Westlake moves to streamline U.S. feedstock operations
Westlake Corporation plans to shut several U.S. PVC, VCM, and chloralkali plants in response to weak market conditions and excess capacity. The move targets higher-cost assets while maintaining customer supply and reflects broader industry efforts to rebalance wire and cable feedstock markets.
Italy’s Tratos supplies superconducting cables to CERN for Hadron Collider
Italy’s Tratos has delivered advanced magnesium diboride superconducting cables to CERN for the High-Luminosity Large Hadron Collider upgrade. The project combines industrial expertise and scientific research to enable higher currents, improved efficiency, and increased collider performance for future particle physics discoveries.
Marmon Fastener Vietnam production hub
Marmon Fastener Company has leased a ready-built factory at BW Nhon Trach 1 Industrial Park in Dong Nai, Vietnam, creating its first production base in the country. The plant will produce screws and fasteners for North America, shortening ramp-up time and reinforcing Marmon’s global, cost-effective and resilient supply chain footprint.
Reel Power acquired by StoneTree Investment Partners
StoneTree Investment Partners has acquired Reel Power International, including its Oklahoma City headquarters and manufacturing facility and its Houston‑based Marine & Energy business. Reel Power plans to leverage the new ownership to invest in technologies that enhance safety, efficiency and reliability for wire and cable handling and offshore energy customers.
Canada imposes 25% global tariff on steel-derivative products to protect its industry
Canada introduced a 25% global tariff on specified steel‑derivative products, including some steel wire from the U.S., effective December 26, 2025. The measure targets overcapacity and dumping, and interacts with a separate 25% U.S.-origin surtax, making correct HS‑code classification critical for importers of fasteners and steel wire.