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November 22, 2024

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Nexans Signs Two MoUs Worth EUR 100 Million with the Moroccan Government for 3rd Cable Plant in Morocco

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Nexans and the Moroccan government signed two MoUs involving EUR 100 million as a total investment plan to build the company’s third plant for medium-voltage cable in Morocco by 2026, in addition to its facilities in Casablanca and Mohammedia. Dec 14, 2023 Nexans and the Moroccan Ministry of Industry and Trade,......
News

Nexans Bags Major EUR 1.43 Billion Contract for EuroAsia Interconnector

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Nexans has won a turnkey contract for the Greece-Cyprus section of the EuroAsia interconnector, which is worth EUR 1.43 billion. The 525kV HVDC cable will be the longest and deepest interconnector in the world with a bi-pole length of 2×900 km. Pole One is expected to be completed in 2028......
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Nexans to Add Third Generation Cable Laying Vessel to Drive Global Energy Transition

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Nexans will add a third cable laying vessel, capable of laying up to four cables simultaneously to meet specific customer requirements, especially on large-scale projects. The vessel, expected to expand its presence in the offshore wind and interconnection market, will be delivered in 2026. Jul 25, 2023 Nexans has announced......
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Nexans Completes Finland-Based Reka Cables’ Acquisition

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Nexans has completed its acquisition of Reka Cables, a Finland-based subsidiary of Reka Industrial. Post-acquisition, Reka Cables will integrate with Nexans to provide carbon-neutral and quality products to the Nordic region. April 26, 2023 Nexans has successfully completed the acquisition of Reka Cables. This takeover is in-step with Nexans’ mission......
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Nexans Joins IAI’s New Aluminium Forward 2030 Coalition Towards Net Zero Emissions

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Nexans Group has joined the International Aluminium Institute’s new launch, Aluminium Forward 2030, a coalition of IAI’s 25 production members and 20 downstream and customer companies who have committed themselves to transforming the aluminium sector. The project aims to accelerate progress toward net zero emissions in the aluminium industry while......
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Nexans to Execute Pan-European VPPA as a Step Towards Decarbonization Goals

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Global cable and optical fibre manufacturer, Nexans is set to execute a Pan-European Virtual Power Purchase Agreement to cover most of its electricity consumption for all its premises in Europe, to achieve its decarbonization goals. The company has assigned global energy management company World Kinetic Energy Services as an exclusive......
NewsTelecom & OFC

Nexans in Negotiation with Syntagma Capital to Sell Telecom Business Worth EUR 200 Million

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Nexans is negotiating with Syntagma Capital to sell its telecoms systems activity, The Business, to the latter while retaining its Special Telecom division. The Business creates a turnover of EUR 200 million for the Nexans. February 15, 2023 Nexans is negotiating with Syntagma Capital to sell its Telecom Systems activity,......
NewsWire & Cable News

Nexans and Trimet Develop New Recycled Aluminum Material for Electrical Cables

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Nexans collaborated with Trimet to develop a new recycled aluminum material to make electrical cables’ aluminum rods. The material will help to better the cables’ eco-balance. February 15, 2023 Nexans and Trimet have developed a material with recycled aluminum content to improve the eco-balance of power cables. The new material,......
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Nexans Joins Hands with Circular Plastics Alliance as Part of its Move to a Circular Business Model

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Nexans is leveraging its membership to the CPA to source recycled plastic packaging materials and is actively participating in the recycling of plastic materials with its wholesalers by collecting plastic packaging waste. January 20, 2023 In September, Nexans became a member of the Circular Plastics Alliance (CPA) as part of......
Interviews

Erocarb: Housing an Extensive Array of Customised & Standard Solutions for Cable Industry

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Through the years, Erocarb SA has ascertained the specific needs of the cable industry for which it brings various lines of equipment suited for specific industrial applications. Mr. Navin K. Agarwal, Managing Director, Arunav Technology & Systems Pvt. Ltd., Indian representative of Erocarb SA talks about the company’s journey. 40+......
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