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EuroWire – March 2009

11

english corporate news

UK and Spanish

companies in

casting merger

The Spanish company Hormesa, based

in Madrid, has merged with Conticast

of the UK. The Hormesa–Conticast

group will produce continuous

casting plants, including continuous

horizontal

casting

and

vertical

upwards continuous casting (VUCC)

machines in three versions: gas,

induction and graphite technology,

with capacities in production ranging

from 1,000 to 10,000 tons per year.

The VUCC systems are used to

produce oxygen-free copper rod as

well as many different alloys, such as

brass, bronze and CuMg. The group

can also supply accessories for casting

plants and further processes.

Hormesa Group – Spain

Fax

: +34 91 884 4382

Email

:

hormesa@hormesa.com

Website

:

www.hormesa.com

Conticast – UK

Website

:

www.conticast.com

Nexans held a grand opening ceremony

on 20

th

November 2008 to mark the

official launch of production at its

Ouglich plant in Yaroslavl Oblast, Russian

Federation. The new plant is Nexans’ first

manufacturing facility in Russia, and

represents the first major investment by

a non-Russian cable manufacturer in the

country.

180 jobs have been created in the

Yaroslav region with the opening of

the plant, with many of the operators

attending training courses in other

factories of the Nexans group. The plant

addresses building and infrastructure

markets in Russia and other CIS

(Commonwealth of Independent States)

countries.

Initially, Nexans in Ouglich will primarily

manufacture low and medium voltage

power cables for underground and aerial

applications. However, the new plant

will also offer advanced halogen-free

and security cable solutions to take

advantage of the rapid expansion of

the Russian building and infrastructure

market.

At the opening, Gérard Hauser, chairman

and CEO of Nexans, said: “We strongly

believe that Russia offers great potential

for growth. For Nexans especially, it

offers a promising long-term market.

The rhythm of development of this

country and its requirements for energy

infrastructures offers huge opportunities

for a worldwide industrial group like

Nexans.”

Nexans has operated in the Russian

market for more than a decade, with

involvement in large-scale national

projects. Nexans cables have been

installed at Zhiguli hydropower plant, on

the offshore oil platform of Prirazlomnoe,

as well as at the Baikonur space launch

pad. The first important high voltage

underground cable projects rated up

to 500 kV in Moscow and St Petersburg

were accomplished due to the major

contribution made by Nexans cables and

cable laying technology.

Nexans – France

Fax

: +33 15669 8484

Email

:

nexans.web@nexans.com

Website

:

www.nexans.com

Nexans opens its first plant in Russia