Month: October 2010

Nexans Announces 2010 third-quarter financial information

Target confirmed for full year operating margin rate of 4.5%

§         Organic growth of 2.8% in the third quarter

§         Confirmed recovery in low and medium voltage energy infrastructure business and special cables

§         Stabilized building sector

§         Net debt reduced despite rise in copper prices 

Nexans today announced 2010 third-quarter sales of 1,566 million euros (at current non-ferrous metal prices), or 1,094 million euros at constant non-ferrous metal prices*, which corresponds to an organic increase of 2.8%**.

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Siemon high-speed interconnects pass 40 and 100 Gb/s interoperability testing

Wednesday, Oct 27, 2010 Siemon, a leading, global manufacturer of IT network cabling and infrastructure systems, today announced that its high speed interconnect products have passed key 40 and 100 Gigabit Ethernet testing at the Ethernet Alliance’s (EA) recent Higher Speed Ethernet (HSE) subcommittee interoperability plugfest for IEEE Std. 802.3baTM-2010 40 and 100 Gb/s Ethernet.

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Borouge’s Abu Dhabi plant on track to deliver

 Borouge 2, Borouge’s US$5 billion mega-project in Abu Dhabi, UAE on track.
 Polyolefin production capacity tripled to 2 million tonnes per year.
 Expanded plant includes the world’s largest ethane cracker and olefins conversion unit.
 Polypropylene manufacturing capability added to Borouge’s production portfolio

At the K-2010 Fair in Dusseldorf, Germany, Borouge, a leading provider of innovative, value creating plastics solutions, confirmed that its expanded plant in Abu Dhabi, UAE, is starting-up as planned.

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Prysmian Fire Safety Cables to Power the New Istanbul Metro Line More Than 1,500 KM of Medium and Low Voltage Fire Resistant Cables Will Be Supplied

Prysmian, a leading worldwide player in the energy and telecommunication cables industry, will supply the Avrasya Metro Group (AMG) with Afumex™ power cables, able to guarantee safety if fire were to break out in the new Kadiköy-Kartal metro line in Istanbul, Turkey.

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nkt cables celebrates new high-tech cable factory in Cologne with a large ceremony

nkt cables has opened its new cable factory “f2c” – which is an abbreviation of “flow to customer” – in Cologne. The factory has been constructed on the basis of facilitating optimal cable production. Unique and specialized technical innovations have been integrated into the factory to make the production as efficient as possible.

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2M KABLO receives 3 more certificates for fire resistant cable groups

2M KABLO, a leading manufacturer and supplier of cable and wire to the Oil & Gas, Fire & Security and Audio & Video industries, with current certificates from LPCB for two fire resistant cable groups, as well as Russian GOST & Fire and Turkish TSEK certificates, has recently received three new certificates for some of its fire resistant cable groups:.

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Thomas & Betts Corporation Reports Third Quarter Net Earnings of $0.81 per Share Excluding Income Tax Benefit

Friday, Oct 22, 2010 Thomas & Betts Corporation /quotes/comstock/13*!tnb/quotes/nls/tnb (TNB 43.56, -1.48, -3.29%) today reported third quarter 2010 net sales of $533.0 million, up 9.9% compared to 2009 including $27.5 million in sales from acquisitions. Excluding acquisitions, year-over-year sales increased 4.2%. Increased volumes in the Electrical and Steel Structures segments drove the sales increase.

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Prysmian to showcase wide range of cables and systems for the Oil and Gas industry at ADIPEC 2010

Prysmian, one of the leading worldwide players in the energy and telecommunication cables industry, is to showcase its latest technological innovations, specifically designed for the Oil and Gas industry, at ADIPEC – one of the most influential shows in the sector at next week’s show edition taking place in Abu Dhabi from November 1st to 4th, 2010 – stand 02015, Hall 2.

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