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wiredInUSA - March 2016

39

INDEX

Lubricants developer and manufacturer

Metalube is continuing its global

expansion with the opening of Metalube

Arabia, its new office in Dubai.

The new operation will be headed by Nick

Pomeroy, who has worked in the region

for the past ten years. He said: “This is

an exciting time for Metalube with the

launch of a range of new products. One

of the key areas in the region that we are

focusing on is the oil and gas industry. It

is so positive to work with an organization

that understands the importance of

having a real and physical presence in

the countries where it exports.”

Metalube manufactures a range of

non-ferrousdrawingoilsandmaintenance

lubricants, as well as a variety of corrosion

protection and forming oils, and already

has offices in China, India and Brazil.

Oiling the wheels of

export

Korea’s LS Cable & System has been

awarded contracts totaling $100 million

for undersea cable projects in the US

and Canada. The company will provide

undersea cables to the New York power

authority, and to Canada’s eastern

province of Prince Edward Island.

The average lifecycle for an undersea

cable is between 30 and 50 years, so the

company perceives huge potential in the

US, with increasing demand to replace

the country’s older power cables.

“We have a strong foothold in the Asian

market, and aim to diversify our revenue

channels, not just into North America, but

into Europe and Africa too,” an LS Cable

official said. The company recently won

a $57 million contract to supply 345kV

underground power transmission cables

to an American company.

LS Cable & System operates what is

believed to be Asia’s largest undersea

cable manufacturing facility in Gangwon

Province, where it produces power

transmission cables, undersea cables and

electrical components.

Reaching into the US

market

ASIA / AFRICA NEWS