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Panos Kotseras

Egypt - El Sewedy to set up cable plant in Yemen - 0 views

www.reuters.com/...idUSLQ14082520090526

El Sewedy cable plant Yemen

shared by Panos Kotseras on 29 May 09 - Cached
  • Panos Kotseras on 29 May 09
     
    El Sewedy Cables announced that it will establish a low-voltage power cable plant in Yemen. The investment of the project will amount to US$42M and it will be the first cable manufacturer in the country. The capacity of the plant will be 12,000t of copper and aluminium cables per annum. The project, to be build on government leased land and tax exempt for five years, will be a joint venture between El Sewedy Cables (70%) and Hassan & Masoud Abo Gaig (30%).
Colin Bennett

Main copper producer Chile expects record output thanks to BHPB and Codelco - 0 views

www.mining.com/hanks-to-bhp-and-codelco-18910

trends Copper BHPB Codelco

shared by Colin Bennett on 30 Jan 13 - No Cached
  • Chile, the world’s main copper producing country, said Monday output is likely to reach a record high this year as BHP Billiton (ASX, NYSE:BHP) ramps up supply and state-owned Codelco starts a new mine in the Atacama Desert. Based on the report published by the Chilean Copper Commission (Cochilco), the South American nation expects to generate 5.59 million tons of red metal this year, up 3% from 2012 levels. The country also forecasts world copper supply exceeding demand by 56,000 tons this year and 68,000 tons in 2014. BHP is increasing production at its Escondida mine, in Chile’s arid north, over 20%, while State’s owned Codelco is aiming to lift output to 1.7 million tons with activity starting at its Ministro Hales mine, reports Diario Financiero (in Spanish).
Glycon Garcia

Donald Sadoway: The missing link to renewable energy | Video on TED.com - 0 views

www.ted.com/..._link_to_renewable_energy.html

renewable battery

shared by Glycon Garcia on 27 Mar 12 - No Cached
  • Donald Sadoway: The missing link to renewable energy
  • What's the key to using alternative energy, like solar and wind? Storage -- so we can have power on tap even when the sun's not out and the wind's not blowing. In this accessible, inspiring talk, Donald Sadoway takes to the blackboard to show us the future of large-scale batteries that store renewable energy. As he says: "We need to think about the problem differently. We need to think big. We need to think cheap." Donald S
  • Glycon Garcia on 27 Mar 12
     
    "Donald Sadoway: The missing link to renewable energy Tweet this talk! (we'll add the headline and the URL) Post to: Share on Twitter Email This Favorite Download inShare Share on StumbleUpon Share on Reddit Share on Facebook TED Conversations Got an idea, question, or debate inspired by this talk? Start a TED Conversation, or join one of these: Green Home Energy=Hydrogen Generators-alternative sources Started by Kathleen Gilligan-Smith 1 Comment What is the real missing link in renewable energy? Started by Enrico Petrucco 8 Comments Comment on this Talk 60 total comments Sign in to add comments or Join (It's free and fast!) Sort By: smily raichel 0 Reply Less than 5 minutes ago: Nice smily raichel 0 Reply Less than 5 minutes ago: Good David Mackey 0 Reply 3 hours ago: Superb invention, but I would suggest one more standard mantra that they should move on from and that is the idea of power being supplied by a centralised grid. This technology seems to me to be much more beneficial on a local scale, what if every home had its own battery, then home power generation becomes economically more viable for everyone. If you could show that a system like this could pay for itself in say 5 years then every home would want one. Plus for this to be implemented on a large scale requires massive investment that could be decades away. Share the technology and lets get it in homes by next year. Great ted talk. Jon Senior 0 Reply 1 hour ago: I agree 100%. Localised energy production would also make energy consumers more conscious of their consumption and encourage efforts to reduce it. We can invent and invent all we want, but the fast solution to allowing renewable energies to take centre stage is to reduce the base energy draw. With lower baseline consumption, smaller "always on" generators are required to keep the grid operational. Town and house-l
Panos Kotseras

