16
Wire & Cable ASIA – March/April 2013
www.read-wca.comHu An Cable Holdings Ltd, one of
the top 10 wire and cable
manufacturers in China, has won
RMB105.6 million worth of contracts
from
China’s
top-five
power
generation company, China Power
Investment Corporation.
These new contracts, signed under
the group’s wholly-owned subsidiary,
Wuxi Hu An Wire And Cable Co Ltd,
comprise the delivery of various
power cables to 25 wind, solar and
hydroelectric power plants across
China, such as the 20MWp grid-
connected photovoltaic power plant
in Shanshan, Xinjiang and the 30
th
wind farm project in Changling, Jilin.
Commenting on the contract wins,
Mr Dai Zhixiang, executive chairman
and CEO of Hu An Cable, said: “Our
high success rate of bids once again
proves our technology advantages,
quality
assurance
and
brand
recognition among our customers.
We expect to benefit from the
Chinese government’s continuous
and reinforced commitment to
renewable energy.”
The Chinese central government
planned to spend RMB170 billion in
FY2012
to
promote
energy
conservation, emission reductions
and renewable energy in its latest
statement by the Ministry of Finance.
China is the world’s biggest emitter
of carbon dioxide (CO
2
) and is
reported by the International Energy
Agency (IEA) to have reached its
highest ever-recorded level in CO
2
emissions in 2011.
China targets to cut its greenhouse
gas emissions by 40-45% in 2020
compared to levels in 2003, and aims
to boost its use of renewable energy
to
15%
of
overall
energy
consumption.
Hu An Cable – China
Website
:
www.chinahuancable.comHu An Cable lands RMB105.6 million worth of contracts
CMI to supply cold
rolling mill to Tezcan
CMI FPE Ltd, one of CMI Industry’s
Indian subsidiaries, has entered into
a new agreement with Tezcan
Galvaniz AS, Turkey, for the design,
manufacture and supply of a 6 Hi
reversing cold rolling mill.
This is the second 6 Hi mill of CMI
FPE in Turkey.
The mill has a total capacity of
350,000 tons per year. It is suitable
for 1,350mm wide coils and
1,400mpm process speed.
The mill will be equipped with Level2
automation and automatic flatness
control system and will be
commissioned within 17 months.
Jean Gourp, managing director of
CMI FPE Ltd: “This second contract
for 6 Hi mill in Turkey establishes the
acceptance by the Turkish market of
the reliability and quality of cold
rolled steel CMI FPE mills can offer.
“This is also the beginning of an
excellent
business
relationship
between CMI & Tezcan.”
CMI FPE – Belgium
Website
:
www.cmigroupe.com