The group is investing more than EUR 100m in its telecom R&D activities and OF plants
July 22, 2015
Prysmian Group, world leader in the energy and telecoms cable industry, continues to sustain development of broadband networks, and maintains its commitment to innovation and competing in the optical fibre sector worldwide with the inauguration of a newly expanded optical fibre production facility in Sorocaba, São Paulo.
As part of a five year plan which ends in 2016, Prysmian is investing more than EUR 100m in its telecom R&D activities and optical fibre plants worldwide, with the aim of increasing competitiveness of fibre products and enhancing production capacity in order to match demand from the market.
The Brazilian project is part of this ongoing global scheme which will improve the performance of the Group’s optical products and manufacturing processes, along with other excellence centres in the USA, France, Italy and the Netherlands.
The first phase of the investment plan for the Soracaba plant – now completed – increased the local production capacity to meet local market needs of 4.5m km of fibre preforms per year. The ongoing second phase of the plan aims to upgrade manufacturing processes in order to provide the South American market with the most advanced fibre solutions and also further increase capacity if market demand requires it.
