Prysmian Group, world leader in the energy and telecom cables and systems industry, today announces the signing of a new FTTH deployment contract with VolkerWessels Telecom, the telecoms division of Dutch construction company VolkerWessels. The contract will be executed by Draka which earlier this year became part of the Prysmian Group.
NEC Corporation (NEC; TSE6701) announced today the signing of a multi-million dollar supply contract with the global consortium of communications companies, including NTT Communications, KT, Chunghwa Telecom, and others, to construct the Asia Pacific Gateway (APG) system, a high-bandwidth optical submarine cable system that will link 9 countries and territories in Asia. The signing took place at Beijing.
nkt cables has entered a contract with E.ON Climate & Renewables Central Europe GmbH at a value of around € 20 million for the offshore wind farm Amrumbank West.
Borealis, a leading provider of high performance plastics-based solutions for the global wire and cable industry, has come together with 33 other concerned organisations to form an alliance calling for a single European electricity market. The Free Movement of Electricity alliance, whose members range from renewable energy associations to high-tech engineering companies, is urging European legislators to increase competition in the electricity sector, improve security of supply, help deliver climate goals and integrate modern technologies – including renewables.
13th December 2011, Dublin, Ireland – Today marked a major watershed for international connectivity between Ireland and the UK as Sea Fibre Networks (SFN), owner and operator of Europe’s most advanced sub-sea telecoms network CelticConnect launched the first major European sub-sea cable for eleven years.
ABB, the leading power and automation technology group, will invest over $ 400 million to double the capacity of its high-voltage cables manufacturing facility in Karlskrona, Sweden, to meet growing demand for subsea cables.
Among the additions to its product portfolio for automation, Lapp Group will be presenting a new EPIC® DATA M12 PROFIBUS connector at the SPS/IPC/DRIVES 2011 trade show (Hall 6, Stand 350). The new model has been developed specially for connecting PROFIBUS devices with a SUB-D connection to a PROFIBUS cable and offers numerous advantages. For example, assembly times are reduced from the previous three to ten minutes to just 30 seconds, because lengthy unscrewing and insertion of the cable is no longer necessary. The pre-assembled M12 PROFIBUS cable is simply plugged in, tightened and the job is done, thus avoiding potential connection faults.
Nexans, a worldwide leading expert in the cable industry, is launching its innovative ENERGYFLEX BE-FAST™ ‘split & plug’ photovoltaic power cable at Energaia 2011. Visitors to stand D 402 in Hall 12 can see how this new cable concept binds together two highly flexible, rubber 1 kV rated cables so that they can be reeled and handled as a single cable – yet still enables them to be simply pulled apart using the fingers alone to split them ready for the connection of PV panels to array boxes or inverters.
LS Cable & System (CEO & Chairman: Christopher Koo) announced on the 5th that the company had won two contracts worth a total of $102 million (approx. KRW 112 billion) to supply power cables. The company will supply 220kV level extra high-voltage transmission cables worth $91 million (approx. KRW 100 billion) to the Qatar General Electricity & Water Corporation, and deliver large-capacity electric transmission 1,000V bus ducts worth $11 million (approx. KRW12.1 billion) to the Public Works Authority of Qatar for the Hamad Medical City project. These are the first meaningful contracts won from the Middle East since the Jasmine Revolution. It is expected that these projects will lead to sustainable revenue growth in the Middle East where the company has been strong in the market.
LONDON, December 2, 2011 /PRNewswire via COMTEX/ — Prysmian Group has beaten Nexans to first place in the global specialty cable market in 2011, after its merger with Draka. According to Integer Research’s latest Study – The Market for Specialty Industrial Cable – Prysmian’s revenues in this market are expected to reach US$1.1 billion this year. Integer’s study, the first of its kind in this market, has revealed that the global market reached US$4.6 billion in 2010. Many of these cables require high quality polymers and additives to meet tighter fire performance and end-user requirements.