WCA January 2012

Industry news

High speed broadband online via fibre optics

services directly to consumers.

a high demand market segment.” Mr Lai said P1 will leverage on TM’s HSBB network in rolling out its services. The could include Internet Protocol Television (IPTV), video-on-demand and other rich multimedia services. Under the agreement, TM’s group chief executive officer Datuk Seri Zamzamzairani Mohd Isa said TM will be providing the HSBB access and transmission services to P1. He said the partnership reiterated TM’s commitment to boost the HSBB eco-system locally by getting service providers to come on board and roll-out their differentiated value-added

Packet One Networks (Malaysia) Sdn Bhd (P1) plans to offer its customers high speed broadband (HSBB) services via fibre optics in the first quarter of 2012. The move follows the signing of a partnership between P1 and Telekom Malaysia Bhd (TM) to accelerate the delivery of HSBB services. At a press conference, P1’s chief executive officer Michael Lai said the company expected the HSBB services roll-out to “contribute positively to the bottom line.” He added: “There will be a higher revenue per user (RPU) as the HSBB is

“TM’s partnership with P1 not only reflects TM’s intent to work with the industry but further strengthen our position as a neutral wholesale service provider,” Zamzamzairani said. TM has already rolled out the HSBB service to over 1.044 million premises in 77 exchange areas nationwide. It is on track to meet the targeted 1.3 million premises passed by end of the year. Packet One Networks – Malaysia Email : info@p1.com.my Website : www.p1.com.my

Polymer compounding plant is a step nearer

South Korea, and is expected to commence operation in the third quarter of 2013. The major feedstock for the plant will be sourced from the International Polymers Company, a Sipchem affiliate. Eng Abdulrahman A Al-Saif, Sipchem’s president of project and services, declared that the award of the contract is an important step in Sipchem’s expansion and development programme, affirming the capabilities of the company’s management and its continued endeavours to acquire the best possible technical and financial offers for this project. He also added that the power cables insulation materials have a wide usage in the region. Hanwha Chemical stated that this step is one of the important milestones of the project which would create great synergy with Hanwha’s existing wire and cable compounding business and also represents Hanwha’s strong commitment to the Middle East region as an essential part of its globalisation process.

Saudi International Petrochemical Company (Sipchem) and Hanwha Chemical Corporation have announced that their affiliate, Gulf Advanced Cable Insulation Company, has awarded the engineering design, procurement and construction (LSTK) contract for its wire and cable polymers compounding plant to POSCO Engineering Co, South Korea. The new plant will produce power cable insulation materials at Sipchem’s site in Jubail Industrial City, and is part of Sipchem’s third phase expansion downstream programme. Gulf Advanced Cable Insulation Company will be owned 50% by Sipchem and 50% by Hanwha Chemical of

Saudi International Petrochemical Company – Saudi Arabia Fax : +966 012 037 738 Email : info@sipchem.com Website : www.sipchem.com

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Wire & Cable ASIA – January/February 2012

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