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SAIL-ArcelorMittal Automotive Steel T...

by wireworld on 12/10/2017 - 06:58 pm
Tags: Press Releases, Projects

Union Steel Minister Chaudhary Birender Singh announced that a joint venture between steel giants SAIL and ArcelorMittal to produce high-end automotive steel will be signed soon, with about Rs15,000 crore investment.

“They (ArcelorMittal) have the technology and they are keen to have a JV with SAIL. That is at a stage where things would click within few days or within one or two weeks’ time. The JV is yet to be signed but I can say 99 per cent of the formalities have been completed,” the minister told reporters in Hyderabad.

Singh said offers have come from the Gujarat and Andhra Pradesh governments for the site of the plant, but the government favoured Andhra Pradesh due ...

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Southwire Plans Expansion in Villa Rica

by wireworld on 12/05/2017 - 04:44 pm
Tags: Press Releases, Projects

As the company continues to focus on its efforts to Accelerate Growth, Southwire will be expanding its distribution facilities in the west Georgia area. Adjacent to the company’s existing West Georgia and Retail East Customer Service Centers in Villa Rica, a new 400,000 square foot property is currently under development. 

“Looking long-term, we project that we will reach capacity in our current Villa Rica distribution facilities by 2019 or 2020,” said Kurt Hennelly, Southwire’s executive vice president of sourcing, distribution and manufacturing strategy. “The addition of this new space fits well into the future plans for our logistics network, supports ...

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Leoni Expands Capacities In Mexico

by wireworld on 12/04/2017 - 04:13 am
Tags: Press Releases, Projects

Leoni, the leading European provider of cables and cable systems to the automotive sector and other industries, further expands its capacities in the Americas. Today, the company has officially opened a new, environmentally friendly Mexican wiring systems plant in the city of Merida, which will serve customers headquartered in Asia and the US. Leoni is recruiting about 2,600 people for the new location.

“The new plant in Merida is a clear sign of our dynamic growth in the Americas”, states Martin Stüttem, Member of the Board of Directors of Leoni AG with responsibility for the Wiring Systems Division (WSD). “We are the first foreign investor to build up a produc ...

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Prysmian To Power The Louvre Abu Dhabi

by wireworld on 11/23/2017 - 04:15 am
Tags: Press Releases, Projects

Prysmian Group, world leader in the energy and telecom cables and systems industry, supplied over 500 km of FP Fire Resistant cables for the Louvre Abu Dhabi, which opened its doors to the public on last November 11th.

The company supplied its enhanced fire resistant cables, a mixture of both FPPLUS and FPPLUS FLEX cables, which offer extended fire survival times, coupled with low flame spread and very low emission of smoke and dangerous gases in the event of a fire. This allows guests longer time to evacuate the building and ensures better operating conditions for the emergency teams. Moreover, fire-resistant cables ensure power supply and fire alarm system operation during a fire.

The ca ...

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AFL To Produce Fibre Optic Products I...

by wireworld on 11/19/2017 - 04:56 pm
Tag: Projects

AFL, a maker of fibre-optic cable and accessories, is looking to manufacture products at its Bengaluru facility for North American and other Asian markets. The company, which partnered with Citadel Intelligent Systems for manufacturing in India, will primarily produce equipment designed for data centres for existing and new customers. 

Jody Gallagher, President and chief executive officer, AFL, said fast-paced growth in the data centre market had attracted the company, a subsidiary of US-based Fujikura Ltd, to have an India presence for meeting the demand both from the local and global markets. 

Gallagher and K K Shetty, chief executive officer, Citadel, said a rapid digitis ...

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Nucor to Build Merchant Bar Mill at N...

by wireworld on 11/19/2017 - 04:40 pm
Tag: Projects

Nucor Corporation announced that it will build a full-range merchant bar quality (MBQ) mill at its existing bar steel mill located in Bourbonnais, Illinois. The MBQ mill will have an annual capacity of 500,000 tons and is expected to cost $180 million. The project will take approximately two years to complete.

"This new MBQ mill is right in line with our long-term strategy for profitable growth. It takes advantage of our position as a low-cost producer to displace tons currently being supplied by competitors outside the region. It also builds on our market leadership position by further enhancing our product offerings of merchant bar, light shapes and structural angle and channel in markets ...

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LS C&S Asia Breaks Ground For Power C...

by wireworld on 11/16/2017 - 11:02 pm
Tags: Press Releases, Projects

LS Cable & System Asia Ltd. (LS C&S Asia), a subsidiary of Korea’s leading cable maker LS C&S, broke ground for a power cable manufacturing plant in Thilawa Special Economic Zone, east of the capital Yangon in Myanmar, the company said on Tuesday. The new power cable factory commanding a space of 19,800 square meters on a land of 66,000 square meters will produce overhead wires for power transmission or distribution and low-voltage cables for buildings and houses. The company aims to complete the construction by November next year. The company expects the new cable factory would help to significantly reduce Myanmar’s heavy reliance on cable imports, which account for ...

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NKT Is Preferred Bidder for Moray Eas...

by wireworld on 11/16/2017 - 11:00 pm
Tag: Projects

NKT has signed a Preferred Bidder Agreement (PBA) for delivery and installation of export cable systems to the prospective offshore wind farm project Moray East, developed by MOWEL, Moray East Offshore Windfarm Ltd, owned by EDP Renováveis S.A., and ENGIE.

A PBA is a key step towards a final order which is conditional upon final negotiation of the EPC contract and the project owner making a final investment decision (FID) for the offshore wind farm. The FID decision is expected during Autumn 2018 and follows the success of Moray East in the recent UK allocation of Contracts For Difference (CfD).

The Moray East project comprises the manufacture of approx. 185 km of 220 kV A ...

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SoftBank, Facebook, and Amazon Commit...

by wireworld on 11/16/2017 - 09:40 pm
Tag: Projects

Japanese telecommunications giant SoftBank is joining forces with Facebook, Amazon, and a number of other technology companies to build a new 14,000 km (8,700 mile) transpacific subsea cable connecting Asia with North America.

The Jupiter cable system will have two landing points in Japan — at Shima in the Mie prefecture and at Maruyama in the Chiba prefecture  — as well as one at Daet in the Philippines and one near Los Angeles in the U.S.

Joining the aforementioned technology trio on the large-capacity / low-latency cable project are SoftBank’s Japanese rival NTT, Hong Kong’s PCCW Global, and PLDT from the Philippines, with TE SubCom serving as system s ...

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Angola Cables Ramps Up Cape Town Inve...

by wireworld on 11/09/2017 - 03:45 pm
Tag: Projects

Angola Cables has announced plans for a point of presence in Cape Town, its second in the country after Johannesburg, as the company gets ready to serve the market with the new South Atlantic Cable System (Sacs), a new submarine cable that will connect the west coast of Africa and Brazil from mid-2018.

The Cape Town POP will be opened by the end of 2017, the company, which is headquartered in Luanda, announced. It already has a POP in Teraco’s data centre on Johannesburg’s East Rand.

“Increasing demand has resulted in Angola Cables’ decision to develop a POP infrastructure for customers based, or with operations in, Cape Town,” it said in a statement.

“ ...

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