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James Wright

Finland - PKC group acquires North American wire harness maker AEES - 0 views

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    PKC Group Oyj, the Finnish wiring, cable and electronic manufacturer, signed an agreement to buy AEES, the North American wire harness manufacturer, for €109M in cash and €1.25M in newly-issued PKC shares. PKC principally produces wiring harnesses for the automotive industries in Europe and South America. The company cited the rebounding market environment and AEES' strong North American regional market share as a leading supplier to the heavy and medium truck production sectors as reasons for the takeover.
Piotr Ortonowski

Belgium - Fushi Copperweld establishes European distribution centre and production plant - 0 views

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    Fushi Copperweld Inc., a leading manufacturer of copper-clad wire, was granted approval by the Commercial Court of Liege in Belgium to lease a 45,000 square-meter copper tube manufacturing and distribution facility, which would serve as an operational hub for the company in Europe. The plant will produce 5,000-6,000t/y of copper tube and plans are being considered to develop a copper-clad wire production line. During the lease period, Fushi Copperweld will have the option purchase all of the assets for EUR5.8M (US$7.8M).
James Wright

Germany - Aurubis wirerod sales up month-on-month in September; orders firm - 0 views

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    Aurubis AG, a leading integrated supplier of refined copper and copper products, has said that its wirerod sales increased m-o-m in September 2011. Copper cake and billet sales are slightly below anticipated levels and the company said that customers have recently been more cautious and have sought some new financing sources. However, macroeconomic concerns have not affected order numbers.
James Wright

Chile - Codelco clients request cancellations of refined copper orders - 0 views

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    Local news sources reported that Codelco, a leading copper producer based in Chile, received requests from some U.S. and European clients to cancel an undisclosed quantity of orders for copper cathode. A spokesperson from Codelco attributed these moves to increased global economic uncertainty. Amongst the company's 150+ clients, major customers include Nexans, Southwire, its German subsidiary Codelco Kupferhandel and the American Copper Partners. However, Codelco is not anticipated to struggle selling any stock originating from the cancelled orders due to demand from China.
James Wright

Germany - Leoni AG set to fully acquire South Korean wiring systems manufacturer Daekye... - 0 views

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    Leoni AG, a leading automotive wiring harness provider, reached an agreement to acquire the outstanding 50% of its joint venture partner, Daekyeung T&G, effective on 1st January 2012. Leoni acquired 50% of Daekyeung in June 2008 after an agreement one year earlier to cooperate on wiring harness development. Daekyeung produces wiring harnesses for the automotive industry in three facilities located in China. The South Korean company is expected to generate sales between €130M - €140M in 2012 and will help Leoni's objective to double sales revenue in South Korea by 2015.
Colin Bennett

Nexans to build Extra High Voltage cable plant in US - 0 views

  • Nexans, a worldwide leading expert in the cable industry, has announced its intention to build a plant for the manufacture of underground Extra High Voltage (EHV) cables* and possible extension to submarine HV activities, in the United States.
Piotr Ortonowski

Japan - SWCC Showa establishes JV with Fortis Group - 0 views

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    SWCC Showa Holdings Co., Ltd. announced it has established Hangzhou Fortis Showa Wire Materials Research & Development Co., Ltd., a fifty-fifty joint venture subsidiary for analyzing materials with Fortis Group Co., Ltd., a leading manufacturer of communication cables in China. The subsidiary will be employed to locally procure raw materials for copper wirerod and cable for use in photovoltaic systems they will manufacture in China. It aims to strengthen cost competitiveness whilst also securing quality.
James Wright

China - China expected to remain a top copper scrap consumer - 0 views

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    According to Sims Metal Management Asia, China is anticipated to remain a leading consumer of copper scrap as it continues to produce less recycled copper than required. The company also said that Chinese imports of copper scrap have been steadily increasing. The copper scrap industry has registered a steady recovery, supported by high cathode prices. However, volumes are still below 2008 levels. Generation of copper scrap has been slow, due to the sluggish recovery in the US construction sector.
Colin Bennett

Japanese firm to recover gold, silver, copper from E-waste - 0 views

  • For the first time in Japan, a leading recycling firm announced a project to recover precious metals like gold, Silver and Copper from electronic devices.
Colin Bennett

Zambia Lures Vale, Vedanta in $6 Billion Copper-Mine Expansion - 0 views

  • Zambia, Africa’s largest copper- mining nation, is set to enter the world’s top five producers as Vale SA (VALE3), First Quantum Minerals Ltd. (FM) and Vedanta Resources Plc (VED) lead more than $6 billion of investment in the country’s mines.
Colin Bennett

