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Colin Bennett

Saudi Electricity Approves $3.9 Billion of Projects to Meet Power Demand - 0 views

  • Power demand in Saudi Arabia, the world’s largest oil supplier, is set to increase 8 percent a year as the population expands and the government invests to spur economic growth. The utility plans to invest 205 billion riyals in capacity expansion by 2018.
Colin Bennett

LS Cable eyes global superconductor power market - 0 views

  • The deal, to be announced on Wednesday, is the latest sign of Asian companies’ ambitions to lead global markets for clean energy technology. LS, one of the world’s largest power cable suppliers, is buying up to 3m metres of superconducting wire, more than the total now in use worldwide, to make cables to sell in world markets.
Colin Bennett

Prysmian/Ravin JV to target 10% market share in India's cables sector - 0 views

  • 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.
Sergio Ferreira

Saving Gas: Pneumatic Hybrid Engine Is Much Cheaper Than Electric Hybrids And Almost As Economical - 0 views

  • Although the fuel saving achieved by the pneumatic hybrid is not as large as that of an electric hybrid, it still amounts to 80 percent of the latter. In return, the price-performance ratio is distinctly better.
  • The new engine concept has aroused the interest of several major motor companies and automitive suppliers, who have obtained information on-site. Some of the ideas of the new concept have already been patented
Susanna Keung

International Wire Announces the Idling of Two Plants - 0 views

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    As a result of weak customer demand in the aerospace and electronics/data communications markets in Q1 2009 caused by the global economic downturn, International Wire Group, Inc., a US manufacturer and marketer of wire products, announced that it is idling production at two plants in Jewett City, Connecticut and Littleton, New Hampshire. International Wire Group, Inc. manufactures wire products for other wire suppliers, distributors and OEMs manufacturers. It has 19 facilities across the US, Belgium, France and Italy.
Susanna Keung

Polycab Wires to build a plant in Gujarat - 0 views

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    Polycab Wires will set up a 50:50 joint venture with Nexans to establish a manufacturing unit in Gujarat. The plant will specialise in the production of elastomeric and extra high voltage (EHV) cables. R. S. Vaidyanathan, president and CEO of Polycab Wires, said that the demand for EHV cables in India will soar and few suppliers will be in a position to meet market needs. He also remarked that the power transmission business in India has not been impacted by the slowdown due to orders placed by the public sector.
Glycon Garcia

Imports from Latin America May Help U.S. Meet Energy Goals - 0 views

  • Latin American nations could become important suppliers of ethanol for world markets in coming decades, according to an Oak Ridge National Laboratory study.
Colin Bennett

50% Of Consumers Consider Sustainability When Picking Brands Or Stores on PSFK - 0 views

  • A survey of 22,000 US folk suggests that green issues are more of a concern for consumers than many brands hope. The survey by Information Resources asked Americans to determine the impact of four key sustainability features in their product and store selection-organic, eco-friendly products, eco-friendly packaging and fair treatment of employees and suppliers. The results show that approximately 50 percent of U.S. consumers consider at least one sustainability factor in selecting consumer packaged goods items and choosing where to shop for those products.
Colin Bennett

New ISO Standard For Safety Of Consumer Goods - 0 views

  • The future standard is expected to provide guidance to all parties involved in the consumer product supply chain (designers, manufacturers, importers, distributors, retailers, etc). It should result in fewer preventable injuries, promote consumer confidence, provide an international benchmark to facilitate access to international markets, serve as an adjunct to regulatory approaches, offer a systems approach to product safety, level the playing field, educate suppliers, and more.
Colin Bennett

Xiangguang Copper may buy 15% stake in CuDeco - 0 views

  • Xiangguang Copper, a copper smelting unit of chicken supplier Shandong Fengxiang Group is planning to acquire a stake in Australian gold and copper miner CuDeco, to bolster its raw material supplies.
Panos Kotseras

Italy - Prysmian secured EU approval to acquire Draka - 1 views

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    Prysmian secured EU regulatory approval for the proposed acquisition of Draka. According to the statement released by the EU antitrust regulator, "The Commission's investigation has shown that the merged entity will continue to face effective competition in the production of optical fibre cables and general wiring despite becoming the European leader in the markets concerned." It was reported that the European Economic Area consists of a number of smaller suppliers, and therefore Prysmian will continue to have a sufficient number of competitors in its markets.
Colin Bennett

Superior Essex Announces New Power Cable Manufacturing Facility - 0 views

  • Superior Essex is part of LS Cable & System, a global leader in the manufacture of power cable products and a supplier for many energy transmission projects around the globe. The new 250,000-square-foot facility, announced on April 14, is expected to be completed next year, and will be the Company’s first North American location to manufacture power cable products.
James Wright

US - Copper semis trade deficit widens by 15.7% m-o-m in March - 0 views

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    The US Copper and Brass Fabricators Council has reported a 15.7% m-o-m increase in the US brass mill products trade deficit, taking net imports to 19.9Mlbs in March 2011. The principal suppliers to the US were Germany and South Korea, whereas most US shipments were to Canada, Mexico and China. The segment which saw the largest increase in trade deficit was flat rolled products which reached 6.5Mlbs in March, up from 3.8Mlbs in the previous month. In addition, the trade deficit of rods, bars and sections rose, whereas tube as well as alloy wire both experienced greater monthly gains in exports compared to imports.
James Wright

Japan - Mitsui Mining and Smelting Co. considers moving some ED copper foil production overseas - 0 views

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    It was reported that Mitsui Mining and Smelting Co. is considering a partial shift of its electrodeposited copper foil output from Saitama Prefecture to an overseas facility. The company is attempting to reconcile concerns over the possibility of further power shortages affecting their production in Japan and the risk of overseas technology leaks. Mitsui Mining and Smelting Co. is a leading ED copper foil producer and a major supplier of copper foil for smartphones.
Colin Bennett

IEWC expands global wire and cable distribution footprint to Brazil - 0 views

  • Wire, cable, and wire management products supplier IEWC announced that it plans to expand its international distribution services with the opening of a sales office and stocking facility near Sao Paulo, Brazil.
Colin Bennett

Dow Wire & Cable Changes Business Name to Dow Electrical & Telecommunications - 0 views

  • Dow Electrical & Telecommunications, a business unit of The Dow Chemical Company (“Dow”), is a leading global provider of products, technology, solutions and expertise that sets standards for reliability, longevity, efficiency, ease of installation and protection that the power and telecommunications industries can count on in the transmission, distribution and consumption of power, voice and data. Understanding that collaboration is essential to success, Dow Electrical & Telecommunications works together with cable makers, other industry suppliers, utilities, municipalities, testing institutes and other organizations around the world to develop solutions and create mutual value that will sustain these industries for years to come. For more information, visit www.dow.com/electrical.
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.
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.
Colin Bennett

The leading exporters of wire and cable into Brazil - 0 views

  • Currently the leading suppliers into Brazil are China, the US, South Korea and Germany. Total imports amounted to US$663 million in 2010, a 40% increase over 2009.
Piotr Ortonowski

US - Copper fabricators and service centres hold pessimistic outlook - 0 views

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    According to a survey conducted by the Copper and Brass Servicecenter Association, the majority of copper distributors and fabricators hold a pessimistic view of the market. 81% of surveyed service centres and 39% of surveyed suppliers believe that orders in Q4 will remain the same, with 46% and 14% of them, respectively, expecting orders to fall. Furthermore, there is widespread concern over the uncertain future of the copper market in the light of financial turmoil in the US and Europe.
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