Egypt - El Sewedy's profits jump by 53% y-o-y in Q2 - 0 views

www.tmcnet.com/...4986896.htm

El Sewedy cable copper

shared by Panos Kotseras on 02 Sep 10 - Cached
  • Panos Kotseras on 02 Sep 10
     
    El Sewedy Cables said that profits surged by 53% y-o-y to 270 million Egyptian pounds in Q2 2010 (US$47 million), beating analysts' forecasts. The company engages in the production of cables for the power and telecommunication sectors. It was reported that because other cable makers had cut output due to the recession, El Sewedy was offered the opportunity to boost exports and increase profit margins in 2010. The company has production facilities in Egypt and 10 other countries, and exports to the Middle East, North Africa, Spain, Portugal, eastern European countries and Brazil.
Glycon Garcia

Mexico clears way for private sector investment in renewables | reegle Blog - 0 views

blog.reegle.info/...r-investment-in-renewables.htm

shared by Glycon Garcia on 26 Mar 09 - Cached
  • Glycon Garcia on 26 Mar 09
     
    Until November it was virtually impossible for a private developer of renewable energy power plants to become an independent power producer (IPP) in Mexico. Article 27 of the Mexican Constitution precluded private investment stating that electricity generation for public use is an activity to be undertaken exclusively by the Government. Mexico's enactment of a new law for the use of Renewable Energy and the Financing of the Energy Transition ( Ley para el Aprovechamiento de Energías Renovables y el Financiamiento de la Transición Energética ) substantially improves the legal framework for private investment in renewable energy projects. The law regulates renewable energy electricity generation for purposes other than providing public electricity services. The law states that the use of renewable energy for electricity generation is possible for private use and any excess energy can be sold, but only based on regulations and approvals by Mexico's energy regulatory body, CRE .
Colin Bennett

Xstrata completes $463m El Morro sale - 0 views

news.mining.com/...a-completes-463m-el-morro-sale

trends copper Xstrata

shared by Colin Bennett on 18 Feb 10 - Cached
  • XTA - Xstrata Latest Prices LONDON (SHARECAST) - Xstrata has completed the sale of its 70% interest in El Morro SCM, which owns the El Morro copper-gold project in north-central Chile. The miner will get $463m in cash from New Gold
James Wright

Qatar - Doha Cables to expand EHV cable production to meet rising domestic demand - 0 views

www.wireworld.com/...newsitemextend.php

Qatar GCC El Sewedy cable copper

shared by James Wright on 12 Mar 12 - No Cached
  • James Wright on 12 Mar 12
     
    Doha Cables, a Qatar based cablemaker and subsidiary of El Sewedy Cables, will expand its production capacity for 400V and 500V cables to meet increasing domestic demand. Qatar will host the 2020 Olympics and the 2022 FIFA World Cup and is investing heavily in new infrastructure projects to provide support for planned growth of the local tourism industry. The company also stated that demand from the building sector has been rising. El Sewedy's largest areas of operation are in the GCC, North Africa and Egypt. The company has expressed its plans to expand into other rapid growth nations, including Russia and India.
Colin Bennett

El Sewedy to operate Libya plant by end 2011 - 0 views

www.yourcableandwirenews.com/a+plant+by+end-2011_30068.html

trends copper El Sewedy

shared by Colin Bennett on 26 Oct 10 - No Cached
  • It exports to the Middle East and north Africa, Spain, Portugal, eastern Europe and Brazil, with African countries taking 30 percent of its exports. Sewedy said in September it would increase output this year and next to meet growing demand. It plans to boost output by 18.5 percent to 160,000 tonnes this year, with a further increase to 185,000-190,000 tonnes in 2011.
Colin Bennett

Freeport reviewing projects. El Abra copper mine expansion under the microscope - 0 views

www.mineweb.com/...page36

FMI codelco copper trends mining

shared by Colin Bennett on 03 Nov 08 - Cached
  • Colin Bennett on 03 Nov 08
     
    Global miner Freeport-McMoRan Copper & Gold (FCX.N) said on Saturday it is considering delaying an expansion project aimed at extending the life of its El Abra joint venture with Chile's Coldelco.
Jon Barnes

Mueller Industries posts weaker Q2 earnings - 0 views

groups.diigo.com/trends

shared by Jon Barnes on 22 May 08 - Cached
  • Jon Barnes on 22 May 08
     
    US speciality brass mill Ansonia Copper and Brass Inc. has announced that it will lay off 85 of the 102 employees at its Liberty Street, Ansonia, factory in Connecticut. The plant manufactures copper alloy rod and wires. Company President Raymond McGee said "it's a very, very difficult situation". He blamed the redundancies, on top of 76 employees laid off in April 2007, on the company's struggle with escalating costs. Since 2002 electricity costs have soared 239%, natural gas 200%, fuel oil 125%, and copper and nickel 500% apiece. Ansonia's other facility in Waterbury, CT, which manufacturers copper alloy tube is unaffected by the announcement.
  • ...13 more comments...
  • Jon Barnes on 22 May 08
     
