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12

Wire & Cable ASIA – November/December 2014

www.read-wca.com

Industry

news

INTEGER Research, UK, is staging the third

Advanced Cable Asia conference from 2

nd

to 4

th

December in Shanghai, China.

Asia’s economic situation remains robust, with

moderate growth forecast to continue in China

and India and a stable outlook across the

Southeast Asian region.

As the region’s largest economy, China makes

up a quarter of the global wire and cable

demand and continues to have the largest cable

production market in the world. On-going

projects such as the ‘West–East Electricity

Transfer’ and the expanding high-voltage power

grid network have been driving a growth in

demand for advanced power cables, while

high-end fibre optic cables are increasingly

required for the ‘12

th

Five Year’ projects like

‘Broadband China’ and IT data centre

infrastructure.

However, Integer Research has lowered its

projection for growth in Chinese wire and cable

demand slightly to 3.5 per cent year-on-year

between 2013 and 2018, which reflects the

Chinese government’s policy on market

consolidation and sustainable growth.

It is believed that the Chinese wire and cable

market will need to have a new round of market

reshuffling in the next few years in order to

clean up the overcapacity and poor quality

production.

To survive in this extremely competitive market

place, many Chinese wire and cable producers

recognise the need to implement more effective

strategies to differentiate and stand-out,

including expansion into high-skilled sectors,

stricter quality control schemes, and advanced

automation of manufacturing processes.

The South-East Asia market, as a whole, is

expected to be one of the fastest-growing

regions in the world, but the situation does vary

country by country. Indonesia, Thailand and

Malaysia are leading the way, while

opportunities are also being seen in Myanmar,

the Philippines and Singapore.

Indonesia and Thailand, in particular, have been

making large-scale investment into the

sophisticated

power

transmission

and

telecommunication network infrastructure,

which will trigger a huge demand for advanced

power cables, telecom cables and fibre optic

products.

The forecast for production from Integer

Research has indicated 6.5 per cent compound

annual growth rate in both Indonesia and

Thailand by 2018. It is vital for any cable

industry stakeholders to plan in advance for

these emerging opportunities.

More developed markets such as Japan and

South Korea are experiencing a recovery to

their pre-crisis levels. In the year 2013/2014,

Japan consumed over 700k tons of copper for

the wire and cable industry and the market

almost levelled out.

The major challenge for market players there is

to understand the fragmentation of both the

global and Asian wire and cable markets and to

maintain their leading positions in the industry.

Advanced Cable Asia 2014 conference will

provide the one-stop knowledge-sharing and

networking platform for both global and Asian

wire and cable executives to discuss the

strategies and technologies needed to succeed

in the advanced cable markets.

The dedicated streams in advanced power

cable and fibre optic sectors will identify the key

market developments and growth areas for the

wire and cable manufacturers, while uncovering

the potential opportunities and technology-

related demand for suppliers and solution

providers.

Integer Research – UK

Website

:

www.integer-research.com

Advanced Cable Asia heads

for Shanghai!

pic to come

New

national

sales

manager

Conneaut

Industries Inc has

named John

Mancinelli as its

new national

sales manager.

A global supplier

of speciality fibres

used in

applications for

wire and cable,

magnet wire,

composites and

industrial markets,

Conneaut

processes high

performance

industrial yarns,

binder yarns,

ripcords, braiding

yarns and serving

yarns. Its product

line includes

E-glass, S2 glass,

polyglass,

PTFE-coated

fibreglass,

KlassCore

®

,

DynaCore

®

,

ConnCore

®

and

others.

Mr Mancinelli, an

industrial

engineer, comes

from 15 years at

AGY, where he

was engaged as a

product engineer

and regional sales

manager.

New national

sales manager

John Mancinelli

Delegates listen intently at last year’s conference