News

LS C&S to Expand Submarine Cable Production with USD 117 Million Investment in South Korea

wirecableSeptember 6, 2023September 6, 2023

September 6, 2023September 6, 2023

LS C&S to inject additional Investment of approximately USD 117 million in its Donghae, South Korea-based submarine cable production facility. The company is aiming to serve global large-scale offshore wind farm projects. Aug 10, 2023 LS Cables & Systems (LS C&S) has announced an additional investment of USD 117 million......

News

Prysmian Group Invests EUR 120 Million at Finland Strategic Plant for Increased Production of 525 kV HVDC Submarine Cable Systems

wirecableJune 21, 2023June 21, 2023

June 21, 2023June 21, 2023

Prysmian Group recently invested nearly EUR 120 million towards its Finland-based strategic plant. The investment, aimed at increasing production capacity of 525 kV HVDC cable systems, will double Pikkala plant’s production capacity of 525 kV extruded submarine cables and 400 kV AC cables by 2026. This is the group’s second......

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Sumitomo Electric Secures 400 kV HVDC Submarine Cable Project Worth USD 200 Million

desk2February 10, 2022February 14, 2022

February 10, 2022February 14, 2022

This is the first of its kind submarine HVDC network in the Middle East (route length of approx. 140 km) using Sumitomo Electric’s state-of-the-art 400 kV DC Cross-Linked Polyethylene (XLPE) cable technology. February 10, 2022 Sumitomo Electric Industries, Ltd. has received limited notice to proceed (LNTP) from Samsung C&T Corporation......