    Tough times in the US brass mill industry
  • Ruth Chapman on 28 May 08
     
    Dowa Metanix announces capacity increase Company announces new pickling line and facility renewal Dowa Metanix, the rolled copper maker of the Dowa Metaltech group announced it will invest around ¥2 billion (US$ 19 million) in a new pickling line and renewal facility during the current fiscal year which began in April 2008. The new pickling line is expected to begin operations early in the fiscal year 2009 and the new line and improved facilities are expected to improve the firm's cost competitiveness. The company then said it plans to expand output capacity by 40% to 1,200 tonnes per month by 2010 as it tries to improve productivity to increase its supply for connector pins and semi conductor lead frames.
  • Jon Barnes on 02 Jun 08
     
    In the past few days world leading cablemaker Nexans has announced one acquisition, one new joint venture and one asset disposal. On the 30th May, Nexans acquired Intercond a leading Italian manufacturer of special cables for industrial equipment and subsea applications. The company had sales of €90m and employs 150. "This [€90m] acquisition fits totally in the Group's strategy by increasing the proportion of its business in high value-added special cables", said Gerard Hauser, Chairman and CEO of Nexans. On the 2nd June, Nexans released a press report confirming that it has formed a joint venture to create a wire and cable plant in Qatar, the country's first manufacturing facility. Qatar International Cable Company (QICC) is owned 29% by Nexans with the balance being owned by Special Projects Company and Al Neama Industrial Co. The new plant in the industrial city of Mesaleed, 40km from Doha, and will employ 210 people. By the end of 2009 it will begin manufacturing low and medium voltage cables for buildings and energy infrastructure as well as special cables for the oil and gas industry. This JV will generate sales of $150m per year by 2010 at current copper prices. Finally, Nexans confirmed that it has completed the pre-announced sale of its copper telecom cable plant at Santander in Spain to the British company B3 Cable Solutions for €17m. These three actions continue to refocus the group's strategy on priority market segments.
  • Jon Barnes on 03 Jun 08
     
    Hot on the heels of the news that Nexans was to build a joint venture in Qatar to construct the country's first wire and cable factory , comes today's news that El Sewedy Cables of Egypt is also to build a $150m power cable plant in Qatar. The 30,000tpy capacity plant will start operating at the end of 2009 or early 2010 and will mostly sell to the domestic market. El Sewedy will own 50% of the company and Qataru based Aamal Holding will hold the remainder. El Sewedy is currently building new cable factories in Algeria and Saudi Arabia, with both expected to start later this year.
  • Jon Barnes on 05 Jun 08
     
    Turkish copper semis producer Sarkuysan expects its output of copper products (wirerod, wire, tube and billet) to rise from 185,000 tonnes in 2007 to around 200,000 tonnes in 2008. According to the General Manager Hayrettin Cayci, "The market is forcing us to increase production as demand, particularly in Turkey, is very healthy", adding that demand came mainly from a Turkish property construction boom. "There's a big boom in demand for energy cables. Plus developed European countries have pulled away from cable production and they're mainly supplying from countries like Turkey". However, high copper prices have eroded profit margins so the company is focussing on more higher value products. He expected total Turkish copper demand (refined and scrap) to rise above 500,000 tonnes this year, from 450,000 tonnes now, and by 2010 he expected demand would reach 600,000 tonnes. Refined copper consumption is currently around 300,000 tonnes.
  • Ruth Chapman on 06 Jun 08
     
    The Exsym Corporation, the joint venture between SWCC Showa Holdings and Mitsubishi Cable Industries, has announced plans to expand its exports of ultra high voltage cables to the Middle East and South East Asia. In order to meet this increase in demand, a horizontal sheathing line has been transferred to the company's Aichi plant in Japan. This will bring the number of sheathing lines for ultra high voltage cables at the plant to three, once the transferred line begins commercial operation over the summer. Exsym also plans to renew one of the two conductor stranding lines at the Aichi plant with the new line expected to begin commercial operation in November 2008. With these new lines as well as an increased number of construction staff, copper cable capacity at the plant is expected to grow by around 200 tonnes per month to 1,200 tonnes per month. In the fiscal year 2007, Exsym posted revenue of ¥41 billion ($0.39 billion) with an operating profit of almost ¥2 billion ($0.02 billion). Exports of ultra high voltage cables to the Middle East and South East Asia accounted for around 40% of the total revenue. The company expects the increase in export capacity to increase revenue to ¥43 billion ($0.41 billion) per year by the end of the fiscal year 2010.
  • Jon Barnes on 09 Jun 08
     
