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Over the past years Prysmian has been investing in the construction of the Vila Velha plants for umbilicals and flexible pipes with the aim of diversifying and further expanding its activities in the market of technology and products for the OG&P industry. The flexible pipes plant has complemented the umbilical plant, opened in 2007, and the addition of flexible pipes to its product range has enabled Prysmian to offer the OG&P industry a comprehensive range of SURF products (Subsea Umbilicals, Risers and Flowlines). Now thanks to the merger between Prysmian and Draka, the Group can rely also on two plants in North America, thus broadening the available range of products technology to special Down Hole Technology (DHT) systems (manufactured in Massachusetts and New Jersey) and creating interesting cross-selling opportunities to accelerate the business’s expansion also in new strategic areas such as ASEAN, Northern Europe and Western Africa.

"The Asian market has shown rapid growth, reaching US$1.8 billion in 2010," says Integer Research Director, Philip Radbourne. "Prysmian, Nexans, Leoni and General Cable dominate the market for specialty industrial cables. General Cable dominates North American, whilst Prysmian, Nexans and Leoni have expanded their operations from Western Europe into Asia." There are also a number of other producers of specialty cable, from Lapp, LS Cable, Fujikura, Furukawa Electric, through to TMC, Hien Electric, and Habia Cable. These companies have built market share in their niche products area on a regional basis. The same is true of leading Chinese shipboard cable maker Yuanyang (Yangzhou Marine Cable) "North America and Western Europe have shown the highest growth rates in the renewables markets - wind turbines and solar farms. However, Asia has been showing impressive growth in a range of end-use sectors. This certainly may explain Nexans and Prysmian's strategy of moving into the Middle East and Asia," says Sebastien Chu Ti, analyst at Integer Research.

Over the past years Prysmian has been investing in the development of umbilicals - both Steel Tube and Thermoplastic- and flexible pipes with the aim of diversifying and further expanding its activities in the market of technology and products for the OG&P industry.

Prysmian Group, world leader in the energy and telecom cables and systems industry, presented this morning the project for the construction of its new Group Headquarters in the Bicocca district of Milan.

The 2014 Europacable General Assembly on 24 June saw changes in leadership Mr. Valerio Battista, CEO of Prysmian Group, was elected new Europacable President to succeed Mr. Frédéric Vincent, Chairman and CEO of Nexans; Mr. Pascal Portevin, Senior Corporate Executive VP of Nexans, was elected new Chairman of the Europacable Executive Board following Mr. Fabio Romeo, Chief Strategy Officer of Prysmian Group, who has lead the Executive Board since its foundation.

The onshore cable will connect to the offshore cable network at the beach landing point in Pensarn, and will be routed underground to the new electricity substation in St Asaph. In total, there are four circuits, each consisting of three cables. Prysmian will manufacture the full 134.4kms length of 132kV cable at its Wrexham plant, marking the "largest single order" of 132kV cable produced at the factory.

Demand has started to recover even in the more cyclical businesses, such as cables for the construction industry and for power distribution, both of which particularly hard hit by the crisis. The improvement in organic growth has been recorded across all the energy cable businesses, particularly in the higher-tech segments, including those linked to renewable energy, where Prysmian has confirmed its technological and market leadership.

Global power cable major Prysmian Cables and Systems has acquired majority stake in Ravin Cables in a bid to foray into the Indian market, the companies said here on Wednesday.

Our commitment is to establish a credible and sustainable full range cables supplier in the Indian market, targeting a 10% market share – said Mr. Fabio Romeo, the Prysmian Group’s Chief Commercial Officer, at a meeting with Indian journalists in Mumbai.

Prysmian’s product portfolio at MEE 2011 will focus on the full range of state-of-the-art power cables including HV and EHV underground and submarine cable systems for applications such as interconnections between power grids, links between natural or artificial islands and the mainland, and connections to, or between, offshore oil production and wind power generation facilities. Prysmian will also be presenting a wide range of cables and systems for the Oil, Gas and Petrochemical industry – complex and integrated systems for power transmission and distribution, control and instrumentation for industrial applications - including innovative specialties such as Drylam™ and Airguard™ Cable System, cable solutions with enhanced features and reduced environmental impact, specifically designed for critical environments. To complete the available portfolio FP® fire resistant cables, Umbilicals and power distribution cable solutions will also be on display.