Category : Wire & Cable News

News Wire & Cable News

Ducab posts impressive growth in overseas sales

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

April 23, 2013 Ducab has announced impressive results for 2012 during a press conference held in Dubai. Key areas of growth in 2012 included 24% higher sales to the Oil, Gas and Petrochemical sector and an increase of 42% in cable exports including a 72% increase in International markets. Ducab......

News Wire & Cable News

KEC International wins orders worth Rs. 914 crore

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

April 1, 2013 KEC International Ltd. has secured new orders worth Rs. 914 crore in its Transmission, Power Systems and Cables businesses from India and International markets. Transmission Business Americas – SAE Towers, the wholly owned subsidiary of the Company, has secured largest ever poles supply order worth Rs. 73......

News Wire & Cable News

CCI appoints Maadhav Digraskar as MD & CEO

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

Mr. Maadhav Digraskar – MD & CEO Cable Corporation of India Cable Corporation of India announced the appointment of Maadhav Digraskar as the Managing Director & CEO of the company on January 18, 2013. Maadhav Digraskar, a veteran of power industry who has been associated with the industry for more......

News Wire & Cable News

Sterlite and Tongguang joint venture in China starts production of optical fiber

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 18, 2013 Jiangsu Sterlite Tongguang Fiber Co. Ltd. (JSTFCL), the joint venture (JV) company formed between Sterlite Technologies Limited (Sterlite) and Jiangsu Tongguang Communication Co Ltd (TGCI), announced the commencement of production of optical fiber at their new facility located in Haimen, Jiangsu Province, China. The greenfield factory has......

News Wire & Cable News

Bekaert releases FY 2012 results, records consolidated sales of 3.5 billion

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 28, 2013 Overcapacity in most markets and an overall slowdown in global demand led to fierce competition and persistent price and margin pressure in 2012. The sawing wire business collapsed even further in 2012 and the measures taken to rightsize the respective activities with the new business reality substantially......

News Wire & Cable News

Lapp inaugurates production plant in China

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

January 18, 2013 Production capacities in Chinese industry continue to increase rapidly, and after a brief period of weakness, growth has now picked up again significantly in the country. This means that the demand for high quality components and system solutions for industry also continues to rise. In response to......

News Wire & Cable News

Investments at Metalube

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 25, 2013 As part of its ambitious expansion plan and commitment to quality and service, leading wire and tube drawing lubricant specialist, Metalube, has acquired almost £60,000 worth of new laboratory equipment. With a £40,000 investment, the Mettler TGA/DSC is a laboratory highlight. This cutting edge instrument carries out......

News Wire & Cable News

Nexans releases FY 2012 results, records euro 7.2 billion sales

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 7, 2013 The Nexans Board of Directors meeting on February 6, 2013 approved the Financial Statements for 2012. Net sales for 2012 totaled 7.178 billion euros compared with 6.920 billion euros in 2011. At constant non-ferrous metal prices1, the figure is 4.872 billion euros compared with 4.594 billion euros......

News Wire & Cable News

Lapp Group shows moderate growth

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 26, 2013 Characterised by the varying developments in global markets and the uncertainties in the Eurozone, the Stuttgart-based Lapp Group recorded moderate growth in the financial year 2011/2012 (1 October to 30 September). The leading provider of integrated solutions and branded products for cable and connection technology increased revenue......

News Wire & Cable News

Leoni releases FY 2012 results, records euro 3.8 billion sales

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 13, 2013 Leoni generated revenues of approx. EUR 3.8 billion in 2012 and thus exceeded the previous high of EUR 3.7 billion, posted in 2011, by about three percent. The cable specialist managed a spot landing in terms of earnings before interest and taxes (EBIT) with a figure of......