    Mitsubishi Shindoh is to invest Yen6-7 billion to expand production of copper strips at its Sambo plant in Osaka, Japan. This will increase capacity from 3,200 tonnes per month (tpm) to 4,200tpm by March 2010. In addition, the company will transfer 800tpm of copper strip production from its plant in Wakamatsu, Fukushima, Japan, bringing total production capacity to 5,000tpm. Mitsubishi Shindoh will also spend Yen6 billion to improve its copper alloy strip capabilities at its Wakamatsu plant. Productive capacity will remain at 6,500tpm, but with an increased ratio of high quality products. As a result, total company capacity will grow by 40% to 11,500tpm. Mitsubishi Shindoh is a copper and copper alloy fabricator within the Mitsubishi Materials Group. Japan mills have recently seen a strong growth in orders from the semiconductor, leadframe, connector and automotive industries, and clearly expect this to continue.
  • Jon Barnes on 10 Jun 08
     
    Hindalco Industries and Sterlite Industries - the two privately owned Indian copper smelter/refinery/rod producers - are considering changing their domestic pricing mechanism for copper due to the dramatic rise in oil prices. At present, a uniform pricing system for customers all over the country is in place, however, the companies are mulling a change to ex-works pricing. This would mean that customers would be charged a different price depending on their delivery destination from the smelter. To balance the recent hike in fuel prices, they had recently started levying a Rs2/kg freight charge across the country irrespective of distance. Diesel is used in firing the furnaces while furnace oil is used in running them. The total fuel cost is estimated at 10-12% of the price of copper, with 1% of this being the transportation cost. The fuel price hike has not affected domestic copper demand as yet, but a prolonged period of this sentiment may hit many developing infrastructure projects badly.
  • Jon Barnes on 12 Jun 08
     
    Jiangxi Copper said it expects Chinese refined copper consumption to grow at 8-10% this year driven by investment in the power industry. Power generation accounts for between 50-60% of all copper used in China. Damage to power generation capacity caused by this year's earthquake in Sichuan province will require a major rebuilding program which will also stimulate copper consumption. Chinese refined copper imports fell by 23% year on year between January and April, however, this decline was at least partly explained by a 23% expansion in Chinese refined copper production during the period. Wu Yuneng, General Manager of JCC Southern Copper said, "We need more concentrate and scrap rather than refined copper".
  • Susanna Keung on 13 Jun 08
     
    Four major Japanese copper tube producers plan to reduce production by 4% year-on-year to 84,220 tonnes in total during the first half of the fiscal year 2008 (April 07-March 08). It is reported that demand for copper tubes has fallen because of the inactive construction industry as well as high copper prices. The construction industry saw a major slowdown last year after the introduction of new building regulations. All four producers expected this weak trend to continue. Sumitomo Light Metal is the only producer who plans to increase its output estimate, but only by 1% year-on-year. Kobelco & Materials Copper Tube says that it would decrease normal tube output for export to adjust the inventory level at its Malaysian operation. Furukawa Electric and Hitachi Cable said they would need to focus more on their commercial tube businesses. It is believed that the tube market has also been hit by substitution from aluminium.
  • Ruth Chapman on 16 Jun 08
     
    As of the 30th May, the Optical Cable Corporation acquired Superior Modular Products Incorporated (known in business as SMP Data Communications) in a deal worth $11.5 million. SMP Data Communications is now a wholly owned subsidiary of the Optical Cable Corporation. The President and CEO of Optical Cable, Neil Wilkin, said the acquisition would enable the company to expand its product offerings with more complete cabling and connectivity solutions, including fibre optic and copper connectivity. SMP Data Communications manufactures more than 2,000 products including cutting edge Category 6a connectivity solutions which offer a 10 Gig throughput.
  • Susanna Keung on 17 Jun 08
     
