Industry
news
Wire & Cable ASIA – January/February 2011
12
General Cable acquires
BICC Egypt
General Cable Corporation has
acquired BICC Egypt. BICC Egypt
manufactures a wide variety of wire
and cable products for the electrical
markets including low voltage insulated
power and control cables, building
wire, instrumentation cable, halogen
free power and control cables, and
overhead power cables. In the last
twelve months, the business reported
revenues of approximately $30 million.
The acquisition of BICC Egypt furthers
General Cable’s geographic expansion
by establishing a production and
commercial base in the region. The
company believes the demand for wire
and cable products in Egypt will
continue to grow faster than many
other nations due to increasing
investment in infrastructure and power
generation projects. Egypt continues
to invest heavily in large-scale
transport,
construction,
power
generation, and transmission and
distribution infrastructure.
General Cable Corporation – USA
:
info@generalcable.comWebsite
:
www.generalcable.comTeknor Apex to distribute
COIM compounds
The Italian chemical company COIM SpA has appointed Teknor Apex Company
to be its exclusive distributor of Laripur™ thermoplastic polyurethane (TPU)
elastomer compounds to wire and cable manufacturers in the USA, Canada and
Mexico. Teknor Apex’s Vinyl Division will supply the Laripur materials.
“We are very pleased to engage in a strategic co-operation with a high-value
partner like Teknor Apex,” said COIM’s Antonio Piroddi, division manager for
Laripur TPU. “Their technical and commercial capabilities combined with COIM’s
TPU expertise and broad product offering provides a valuable new resource for
wire and cable customers in North America.”
Teknor Apex vice president, Louis R Cappucci, noted: “TPUs are particularly
valuable for withstanding rugged end-use conditions because of their resistance
to abrasion, chemicals, microbial attack, and hydrolysis, as well as flexibility at
low temperatures.”
Laripur compounds are available in grades ranging in hardness from 60 Shore A
to 75 Shore D. As elastomers they are inherently flexible and contain no
plasticisers, except as required for certain specialised formulations. Typical
applications include cables for automotive sensor and antilock brake systems
and for mining, seismic monitoring and oil exploration.
Teknor Apex Company – USA
:
vinyl@teknorapex.comWebsite
:
www.teknorapex.comCOIM SpA – Italy
Website
:
www.coimgroup.comSharing expertise at international conference
AMEinfo.com reported that a delegation from Emirates Steel was among the participants sharing their expertise at a
specialised iron and steel conference in Italy during October 2010. The conference, hosted by Danieli, focused on the latest
achievements and developments in both long and flat products.
Highlighting the importance of the event, HE Hussain J Al
Nowais, chairman of General Holding Company (GHC),
Emirates Steel’s parent company, said Emirates Steel has
achieved its business goal to be an efficient and competitive
producer of finished steel products. He added that “since the
establishment of Emirates Steel four years ago, our goal has
been to achieve a sustainable competitive advantage by
delivering benefits that exceed those of competing products
and creating superior value for our customers. By utilizing
our resources and capabilities to the fullest, we have been
able to create a series of competitive advantages in cost,
production and environmental protection.”
Mr Al Nowais, who headed the Emirates Steel delegation to
the conference, pointed out that “the objective of our
participation is to get acquainted with the latest technologies
in the field in order for us to further improve our product
quality and performance.” Addressing the conference,
Engineer Ahmed S Al Dhaheri, Emirates Steel’s vice president
of projects, highlighted the various phases of Emirates Steel’s development and explained that by the end of 2013,
Emirates steel is anticipated to reach a capacity of 6 million MTPA, placing it amongst the largest producers of steel in the
Middle East region.
Emirates Steel controls approximately 45% of the rebar and wire rod market in the UAE. Its main objective is to play a major
role in advancing the industrial sector in the Emirate of Abu Dhabi whilst providing extensive work opportunities to
UAE nationals.
Emirates Steel Industries – United Arab Emirates
Website
:
www.esi-steel.comMembers of the Emirates Steel delegation with the conference
m
m
organisers