Wire and Cable Industry News - Wire & Cable India
Wire & Cable India

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News

A Minimum Import Price for Aluminum May be on Card

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The mines ministry may shortly decide on the merits of levying a minimum import price (MIP) on aluminum products to safeguard the local industry from a surge in cheap inbound shipments. December 27, 2016 After steel, the mines ministry may favor MIP to protect local industry from a flurry of......
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Shilpi Cable Technologies Ltd. Acquires Gulf Aglow LED Lighting

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The acquisition will add global brands to portfolio and is expected to be completed within three months subject to necessary regulatory approvals. January 4, 2017 Shilpi Cable Technologies Ltd, one of the leading manufacturers of cables, wires, and accessories primarily for telecom, automobile, consumer durables, and power sectors, has acquired......
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Sterlite Power Seeks SEBI’s Nod to Raise Funds Through Investment Trust

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Sterlite Power Transmission is likely to be one of the first companies to raise capital through InvITs. December 5, 2016 According to reports, Sterlite Power Transmission seeks approval from the market regulator Securities and Exchange Board of India (Sebi) to raise funds through an Infrastructure Investment Trust (InvITs). The trust,......
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PVC-free MOTIONLINE® HALEX Automation Cables by Nexans

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Nexans has launched a range of halogen-free flexible automation cables for industrial applications which would be an alternative for PUR cables. November 22, 2016 The new MOTIONLINE® HALEX cable series by Nexans is an alternative that not only is flexible, robust, drag-chain-capable and flame-retardant, but also entails low additional costs......
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Dow Corning Launches New Silicone Masterbatch for Wire and Cable Applications

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The MB25-502 masterbatch is designed to optimize the processability of highly mineral-filled polyethylene (PE) compounds by reducing screw torque by as much as 30 percent. December 23, 2016 Dow Corning has launched new MB25-502 Masterbatch which is the first in the industry to combine best-in-class processing with an affordable cost.......
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The North Sea Link Project Bags Credit Facility Worth USD 519 Million for Building World’s Longest Submarine Interconnector

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It is the largest deal ever struck in the submarine sector in Europe with coverage from an export credit agency. The total value of the project is around EUR 2 billion which involves the construction of a subsea interconnector between the United Kingdom and Norway. December 16, 2016 The financing......
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Superior Essex Inc. and Furukawa Electric Co., Ltd. Announce Intent to Form European Joint Venture

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This endeavor combines Essex Magnet Wire’s European sales force and manufacturing operations and Furukawa Electric’s relevant technology, which Furukawa Electric will license to the joint venture. November 24, 2016 Essex Magnet Wire, a division of Superior Essex Inc., and Furukawa Electric Co., Ltd. (“Furukawa Electric”) announced their intent to form......
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Wire and Cable Manufacturers Raise Product Prices by 10 Percent in Two Weeks

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Copper, the major raw material of the industry hit the recent high of USD 5,900 per tonne on the LME. December 8, 2016 Wire and cable manufacturers have raised their products’ prices by over 10 percent in the last two weeks as the demand lowered by over 25 to 30......
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Sterlite Technologies Limited Bags Two Awards for Optical Fiber Manufacturing at IMEA 2016

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Sterlite Tech’s fully integrated optical fiber plants at Waluj, Aurangabad becomes India’s first unit to win Frost & Sullivan Gold Award in process sector for optical fiber. December 16, 2016 With a strong portfolio of over 125 patents, Sterlite Tech is home to India’s only Centre of Excellence for broadband......
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ROBI: High Speed and Low-tension Cross Binder for Single and Dual-end Yarns

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Rosendahl has developed low-tension cross binder with up to 4500 rpm for producing a well-shaped product and continuous production lengths even with large bobbins. December 26, 2016 The high speed cross binder, the ROBI is developed by Rosendahl for SZ-stranded fiber optic cable elements. With a speed of 4500 rpm......
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