    A subsidiary of Japanese company Sumitomo Electric Industry Group, Sumitomo Electric Wintec Inc, has recently developed a new type of winding wire. The HGZ is a scratch-resistant winding wire for varnish impregnation for compressor motor. The company has started selling this new type of winding wire. This new development improves the adhesive tendency of varnish which solves the problem of varnish impregnation in fixing coil from traditional scratch-resistant winding wire. It also improves the energy efficiency of motor as it forms coil with higher density. Sumitomo Electric Wintec specialises in copper-based magnet wire and it serves mainly the manufacturers of air conditioners, automobiles, refrigeration equipment and televisions.
  • Jon Barnes on 01 Jul 08
     
    Luvata's ECO-Heatcraft division has launched a new technology for its air conditioning and refrigeration systems based upon using carbon dioxide as a refrigerant. The company believes that, as well as offering zero ozone depletion and less effect on global warming, the use of carbon dioxide can also allow more efficient operation of the system than traditional refrigerants. Luvata claims that, "The higher volumetric efficiency of carbon dioxide (known as R744) means that the cross sectional area of pipes used in heat transfer equipment can be reduced. As a result, equipment has the potential to be smaller, lighter, more efficient and better for the environment". The development of smaller diameter pipes with reduced wall thicknesses would tend to favour existing inner grooved copper tube based designs rather than emerging aluminium based technologies.
  • Jon Barnes on 22 Jul 08
     
    Further evidence of the impact of the North American economic slowdown on copper demand has recently been published by the ABMS and government statistical bodies. North American copper wirerod production plummeted 9.6% year-on-year to 174,000 tonnes in April. Output had been on a downward trend but the magnitude of the deterioration in April has still come as something of a surprise. A year-on-year increase of 2.0% in North American output January had been followed a 1.0% fall in February and a 2.7% drop in March. In April Canadian output was flat year-on-year due to improving export sales to the US, while US production fell 9.8% year-on-year and Mexican shipments slumped by 17.5%. On a year-to-date basis North American wirerod production was 2.9% lower in the four months to April 2008. Weakening demand from the automotive industry, coupled with a resurgance in copper prices and the return of Russian wirerod imports has clearly led to a deteriorating market situation for domestic mills.
  • Jon Barnes on 23 Jul 08
     
    Mueller Industries second quarter results highlight the tough times that the US brass mill industry is facing, but that companies can still operate profitably in a challenging market environment. The company's plumbing and refrigeration segment saw sales fall 11% to US$404m, while its operating profits dropped 32% to US$35m. The company blamed lower shipment volumes and lower spreads for the weaker performance. Sales at the company's OEM division, which includes its brass rod activities, rose 10% year-on-year to US$354m, while its operating profits rose 5% to US$19m. The improvement here is due to acquisition of Extruded Metals. Commenting on the results Harvey Karp, Chairman of Mueller Industries said "Mueller's earnings for the first half of 2008 were achieved despite the continuing decline in the housing industry, the sub-prime mortgage meltdown, the turbulence in the financial markets, rising metal costs, sky-high energy prices and a slowing national economy. Considering these adverse circumstances, we are pleased with the results."
Colin Bennett

Egypt's El Sewedy Q1 net profit dips 26% - 0 views

www.reuters.com/...idUSLS56492420090528

trends copper sewedy cable

shared by Colin Bennett on 22 Jun 09 - Cached
  • Colin Bennett on 22 Jun 09
     
    CAIRO, May 28 (Reuters) - Egypt's El Sewedy Cables (SWDY.CA) posted a 26 percent decline in net profit for the first quarter of 2009 to 192 million Egyptian pounds ($34 million) as wire and cables sales dropped, the firm said on Thursday.
Panos Kotseras

Egypt - El Sewedy delays Libya based cable plant - 0 views

www.bloomberg.com/...ng-cable-factory-in-libya.html

El Sewedy Libya cable

shared by Panos Kotseras on 03 Mar 11 - No Cached
  • Panos Kotseras on 03 Mar 11
     
    Egypt's cable maker El Sewedy will delay the construction of a cable plant in Libya due to the unrest in the North African country. The company had signed an agreement in 2007 with the General Electricity Co. of Libya and the Libyan Economic Development Fund to build the plant in Tripoli, owning 55% of the venture. Investment would amount to US$65M and annual capacity would be 13,600t of cable.
Glycon Garcia