China's copper demand stages comeback in June, others falter - 0 views

  • Copper imports in China, the world's leading copper and aluminium consumer, snapped two months of decline to rise 9.9 percent to 280,009 tonnes in June, data showed. However, total copper imports for the first six months of 2011 were still down 23.8 percent from a year ago at 1.7 million tonnes, the customs agency said on Sunday.
Piotr Ortonowski

Sweden - Outokumpu sells 50% stake in Nordic Brass - 0 views

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    Outokumpu, a leading stainless steel fabricator, announced on 1st November that it has sold its 50% shareholding in Nordic Brass Gusum, a brass rod mill located in Sweden, to the operative management. The brass rod mill has a production capacity of 40,000t/y, employs 150 workers and in 2010 achieved a turnover of EUR110M. Outokumpu still owns another brass mill in the Netherlands, Copper LDM B.V., which has a production capacity of around 30,000t/y.
Colin Bennett

Groove-rolling as an alternative process to fabricate Bi-2212 wires for pract... - 1 views

  • In this paper we demonstrate the ability of this technique to increase the density in Bi-2212 wires, which leads to a three-fold increase in JC with respect to drawn wires, making this approach very promising for fabricating Bi-2212 wires for high magnetic field magnets, i.e. above 25 T.
Colin Bennett

UK's only copper alloy-maker Thomas Bolton enters administration after cash crunch - 1 views

  • The Stoke on Trent-based company has been trading for over 200 years and is a leading supplier of copper products including copper bars, rods, and sections.
Colin Bennett

BHPB strategy - 0 views

  • Mackenzie told reporters in Beijing on Thursday he expects rising Chinese demand for materials with more consumer uses, such as copper, while greater food consumption could lead to more demand for the soil nutrient potash.
Colin Bennett

Mining the Antarctic - 0 views

  • All this while crews try to figure how to drill pass the mantle of ice covering 99% of the continent, which is over 2 miles thick, but it stores an abundance of highly sought resources, including coal, iron ore, manganese, copper, lead, uranium, diamonds and billions of barrels of oil reserves.
Colin Bennett

Center for Automotive Lightweighting - 0 views

  • Our objective is to develop the measurement methodology, standards and analysis necessary for the U.S. auto industry and base metal suppliers to transition to advanced lightweight materials for auto body components without wasteful trial-and-error development cycles, and successfully transfer this technology to our customers in industry. With this knowledge, the U.S. automotive industry will be able to transition to new advanced and lightweight materials more easily, as more accurate data and material models will lead to more accurate die designs, reducing die tryouts and new model development costs. 
Colin Bennett

Alstom unveils latest R&D - 0 views

  • Innovation is at the heart of Alstom Grid, with 4 per cent of sales invested in Research & Development, each year. Alstom’s experts collaborate closely with international standardisation organisations and work hand in hand with leading universities.
Colin Bennett

Energy efficient ABB transformers are ready to meet or exceed new EU ecodesign requirem... - 0 views

  • ABB, the leading power and automation technology group, is well prepared for the new ecodesign transformer regulations that came into force within the EU`s internal market in June 2014. All new transformers put into service in the EU must fulfil minimum energy efficiency requirements from July 1, 2015, giving the industry and market a period of grace of less than one year to adapt.Large amounts of power pass through transformers, which account for 30-40 percent of the losses in transmission and distribution systems. Even a marginal increase in transformer efficiency can significantly reduce CO2 emissions.The new EU ecodesign regulation covers small, medium and large power transformers used in electrical transmission and distribution networks, and for industrial applications. However, it does not apply to all transformer products; for example, single phase transformers are unaffected.The new legislation is intended to prevent high loss transformers from being installed in the EU, but the first phase (Tier 1) of efficiency requirements that come into play in July 2015 are only the start. By 2021, a Tier 2 standard will require transformer designs to be about 10 percent more energy efficient than Tier 1.
Colin Bennett

Concern grows among UK manufacturers at rising energy costs - 0 views

  • In an attempt to reduce costs and cut emissions, manufacturers are increasingly turning to energy efficient technologies. Almost two-thirds of companies surveyed planned to increase investment in energy management during the next 12 months, in areas such as renewable and self-generation technologies. The aerospace industry leads the way, with more than two-thirds investing in energy efficient technologies, compared with 41 per cent in metals and aggregates.
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