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Category : Industry Trends

Headlines Industry Trends

Aksh Optifibre: On an OFC Capacity Expansion Drive

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Besides being ready to acquire a 100 percent stake in Unitape Mandovi Composites Private Limited, an FRP rods manufacturer, Aksh also has earmarked a capex of Rs. 950 million to enhance its optic fibre production capacity by 100 percent, OFC by 50 per cent and FRP by 200 percent. While......
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Middle East Cable Market: Tapping the Arab Spring

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The Arab Spring, international events such as Expo 2020 & FIFA 2022, and an upswing in the infrastructure investment may catapult the Middle East wire and cable market on high growth plane, analyses Mr. Andrew Shaw. In the keynote session at a wire and cable event in Abu Dhabi, themed......
Industry Trends

Sterlite conductors used in the 1st 500kV transmission line to connect Sweden & Finland

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An electric power system consists of generation, transmission and distribution of electric energy. Transmission lines are used to transmit electric power to distant large load centers. Over the past few decades, the rapid growth of electric power systems has resulted in an increase in the number of lines in operation......
Industry Trends

Oil Spill: Olefins Take The Blow

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Cable Insulation Compounds Maintains in GCC on Account of Demand *Issam Siddique No petrochemical company will be comfortable with the current business environment. With oil headed for the gutters, there is mounting pressure on the prices. Customers are looking for deep discounts citing the falling oil. Olefins and aromatics are......
Industry Trends

Turkish Cable Market – Good Opportunities, Challenging Conditions

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During the 8th Wire and Cable Conference 2014 held at InterContinental Istanbul, Turkey, in June, Mr. Hans Hoegstedt, CEO, Prysmian Group Turkey presented an overview of the growth of the Turkish cable market including the macroeconomic and exchange rate issues faced in Turkey. In addition, some insights were given into......
Headlines Industry Trends

High demand for electricity China and India require large amounts of cables

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India and China are huge markets. Both countries have one thing in common: They have an increasing need for electricity and therefore also cables.     China The economic development of the PRC has slowed. Nevertheless, for this year a GDP increase of about 7.5% is expected. In the spring......
Headlines Industry Trends

Global Cable Market Grew by 3% in 2013

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CRU’s assessment of the insulated wire and cable and fibre optic cable markets in 2013 reveals that metallic wire and cable consumption in 2013 was 3.1 per cent higher than that in 2012. Optical cable consumption was up by 3.6 per cent. The metallic cable percentage is based on the......
Headlines Industry Trends

The Middle East Story: Changes in Power Cable Industry

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Issam Siddique* The cable industry in the Middle East is set for interesting times. The thrust provided by Government backed infrastructure spending has set into motion a direct push for power cables and allied raw materials. The new found infusion mainly from local demand is causing cable manufacturers, especially power......
Headlines Industry Trends

Steelmakers to go ahead with expansion

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Two of India’s largest steelmakers, Steel Authority of India Ltd (SAIL) and Tata Steel Ltd, are moving ahead with capacity expansion although demand is weak and pricing remains subdued. SAIL has started to conceptualize its new mega steel expansion for the next decade, even as its ongoing expansion remains incomplete,......
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