News

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This web-page presents the most important and beneficial industry news as follows.

  • 14 May 2018, 08:48.
    Japan's Furukawa opens US$22 million fibre optic plant in Morocco
    Japanese electric and electronics firm Furukawa Electric Co. has opened its first fibre optic cable production plant in MENA (Middle East North Africa) in Morocco's Tangier Automotive City. The company spent over US$22 million (approximately 200 million dirhams) on the new plant which it says will be run by its US subsidiary Optical Fibre Solutions. The plant covers a surface area of 31,000...
  • 10 May 2018, 08:45.
    Following on from a successful 2017: Leoni sets course for sustained, profitable growth
    Leoni, a global provider of energy and data management solutions in the automotive sector and other industries, looks back contently on 2017. Due above all to the increasing momentum of demand, the Companys sales rose by more than 11 percent to a new high of EUR 4.9 billion (previous year: EUR 4.4 billion), with organic growth coming to about 10 percent. Earnings before interest and taxes (EBIT) were up strongly from EUR 79 to 225 million, with the EBIT margin widening accordingly from 1.8 to 4.6 percent.

  • 07 May 2018, 08:42.
    wire 2018 and Tube 2018: order intake at wire, cable and tube trade fairs as good as in years
    Investment has gone up worldwide in infrastructure, the automotive sector, the electrical industry, regenerative energy projects and in oil and gas pipelines. And the upstream supplies industries wire, cable and pipes have substantially benefited from this development at the international No.1 trade fairs wire and Tube in Düsseldorf from 16 to 20 April 2018. Across Germany steel and metal processing counts among the ten mayor sectors of industry. These sectors are strongly characterised by SMEs, by traditional growth and innovation. But even major groups of companies are now re-aligning their operations, following digital optimisation processes and reorganising their distribution channels, both nationally and internationally.

  • 03 May 2018, 08:29.
    Third Leoni plant in Serbia goes online
    German cable and cable harness manufacturer Leoni has completed and inaugurated its third Serbian plant in Nis. Harnesses for one of the world's premium carmakers are being manufactured on a production space of 20 000m2.

  • 27 April 2018, 09:55.
    Universal solution for building wire production.
    Two in one with crosshead RX12 double use for XLPE up to LSOH by covering many typical thermoplast materials as well as high filled halogen free materials. Our universal RX12 double use extrusion crosshead serves two needs in one crosshead. Not only will you save money by buying two crossheads for your purposes, but you will also be able to process very different materials on one...
  • 26 April 2018, 08:28.
    China launches wind power lottery system to ease grid constraints
    The city of Yanan, a major wind power base in northwest Chinas Shaanxi province, has introduced a lottery system to approve the construction of wind-based generation systems during 2018. The lottery system is a local governments measure to restrict the construction of new wind-based capacities due to grid constraints. The city was given permission to build 900 MW of wind capacity during...
  • 23 April 2018, 08:45.
    Hengtong High Voltage manufactures the worlds longest length of 500kV AC XLPE submarine power cable without factory joints
    Hengtong High Voltage Submarine Cable Co. Ltd. (known as Hengtong High Voltage), a sub company of HENGTONG OPTIC-ELECTRIC, a leading manufacturer of optical fiber cable and integrated service provider for power-line communications in China, has produced the worlds longest length of 500kV AC XLPE submarine power cable without factory joints. With such a technical breakthrough, Hengtong...
  • 18 April 2018, 18:52.
    Rapid deployment system for tactical fiber optic cables
    AFL, a manufacturer of fiber optic cable and accessories, is expanding its rapid deployment ground tactical fiber optics solution to include the new Sidewinder Rapid Cable Deployment System. This system eases the deployment of tactical fiber optic cables by greatly reducing handling and set up time for portable deployment and retrieval in field conditions. The highly transportable reel system...
  • 16 April 2018, 08:49.
    Enel expands commitment with Formula E
    Enel is renewing its commitment to the ABB FIA Formula E Championship, becoming the Official Smart Charging Partner and Official Power Partner for the next five seasons of the electric street racing series. The announcement was made today by Francesco Venturini, Head of Enel X, the Enel division dedicated to innovative products and digital solutions, and by Alejandro Agag, Founder & CEO of Formula E, at a press conference held at the media centre for the CBMM Niobium Rome E-Prix presented by Mercedes EQ.

  • 11 April 2018, 18:37.
    US DoE withdraws support for Plains & Eastern Clean Energy project
    The US Department of Energy (DoE) has withdrawn from a 2016 agreement to partner in the development of Plains & Eastern Clean Energy (PECL) Project proposed by Clean Line Energy (CLE), owing to the substantial opposition being faced by the project from landowners in Arkansas. Further, the project had also failed to secure a contract from the Tennessee Valley Authority (TVA) to buy the wind energy it would transmit. TVA stated that since its commercial customers are more interested in solar power generated locally, it does not see a need for wind energy from the project.