¿Cuál prefiere? - Por qué América Latina podría convertirse en líder mundial ... - 0 views

adsenergia.wordpress.com/...ndial-en-eficiencia-energetica

energy

shared by Glycon Garcia on 07 Aug 08 - Cached
  • Glycon Garcia on 07 Aug 08
     
    Imagine qué ocurriría si la ciencia descubriera una nueva fuente de energía capaz de satisfacer el 20 por ciento de la demanda global de electricidad a un costo prácticamente nulo y sin impacto medioambiental alguno.
Glycon Garcia

Latin America News - 0 views

www.google.com/...view

renewable Chile Costa Rica

shared by Glycon Garcia on 16 Mar 11 - No Cached
  • The Chilean Agency for Energy Efficiency is developing an energy efficiency labeling system for new vehicles due out in 2011 and will be mandatory starting in September.  (Diario Financiero, 12/16/10)
  • Scientists at the University of Costa Rica are developing solar cells sensitized with dyes from local plants.  Benefits of the cells include its cheaper production price, flexibility and thinness, and ability to produce power with very little light.  However they are not yet as efficient as the present day silicon solar cells. (El Financiero CR, 12/14/10) Mitsubishi Motors will release the first electric car in Costa Rica, called iMiEV.  The car is 100% electric, automatic, is powered by a lithium-ion battery, has room for five people and will cost $61,500.  According to the company, Costa Rica was chosen for car’s release in the Americas due to its environmental record and goal to become carbon neutral by 2021. (El Financiero CR, 12/14/10)
Glycon Garcia

Climate, Energy and Environment News from Latin America: 1.3 - 1.7.2011 | Amanda Maxwel... - 0 views

switchboard.nrdc.org/..._energy_and_environment_9.html

Latin America renewable

shared by Glycon Garcia on 16 Mar 11 - No Cached
  • n 2010, thermal energy displaced hydro as the major source of energy generation for the Chilean Central Interconnected System.  Coal, natural gas, and diesel supplied over 50% of energy consumed while hydropower accounted for 48%.  This trend is expected to continue in 2011 if current water shortage conditions persist. (El Mercurio, 1/4/11)  Last year’s drought created a 26% increase in thermal generation as compared to 2009.
  • The Regional Energy Efficiency Strategy initiative led by Bun-ca has reported an energy savings of 9368 MWh over the past six years, equivalent to 4992 tons of carbon dioxide, by working with 190 companies in the industrial and commercial sectors to become more energy efficient.   Recently UNEP’s En.lighten study estimated that Costa Rica could save 276,000 MWh and $27.6 million per year if they changed all light bulbs to CFLs.  The cost of this change was estimated to be $22.63 million.  (El Financiero CR, 1/3/11)
  • The Mexican government is planning to invest four billion dollars to build a one thousand megawatt renewable energy storage facility in Northern Mexico.   The facility will use a special kind of sodium sulfide batteries for the project which is expected to be completed in the next six years.  (Clean Techies, 1/6/11)
Glycon Garcia

Insidecostarica.com | Costa Rica Daily News and Information - 0 views

insidecostarica.com/...costarica11012806.htm

Central America wind renewable

shared by Glycon Garcia on 16 Mar 11 - No Cached
  • Wind Generation Grows 120% In Central America, Costa Rica Leading The Way
  • Glycon Garcia on 16 Mar 11
     
    "Central America's wind-power generation grew 120% between 2009 and 2010, according to a new study published by regional economic think tank Comision Economica para America Latina (CEPAL). All together, the region comprising Guatemala, Costa Rica, Honduras, Nicaragua, El Salvador, Panama and Belize, generated 237.2 Gwh of wind energy during the period. This came mostly from projects in Costa Rica and Nicaragua, CEPAL said, adding that Central America has attracted rising wind investments due to improving regulation for the technology."
Colin Bennett

El Sewedy Electric eyes stronger performance in second half of 2011 - 0 views

www.yourelectricalequipmentnews.com/second+half+of+2011_30961.html

trends Copper Middle East

shared by Colin Bennett on 15 Sep 11 - No Cached
  • Cables, the group’s main product, saw sales volumes increase by 13 per cent during the second quarter of 2011, on the back of heightened government spending in Egypt and Syria, and unprecedented growth in demand from Qatar, Kuwait and Saudi Arabia. The group also said it expects its transformers segment is to perform better during the second half of 2011, after a spate of new orders, mainly from Syria.
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