WCA July 2013

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12 Wire & Cable ASIA – July/August 2013
Shenzhen Woer Heat-Shrinkable Material Co Ltd is to buy
the Asian consumer electronics assets of American cable
maker Belden Inc. The acquisition of Belden’s Hong
Kong-based LTK International subsidiary will give
Shenzhen Woer substantial additional manufacturing
capacity in China.
It is also designed, company officials said, to expand its
presence in the electronics industry and speed
development of environmentally orientated cross-linked
materials.
Woer products include cross-linked polyethylene wires,
heat shrinkable tubing and materials, poly-tetrafluoroeth-
ylene tubing and EPDM elastomer tubing.
“Through this acquisition, Woer aims not only to develop
its electronics business but also give LTK the ability to
share and capitalise on the resources of both Woer and
LTK,” LTK said in a January letter to customers. “This
strategic alliance will allow both parties to stay ahead of
their competitors and offer new attention-getting and
leading products in electronic cable as well as
environmentally friendly cross-linked materials.”
Belden bought LTK in 2007 for $195 million. At the time,
Belden said LTK had 2006 annual sales of about $220
million. Belden says the Woer deal involves only a part of
the original LTK purchase in 2007.
LTK has four manufacturing plants in China and makes
products such as PVC and TPE jacketed cables for data,
transmission and automotive applications.
Shenzhen Woer Heat-Shrinkable Material Co Ltd –
China
Website:
Chinese cable maker
buys Asian assets
New launch in Kunduz province
Work has begun on a major optic fibre line from Kunduz
to Badakhshan and Takhar, in Afghanistan.
Minister of telecommunication and information
technology, Amirzai Sangin, said the optic fibre line is
being built at a total cost of $6.1million, with financial
support from the World Bank.
The network will deliver greater connectivity to
Afghanistan’s neighbouring countries and the world,
Amirzai Sangin added, describing Afghanistan as a
pioneer in telecommunications in the region.
Kunduz officials are welcoming the potential for standard
telecommunication services in the province.
“Kunduz is a boundary province, which shares a border
with Tajikistan. We should try to have as developed a
country as our neighbours,” said Kunduz governor
Mohammad Anwar Jigdalak.
Afghanistan’s fibre optic network could ultimately cost in
the region of $60 million, and will earn the government $5
million per month when complete.