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wiredInUSA - March 2016
39
INDEXLubricants 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