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Industry
news
Wire & Cable ASIA – March/April 2011
25
Nexans has completed a €9m
contract for Hyundai Engineering
and Construction to supply power
and communication cables feat-
uring advanced, environmentally
friendly insulation technology for
GASCO’s Habshan 5 Utilities and
Offsites project in Abu Dhabi.
Around 345km of Nexans Medium
Voltage (MV) and high voltage (HV)
and
communications
cables
featuring either HFFR or HYPRON
®
insulation have been installed.
The integrated gas development
project at Habshan will have four
gas processing trains with total
processing capacity of 2,000
million cubic feet per day. After
commissioning of these facilities,
the new Habshan 5 complex will
produce 900 million cubic feet of
sales gas, 12,000 tonnes per day
of natural gas liquids and 5,000
tonnes per day of liquid sulphur.
Nexans – France
:
info@nexans.comWebsite
:
www.nexans.comRamsarup Industries, the wire and TMT bar manufacturer, is going for corporate
debt restructuring (CDR) to attract private equity investment.
The company currently has Rs1,800 crore debt in its books, out of which 95%
has been put under the CDR mechanism.
The Calcutta-based company plans to become a completely integrated player in
the steel sector in the next year and is currently building a steel plant at
Kharagpur in West Bengal.
Ramsarup Industries – India Fax
: +91 33 2242 1888
:
wire@ramsarup.comWebsite
:
www.ramsarup.com€9m contract
for Nexans
Debt restructure in a bid to lure private equity
Two Davis-Standard employees have
died following a light plane crash near
Midlothian, Texas, USA.
Long-time employee Stephen Vannais
and valued sales representative James
Polewchak died in the 5
th
January
crash.
Mr Vannais was a veteran of the wire
and cable industry for over 36 years –
16 of those at Davis-Standard where
he operated out of his home office in
Mooresville, North Carolina. He is
survived by his wife, Beth, and his son,
Eric.
Mr Polewchak was the president of
JP Industrial Technologies, Inc, located
in Midlothian, Texas. He is survived by
his wife, Kelly.
Davis-Standard LLC – USA
Fax
: +1 860 599 6258
:
info@davis-standard.comWebsite
:
www.davis-standard.comCompany mourns
employees after light
plane crash