Taihan to build 2nd submarine cable plant adjacent to its current 1 in South Korea
Taihan Cable & Solution (Taihan Cable) announced that it has signed an agreement with KG Steel at Hoban Park in Seocho-gu, Seoul, South Korea, that will provide Taihan Cable with the land it need to build a second submarine cable factory. Per an on-line report in Korea IT Times, a signing ceremony was held that […]
Ducab to double the size of its UAE plant
Ducab Metals Business has signed an agreement that will see the company more than double the size of its existing plant in the UAE’s Khalifa Economic Zone. A press release said that the 50-year lease agreement, signed by Khaled Lootah, chairman of Ducab Group, will result in Ducab Metals Business adding 51,015 sqm to its […]
Alcatel Submarine Networks is now officially a French-owned business
It took eight years, but the ownership of Alcatel Submarine Networks (ASN)—the submarine telecom cable production and installation subsidiary of Finnish equipment manufacturer Nokia—has finally been resolved, with the owner being the French government. A press release said that on Nov. 5, Antoine Armand, the French economy minister, and Marc Ferracci, the French industry minister, […]
Oman to invest in new plant
Oman Cables Industry SAOG, a cable manufacturer based at Al Rusayl Industrial City in Muscat, reports that it will make a substantial investment in its subsidiary, Oman Aluminum Processing Industries SPC (OAPIL), to establish a production facility in Suhar, the capital of Oman. A press release said that the expansion is aimed at manufacturing advanced […]
Nexans restructures its specialty industrial cable business, and gives it a new name
Nexans announced that the company has separated the business of its specialty industrial cable operations, formerly known as Nexans Industry Solutions & Projects, and renamed it Lynxeo. A press release said that the separation will provide increased clarity in the market, strengthening Lynxeo’s role as a fully integrated player, serving a diversified range of critical […]
GEON expands Mexico/USA capabilities
GEON Performance Solutions, a global supplier of performance polymer solutions, announced that it has started up a new thermoplastic elastomer (TPE) manufacturing line at its Ramos Arizpe, Coahuila, Mexico facility. A press release said that the new line will produce a range of polymer compounds, including TPE and thermoplastic vulcanizate (TPV), supporting GEON’s strategic expansion […]
Messe Düsseldorf has stake in Turkey event
The WireTech Istanbul Fair and the Tube & Steel Istanbul Fair, which were first held in 2019, and saw the participation of Messe Duesseldorf in 2023, will return in 2025 with new names: Eurasia Fair and Tube Eurasia Fair. “After deciding to work together to combine the experience and expertise in trade fair organization of […]
Direct Wire makes major investment, joins the small list of U.S. copper rod producers
Direct Wire announced that it has begun first production of copper rod at a mill commissioned in a new facility it built opposite the company’s assembly plant in Lancaster, Pennsylvania. “This facility marks a significant step forward in how we serve the copper market,” said Anthony Catoia, director of business development for Direct Wire’s Copper […]
Nexans and Continuus-Properzi enter partnership, plan major plant investment
Nexans announced that it has entered into an industrial partnership agreement with Italy’s Continuus-Properzi, a specialist in continuous casting technologies, that will build an innovative copper production and recycling plant at the Nexans site in Lens, France, for 2026. A press release said that global demand for copper is continuing to increase, as is recycling, […]
Insteel acquires Engineered Wire Products
Insteel Industries, Inc., announced that its wholly owned subsidiary, Insteel Wire Products Company, has acquired Engineered Wire Products, Inc. (EWP) for $70 million in an asset transaction subject to certain adjustments. A press release said that Liberty sold EWP, a manufacturer of welded wire reinforcement products for use in nonresidential and residential construction, with primary […]
