Taihan to build 2nd submarine cable plant adjacent to its current 1 in South Korea
Taihan Cable & Solution signed a land agreement with KG Steel at Hoban Park in Seocho-gu, Seoul. This deal secures a site for a second submarine cable factory and supports Taihan Cable’s global growth plans. Taihan Cable land deal and investment Leaders from both groups attended the signing ceremony. Taihan Vice Chairman Song Jong-min and President Park Sung-hee […]
Ducab to double the size of its UAE plant
Ducab Metals Business (DMB) plans to more than double the size of its manufacturing plant in the UAE’s Khalifa Economic Zones Abu Dhabi (KEZAD). This move strengthens DMB’s role as a leading regional producer of copper and aluminum industrial products. Ducab Metals Business KEZAD expansion Under a 50-year lease signed by Ducab Group chairman Khaled Lootah, […]
Alcatel Submarine Networks is now officially a French-owned business
After eight years of uncertainty, the French state acquisition of Alcatel Submarine Networks (ASN)—the submarine telecom cable subsidiary of Finnish group Nokia—gives the French government majority control of this strategic subsea cable company. French state deal for Alcatel Submarine Networks On Nov. 5, French economy minister Antoine Armand and industry minister Marc Ferracci signed an agreement to acquire […]
Oman to invest in new plant
Oman Cables Industry SAOG, based in Al Rusayl Industrial City in Muscat, plans a major Oman Cables OAPIL Suhar investment to build a new production facility in Suhar, Oman’s industrial capital. This move strengthens the group’s position in advanced power transmission solutions. Oman Cables will fund OAPIL’s new Suhar facility to manufacture advanced composite core conductors, which […]
Nexans restructures its specialty industrial cable business, and gives it a new name
Nexans has officially rebranded its specialty industrial cable operations under the new name Lynxeo, marking a significant milestone in its corporate evolution. The move separates the division previously known as Nexans Industry Solutions & Projects into an independent entity with a sharper market identity and stronger operational focus.Visit Nexans’ official website to learn more about the company’s innovation strategy. Through this […]