity by 50 percent, and will also be making an investment to procure cutting edge machinery. Aug 5, 2023 Bekaert laid the foundation for......
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Steel Authority of India and SMS Group Signs MoU for Sustainable Steel Production

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SAIL (Steel Authority of India Limited) and SMS group signed a memorandum of understanding to drive developments focused on implementing long-term sustainable steelmaking practices, with a particular emphasis on decarbonizing steel production. This objective aligns with India’s ambitious goal of achieving net zero emissions from industrial processes such as steel......
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Hindalco Industries Announce INR 4,000 Crore Investment for New Extrusion Facility and Copper & E-Waste Recycling Plant in India

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Hindalco Industries announced an investment of INR 4,000 crore out of which INR 2,000 crore is allotted for one-of-its-kind copper and e-waste recycling plant. Aug 23, 2023 Mr, Kumar Mangalam Birla, Chairman of Hindalco Industries, announced an overall investment of INR 4,000 crore at the company’s 64th Annual General Meeting......
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Prysmian Group Introduces its Lifeline® RC90 Fire Resistive Cables in Canada

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Prysmian Group has debuted its fire resistive Lifeline® RC90 cable in Canada. Lifeline fire resistive cable systems are designed to maintain operation of critical life safety systems and emergency circuits against attack by fire and water and are used for fire pumps, emergency ventilation systems, stairwell pressurization, etc.  Jun 6,......
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iiM AG Launches New Cable Measurement Software, VELOX

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iiM AG has launched VELOX, its modern cable measurement software, offering a wide range of powerful features that greatly enhance the efficiency and accuracy of cable and tube testing. VELOX has multiple features, including a smart, self-explanatory operation, which enables an exceptionally intuitive user experience.  Jun 27, 2023 iiM AG......
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LS Cable & System Launches World’s Thinnest 6mm LAN Cable for US Market

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LS Cable & System has released the thinnest LAN cable in the world, with an external diameter of 6mm, approximately 20% thinner than other widely used products. With this new product, LS C&S is planning to expand its presence in the US market, which accounts for more than 40% of......
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Qatargas Operating Company Assigns Major EPCI Contract for COMP1 to McDermott

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Qatargas Operating Company has given a major EPCI contract to McDermott for the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project, COMP1. The scope of the contract includes the installation of 118 miles of 32″ diameter subsea pipelines, 11 miles of subsea composite cables, 116......
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Prysmian Group Launches Innovative PV Cable Solution, PRYSOLAR

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Prysmian Group’s recent launch, PRYSOLAR, is an innovative PV cable solution to overcome challenges of solar PV cable deterioration, enhanced with long-term resistance in water up to 1800 V DC. This innovative solution provides extreme climate strength, a reliable return on investment, increased operational efficiency of assets as well as......
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LS Cable & System & KOPTI Sign MoU to Promote Multicore Optical Fiber Development for 5G, 6G

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LS Cable & System has signed an MoU with the Korea Photonics Technology Institute (KOPTI) to expand optical communication technology and personnel exchanges. LS Cable & System forecasts that the demand for communication cables capable of large-scale data transmission will increase rapidly and, thus, is expanding its related business. Jun......
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