Background Image
Previous Page  12 / 80 Next Page
Basic version Information
Show Menu
Previous Page 12 / 80 Next Page
Page Background

Industry

news

Wire & Cable ASIA – January/February 2012

10

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

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

services directly to consumers.

“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

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

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 – Saudi Arabia

Fax

: +966 012 037 738

Email

:

info@sipchem.com

Website

:

www.sipchem.com

High speed broadband

online via fibre optics

Polymer compounding plant

is a step nearer