WCA November 2012

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Industrynews
11 Wire & Cable ASIA – November/December 2012
GCR Eurodraw has completed and commissioned a plant for the production of
9,000 tons per year of saw wire at Sichuan Ruiyu Photovoltaic Materials Co Ltd,
in Sichuan Province, a company of ReneSola Group.
ReneSola is a leading manufacturer of solar wafers and provider of solar module
OEM services. Its solar products include virgin polysilicon, monocrystalline and
multicrystalline solar ingots and wafers, photovoltaic (PV) cells and modules.
Innovative technologies, a reputation for quality and reliability, and expanded
operational capabilities have helped the company develop a diversified customer
base of leading solar companies while allowing capture of new growth
opportunities.
Concurrently, ReneSola has developed new G6 multicrystalline furnaces based
on G5 ones, which further improves the production capacity of the silicon wafers.
GCR designs and manufactures machines and equipment, processing lines as
well as complete plants for the steel wire industry including ‘turnkey’ projects, all
related to the cold process, that is downstream of the hot rolling mills.
As well as covering dry and wet drawing, coating lines, stranding and cabling,
GCR Eurodraw can provide technical and technological services, know-how and
manufacturing technology, training of personnel, supervision of installation and
start-up and technical assistance services.
GCR Eurodraw SpA – Italy Website:
ReneSola Saw wire plant is
commissioned in China
Nexans buys
Shandong Yanggu
Nexans, a worldwide leading
expert in the cable industry, has
bought a 75 per cent stake in the
Shandong Yanggu New Rihui
joint-venture, alongside its
historical shareholder.
This acquisition gives Nexans a
strategic footprint in the rapidly
growing Chinese Energy
Infrastructure market.
The transaction values the
business (100 per cent basis) at
approximately 1,240 million RMB
(approximately €156 million) on an
Enterprise Value basis.
Nexans – France
Website: