OVERVIEW July 22 2019 Issue Flipbook Edition

July 22, 2019 Volume 22, Issue 1 INSIDE THIS ISSUE LEONI Plans Stock Market Listing or Sale LS Cable & System: Contract & Investment.....2 of its Wire & Cable Solutions (WCS) Division Improving HVDC Cable Systems......................2 Essex Magnet Wire Wins DENSO Award......... 3 In the context of its previously announced VALUE 21 program, LEONI AG, LEONI Offers Robot Solution..............................4 Nürmberg, Germany, has reviewed its existing group structure and strategy for Southwire on Forbes List of Best Employers....4 each division. This included a review of the optimal future ownership structure Superior Essex: New Hybrid Cable..................5 New Ruggedized Cables from NWI.................5 of its Wire & Cable Solutions (WCS) and Wiring Systems Prysmian Launches HVDC Cable.....................6 Division (WSD). LEONI is now preparing a stock market NKT Wins High-Voltage Cable Orders.............6 listing or sale of the WCS division including the option of a partial sale. LEONI’s JDR & Taya Sign MOU for Energy Projects.......6 Board sees only very limited synergies between the divisions and intends to WCISA® Scholarships: July 31 Deadline.......... 7 increase their operational independence. In this context, corporate support func- New Products from Champlain & Fujikura..... 7 tions will transfer from the holding company to the divisions. WCS increasingly Conference Calls & Webcasts.......................... 7 focuses on advanced and intelligent cable solutions and services and WSD CRU World Optical Fiber & Cable.....................8 further enhances its energy and data solutions and services related capabilities. Against this background, LEONI is preparing a separation of its WCS division Presented by: via a stock market listing or sale. With the focus on WSD, LEONI expects to be in a better position to focus on & operational improvements and continue to build on its leading position in au- tomotive wiring systems. LEONI would also be able to concentrate resources on Initial Publications, Inc. transition of the company towards a global solutions provider for the automotive 1741 Akron Peninsula Rd, sector and aims to capture emerging opportunities on the energy and data Akron, OH 44313 USA side. With its focus on WSD, LEONI is on the way to sell not only products, but increasingly provide services in engineering, architectural design and simula- Tl: +1 330 864 2122 • Fx: +1 330 864 5298 e-mail: [email protected] tion. WCS expects to emerge as a leading provider of engineered cables and Chip Lippincott Publisher interconnect solutions with a strong position to further develop its long-term Mike McNulty VP & Editor growth potential. www.leoni.com Jim Masar Senior Editor Tom Hutchinson Global Sales Manager Wire & Cable Verona Italia: Presentations, Exhibits & Tours Mike Dies Sales Representative Produced by ACIMAF in Italy and the Wire Association International (WAI), Inc. in the USA, Wire & Cable Verona Italia, will take place October 21 to 22, 2019 at the Palazzo della Gran Guardia, Verona, Italy (near Milan and Ven- ice). A “Technical Conference of Collaboration & Innovation”, this event will include technical presentations, table-top Subscribe @ www.wiretech.com/overview.asp exhibits and tours. The technical program lineup is online, and it features 22 presentations dedicated to ferrous and nonferrous topics, which will address the most critical issues in global wire and cable manufacturing. Attendees will meet peers from Italian wire and cable companies and other foreign delegates to discuss the latest industry trends in technical innovation. There will also be 40 table top exhibits, creating a seamless networking break. Two plant tours are offered to Acciaierie di Verona (Pittini Group), which hosts a new steel wire rod mill, and to electric cable and wire manufacturer, Mondini Cavi. Wire & Cable Verona Italy is supported by several trade partners, industry associations and media outlets. Registration is open with savings until October 7. www.wirecable19.com Wire & Cable Stock Indexes % CHANGE % CHANGE since last issue YTD 2018 OVERVIEW 40 3161 +1.4 +16.8 Performance Elastomers +1.7 +17.8 CPE, CSM, CR, FKM, HNBR, EPDM OVERVIEW Electrical 2485 -0.9 +11.6 +1.2 +10.9 (330) 653-8341 OVERVIEW Communications 666 www.liandacorp.com OVERVIEW Steel 314 • All data are from prices listed on the market on July 15, 2019. Page 1

BUSINESS & MARKET REPORT July 22, 2019 Hitachi Cable America: layer, multi-durometer designs. = Notebook HPMS Facility Expansion and In the machining and fabrication Operational Improvements center in Ashaway, RI, USA, HPMS LS Cable & System Wins has added a large-scale painting Submarine Cable Contract in High Performance Medical Solu- booth, new high-speed optical in- Taiwan; Investment at LSCV tions (HPMS), a division of Hitachi spection and a pulsed MIG system LS Cable & System (LS C&S), Cable America Inc., Manchester, and multi-process TIG Welder to Seoul, Korea, announced that NH, USA, has expanded its Rhode increase welding speeds with im- it was awarded a submarine Island and Connecticut operations. proved weld quality, critical to cus- power grid construction project tomers’ next-generation products. in Taiwan. LS C&S entered a Since the contract with Ørsted, Denmark’s acquisition www.hca.hitachi-cable.com national energy company, for of HTP-MEDS (now HPMS) in early which it will be supplying sub- 2016, Hitachi has instituted changes marine cables to the Changhua to streamline program develop- Taoufiq Boussaid joins Province offshore wind farm ment and accelerate the prototyp- Bekaert as CFO; New complex located in western Tai- leadership team complete wan until 2021. This is the largest ing to production launch cycle. of offshore wind farm complexes scheduled to be built by 2025. HPMS has increased staffing by Taoufiq Boussaid has joined Also, LS Cable & System Asia Ltd. will make a US$3.4 million 60% to serve customers in the surgi- Bekaert as Chief Financial Officer facility investment for medi- um-voltage cable at LS Cable cal, optical furcation, catheter and (CFO), where he suc- & System Vietnam Co., Ltd. (LSCV), Ho Chi Minh City, Viet- endoscopy business segments. ceeds Frank Vromant, nam. With this investment, the annual production capacity of Oeqpueipr amt ieonnt afol lryv,eirttichaal sani ndchProerreaiszssoerned-leaswienht eor itmooikn on the role of CFO adPress - Investors LSCV will be increased by 29%. November last year.Katelijn Bohez This represents about 48% of the entire Vietnamese MV Cable T +32 56 76 66 10 market valued at US$250 million tal braiding, pad printing, punching,10 July 2019 – 8:00 a.m. CBEToussaid will be a member ofwww.bekaert.com the per year. LS Cable expects over 10% growth in Vietnam’s power drilling, trimming, RF forming, mold- Bekaert Group Executive. cable market. ing and copper cable assTeaomufbiqlBy.oussaidTaapopouinfitqed CsFtaOrotef Bdekianertinternational www.lscable.com Extrusion lines have been adBdekeadert’fsonrew lefaindearsnhipceteamwciothmplaete10-year period as Specializing in Equipment for the Wire & Cable Industry. tighter tolerance controls and multi- Audit Manager with Ernst & YoungTaoufiq Boussaid will join Bekaert as Chief Financial Officer on 15 July 2019. He will succeed Frank • Appraisers • Auctions Vromant who took on the role of CFO ad interim in November last year. Taoufiq Boussaid will be a member of the Bekaert Group Executive. • Individual Pieces or Entire Plants +1.401.943.3777: phone Europacable & ENTSO-E: Recommendations Taoufiq started his career in international finance with an initial 10-year period as Audit Manager with Ernst +1.401.943.3670: fax & Young in France and The Coca-Cola Company in the USA. From 2004 to 2007, he held several finance roles with United Technologies Corporation, first as Corporate Controller EMEA and subsequently as CFO e-mail: [email protected] to Improve HVDC Cable Systems Reliabilityfor their Carrier Heating Systems business in Europe. In 2007, Taoufiq joined Bombardier Transportation, Page 2 where he progressively moved up through the finance organization in different geographies to his most recent position of Vice President Finance for EMEA and Asia Pacific. He has also held operational ENTSO-E and Europacableresponsibilities, running the French and North African businesses of Bombardier Transportation. have published joint recom-Bekaert recently announced important organizational and leadership changes to sharpen a customer- centric organization focus and revitalize Bekaert’s business performance. The new leadership team is mendations on how to furthercomposed of experienced Bekaert executives and externally recruited top managers. Arnaud Lesschaeve joined Bekaert on 1 June 2019 as Divisional CEO Rubber Reinforcement. Juan Carlos Alonso joined on improve HVDC cable systems1 July 2019 as Chief Strategy Officer. The appointment of Taoufiq Boussaid as CFO completes the new leadership team. reliability. Well-interconnectedMatthew Taylor, CEO, comments: “I'm very excited to announce the final appointments to our leadership electricity grids are vital forteam. They will bring a wealth of business and international experience to the Bekaert Group Executive and the respective teams. I look forward to working with the new leadership team and driving our business Europe to become a sustain-forward on the positive improvement path that we set out in our strategy. I am grateful for the career-long contributions of Frank Vromant to the company and as a member of my leadership team. Frank will remain able and climate-neutral carboonnboard until his retirement later this year.” economy by 2050 in compliance Copyright Profile Europacable Bekaert (www.bekaert.com) is a world market and technology leader in steel wire transformation and coating technologies. We pursue with the Paris Agreement. Ac-to be the preferred supplier for our steel wire products and solutions by continuously delivering superior value to our customers Recommendations to improve HVDCworldwide. Bekaert (Euronext Brussels: BEKB) is a global company with 30 000 employees worldwide, headquarters in Belgium and € 5 billion in combined revenue YcoeradrinNg ettowtohrek EDNeTvSeOlo-pEmTeennt cable systems reliabilityDisclaimer Plan (TYNDP) 2018, 97% of the total Welcoming the publication of the joint13 June 2019This press release may contain forward-looking statements. Such statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Bekaert is providing route length of electricity grid infra- paper, Raul Gil, Chairman of the Euro-the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release in light of new information, future events or otherwise. Bekaert disclaims any liability for statements made or published by third parties and does not undertake any obligation to correct inaccurate data, information, conclusions or opinions structure projects would be covered pacable Energy Team, stated, “HVDCpublished by third parties in relation to this or any other press release issued by Bekaert. by high-voltage direct current (HVDC) cables are a mature, fully available andJoint ENTSO-E and EUROPACABLE paperPress release 10 July 2019 – Bekaert appo1in)ts Chief Financial Officer and completes new L2ea)dership Team land and submarine cable and system reliable technology. Statistics show that1) European Network of Transmission System Operator for Electricity represents 43 electricity transmission technology. It is therefore of critical cable failures aresystem operators (TSOs) from 36 countries across Europe. very rare, but the importance for Europe’s future security resulting downtime can be long. Con-2) Europacable is the voice of all leading European wire and cable producers. Europacable members include the largest cable makers in the world providing global technology leadership, as well as highly specialized small- and medium sized businesses from across Europe. of electricity supplies that HVDC cables tinued cooperation with ENTSO-E on and systems fulfil the highest reliability this topic is key for Europacable as the requirements at all times. Against this cable industry is committed to further background, ENTSO-E and Europa- improve both reliability and availability cable have worked together and is- because every fault is one too many.” sued joint recommendations on how to Download the joint paper fromCopyright the further improve HVDC cable systems Europacable reliability. website below. www.europacable.eu ENTSO-E AISBL • Avenue de Cortenbergh 100 • 1000 Brussels • Belgium • Tel + 32 2 741 09 50 • Fax + 32 2 741 09 51 • [email protected] • www. entsoe.eu

BUSINESS & MARKET REPORT in France and The Coca-Cola Com- This tag line is the result of a par- July 22, 2019 pany in the USA. From 2004 to ticipative, internal poll where more Notebook 2007, he held several finance roles than 2500 employees sent propos- Essex Magnet Wire Wins DENSO Leadership Award with United Technologies Corp. In als to best express Alstom’s vision. Essex Magnet Wire, Fort Wayne, 2007, Taoufiq joined Bombardier It will replace the current signature, IN, USA, reportedly the largest global manufacturer of magnet Transportation, where he moved Designing fluidity, and will be sup- and winding wire, was recog- up through the finance organization ported by a complete renewal of nized with a 2018 North in different geographies to his final Alstom visual brand expression. American Gold Award for Value Leadership from the world’s sec- position of VP Finance for EMEA and Both will be implemented from ond larg- est mobil- Asia Pacific. October 2019. The first application ity supplier, DENSO. Bekaert has also announced of this new brand expression is a Essex was one of just four re- organizational and leadership new brand film. cipients to be awarded by DENSO in the Value Category. Xavier changes to sharpen a customer- “Through this brand signature, Mann, VP of the Automotive Business Unit for Essex, said, “Es- centric focus and to revitalize its we wanted to reinforce two mes- sex is honored and humbled to receive such a prestigious award business performance. Arnaud sages. First, the fact that we are from DENSO. With their focus on quality and continuous improve- Lesschaeve joined Bekaert on June today a pure player in the mobility ment, they have helped make Essex a much better supplier.” 1, 2019 as Divisional CEO Rubber field and second, to reaffirm our DENSO’s Supplier of the Year Reinforcement. Juan Carlos Alonso position in sustainable mobility. This Awards are given to companies that demonstrate outstanding joined on July 1, 2019 as Chief Strat- new signature perfectly expresses performance, a deep commit- ment to exceptional quality and egy Officer. And the appointment who we are, and the new visual a willingness to collaborate in advancing automotive products, of Boussaid as CFO completes the brand identity will allow us to bring services and technologies. Essex has been supplying DENSO with new leadership team. consistency and modernism in the magnet wire and insulation in www.bekaert.com wPRaESyS RwELeEASeExpress ourselves,“ said North America, Europe, Asia and Japan for 30 years. Bruno Tourne, VP Communications www.essexwire.com Alstom unAvlsetomilsunvneiels iwts nebwrbarannddide ntity, at Alstom. identity: mobility by nature mobility by natuwreww.alstomgroup.com “Your one-stop supplier of high-quality, global-value, second-hand nonferrous 11 July 2019 – Alstom’s brand signature and visual brand expression are evolving to reflect the wire & cable equipment” Alstom’s brand signature and vi-Group’s new ambition: “Be the leading global innovative player for a sustainable and smart 100 Franklin Street sual brand expression are evolving Priority Wire & Cable mobility”. This new brand signature will be “mobility by nature”. increases prices Bristol, CT 06010  USA to reflect the Group’s T: +1 860 583 4646 • F: +1 860 589 5707 new ambition: “Be Priority Wire & Cable, Inc., N. E-mail: [email protected] Website: www.wireandplastic.com the leading global innovative player Little Rock, AR, USA, has increased This tagline is the result of a participative internal poll where more than 2,500 employees sent for a sustainable and smart mobil- prices betweenproposals to best express Alstom’s vision. It will replace the current signature Designing fluidity 5% and 8% on its and will be supported by a complete renewal of Alstom visual brand expression. Both will be ity.” Thisimplenmeentwed frombOrcatobner 2d019.signature will Aluminum Building be mobility by nature.The first application of this new brand expression is a new brand film. Wire and 600 V Util- Click here to see the video ity Cables. While metals pricing has “Through this brand signature, we wanted to reinforce two messages. First, the fact that we are remained relatively stable, markettoday a pure player in the mobility field and second, to reaffirm our position in sustainable mobility. This new signature perfectly expresses who we are, and the new visual brand identity will allow us pricing has decreased while otherto bring consistency and modernism in the way we express ourselves “, said Bruno Tourne, VP Communications at Alstom. costs have continued to rise in- Alstom partnered with Saguez & Partners for the brand visual expression refreshment, and with Le cluding, but not limited to, the fullSeptième Bureau for the brand film. The music, managed by the sound agency Start-Rec, is Your singleperformed by Caesaria. effects of various tariffs that have About Alstom been put in place over the pastAs a promoter of sustainable mobility, Alstom develops and markets systems, equipment and services for source supplierthe transport sector. Alstom offers a complete range of solutions (from high-speed trains to metros, tramways and e-buses), passenger solutions, customised services (maintenance, modernisation), several months necessitating ainfrastructure, signalling and digital mobility solutions. Alstom is a world leader in integrated transport for the wire andsystems. The company recorded sales of €8.1 billion and booked €12.1 billion of orders in the 2018/19 fiscal price increase. The company saidyear. Headquartered in France, Alstom is present in over 60 countries and employs 36,300 people. cable industry its goal is to continue providingPress contacts customers with the industry’s best ALSTOM Communication service levels. www.prioritywire.com mholland.com 800-608-1577 Patrice Dubois to CEO at OFS OFS Fitel, LLC, Norcross, GA, USA, has announced that the Furukawa Electric Company (FEC) Board of Di- Page 3

BUSINESS & MARKET REPORT July 22, 2019 Southwire Lands Consecutive Appearances Notebook on Forbes List of “America’s Best Employers” Reflecting the company’s strong com- LEONI Offers Smart Robot Cable Solution mitment to its employees, Southwire, Global provider of energy and data management solutions in Carrollton, GA, USA, was named by the automotive sector and other industries, LEONI AG, Nürm- Forbes as one of America’s Best Em- berg, Germany, now offers the LEONI B-Flex P³. This is a flexible, ployers for 2019, ranking #114 on this slip-resistant attachment solu- tion for industrial robots serving year’s list of 500 top businesses. picking, packing and palletizing applications. This means that the Forbes list of America’s Best Employ- hose and cable package can be attached to the robot with easy- ers highlights the companies that em- to-install, flexible holders. ployees like best. Through the support The basic principle behind the LEONI B-Flex P³ solution con- of Statista, an independent statistics sists of two components—the hook-and-loop straps and the and studies company, more than flexible round or flat holders. The hook-and-loop strap is threaded 50,000 people who work at companies our industry believe that Southwire is into the matching insertion slots on the holder for installation on employing more than 1000 people in a great place to work. Our people are the robot. The holders are posi- tioned in the chosen location on their USA operations were surveyed what make our company special,” said the robot and the dresspack is inserted between the hook-and- about their employee experience and Rich Stinson, Southwire’s President loop strap and the holder. The were given the opportunity to recom- and CEO. “As we grow, we are be- hook-and-loop strap needs to be pulled tight and closed. The mend others in their industry. ing more and more intentional about system can be used on diverse surfaces, sections and circumfer- This is not Southwire’s first time as enhancing the employee experience ences with no risk of slippage. one of America’s Best Employers. and are gaining insight and feedback www.leoni.com Last year, Southwire ranked #297 in from our employees through a variety the top 500, so the 2019 ranking is a of ways to ensure we’re taking the right significant advancement. This year’s steps. This achievement is proof.” list ranked Southwire third in the engi- Areas where the survey reflects suc- neering/manufacturing segment. cess in 2019 include diversity, inclusion “We’re approaching 70 years of legacy, and overall employee appreciation and and we are incredibly proud to see pride for the firm’s products/services. www.southwire.com that both our employees and others in rectors has approved ciation’s industry-leading technical the appointment of operations and strategic planning. OFS President and Hughes previously served as Senior Chief Operating Officer (COO), Pa- Director of Government Relations trice Dubois, to the position of Chief and Strategic Initiatives for NEMA. Executive Officer (CEO), succeeding Dr. Timothy Murray. Dubois has Hughes joined NEMA as Director been a part of the leadership team of the High-Performance Buildings for more than a decade serving as Council before being promoted COO for the last two years. to lead electric grid, electric ve- Dr. Murray will remain in the hicle, energy storage, Internet of position of Chairman of OFS and Things and cyber security policy will serve as an adviser to FEC Com- advocacy. Hughes has consistently munications Solutions Division and demonstrated the skills and deep Furukawa Electric LatAm (FEL). understanding of NEMA Members’ www.ofsoptics.com products and businesses. www.nema.org NIEHOFF ENDEX NEMA names Patrick Hughes North America VP of Operations & Strategy Your Worldwide Partner ​The National Electrical Manu- For Non Ferrous Wire Processing Equipment facturers Association (NEMA), Ar- lington, VA, USA, has appointed 1 Mallard Court, Swedesboro, NJ 08085 USA Patrick Hughes Tel.: 856.467.4884 [email protected] Vice President of Fax: 856.467.0584 www.Niehoff-USA.com Operations and Strategy. In this role, Hughes will oversee the Asso- Page 4

BUSINESS & MARKET REPORT Pelican Wire named th e Board of County Commissioners July 22, 2019 “Business of the Month” for recognizing the importance of manufacturing by honoring Pelican Notebook During the July 9, 2019, Collier Wire.” County Board of County Commis- Superior Essex: New Hybrid sioners meeting, Pelican Wire, Na- The Greater Naples Chamber Indoor/Outdoor Cable ples, FL, USA, was named the Collier of Commerce also recognized Superior Essex Communications, County “Business of the Month” Pelican Wire at its monthly “Wake- Atlanta, GA, USA, has released and was recognized by the Board Up Naples” breakfast meeting, the for being a manufacturing leader following morning. its I/O Riser 2x2 in Collier County for over 40 years. Hybrid cable www.pelicanwire.com for indoor/outdoor applications. It is reportedly the first and only Fahd K. Chinoy to communications hybrid cable that is UL Wet Location listed, CEO at Pakistan Cables UL Direct Burial listed for the interlock armored version and Pakistan Cables has announced UL listed for use in Class 3 and Class 2 circuits. The cable is that current Deputy Chief Executive, ICEA 696 compliant for indoor and outdoor use, with dry wa- F a h d K . C h i n o y, h a sMr. Kamal A. Chinoy has been the previous experience working ter blocking technology in both internationally in the US and Canada in core and 2 mm simplexes. The the banking sector. two stranded conductors are been appointed as thecompany’s Chief Executive since 1992 insulated with a special PVC and are offered in 12, 14 and 16 AWG and worked relentlessly to position the conductor sizes. company as Pakistan’s most trusted wire and cable company. During his Pakistan Cables Chairman Mr. www.superioressexcommunications.com Chief Executive Officertenure, the company grew through New Ruggedized Control & expansion across market segments, Instrument Cables from NWI product innovation and technical Northwire, Inc. (NWI), Osceola, Mustapha Chinoy said, “Kamal’s vision WI, USA, offers new rugge- combined with his commitment to serve the long term interests of the dized control/ instrumenta- (CEO) of the company,collaboration with foreign partners. Its tion cables designed to meet CSA CIC and CIC-TC agency focus on sustained growth led to requirements. Suited for harsh meeting stakeholder expectations environments, this additional list- company, have fortified Pakistan ing has been added in response Cables in the industry today. He leaves to customer demands from a legacy of strong ethics and the Canadian market. Control Instrumentation Cable (CIC) and consistently as the company’s excellence that’s much needed in the Tray Cable (CIC-TC) versions are replacing Kamal A. Chi-revenues grew from Rs. 300 million to available. www.northwire.com Rs. 9.6 billion, which strengthened its position as the country’s leading brand. evolving business environment today. I’d like to thank him, on behalf of the Board, for his contribution to the company. “The Board is pleased to appoint Fahd First Row (l-r): Naples Chamber CEO Michael noy, who is stepping down from theThe market capitalization of the company expanded from Rs.130 million in 1992 to Rs. 5 billion in 2019. K. Chinoy to the role. Having worked for Pakistan Cables in a variety of senior management roles, Fahd has demonstrated a deep understanding and passion of our business and the industry. The Board warmly welcomes Fahd to the role and wishes him every Dalby, Pelican Wire CEO Ted Bill, Pelican role after 27 years.June 19, 2019:Pakistan Cables, today, Wire Marketing Manager Trent Dunn, Naplesannounced that Mr.Fahd K.Chinoy, Chamber Membership Director Bethany Chinoy joined Pakistancurrently Deputy Chief Executive, has Mr. Fahd K. Chinoy has nearly 18 Cables years of experience and most recently served as Executive Director and Deputy Chief Executive at Pakistan Cables. He joined Pakistan Cables in 2008 and has helped lead and execute many of the company’s investments success.” and strategy decisions and has been on the forefront of several landmark Given Mr. Kamal A. Chinoy’s vast transactions for the company. He experience in the industry, the Board of carries an MBA degree from INSEAD Directors has proposed that he and did his Bachelors degree from the assumes the role of an Advisor and University of Pennsylvania. He has assist the Company’s other initiatives. been appointed as the Chief Executive Sawyer. Second Row: Commissioners AndyOfficer of the company, effective July 1, in 2008 and has helped lead and2019 in place of Mr.Kamal A.Chinoy who Solis, Donna Fiala, William McDaniel Jr.,is stepping down from the role after 27 Penny Taylor and Burt Saunders. execute many of the firm’s invest-years. Pelican Wire President, Ted Bill, ments and strategy decisions, and For more information, press only: has been on the forefront of several who received the award, said, “WePR Contact Name: Mariam Durrani Email: [email protected] are truly honored to be named landmark transactions. www.pakistancables.com the Collier County ‘Business of the Month’ for July. Since moving to Sterlite Power solution boosts Naples in 1976, Pelican Wire has transmission line capacity & watched Collier County grow, and relieves network congestion we have been pleased to be part of that growth. As a manufacturer, Sterlite Power has achieved a sig- we help to diversify the economy nificant milestone with the success- of southwest Florida and are hon- ful uprate and ored to be recognized commissioning by the Commission for of five, 132 kV lines in the heart of our contribution to the Lucknow, Uttar Pradesh, India. The county and the community. On project was completed in record behalf of the employee-owners of time, doubling the transmission Pelican Wire, I would like to thank capacity of these five existing lines without any major change to exist- ing infrastructure. The lines, which normally carry a 80 to 85 MW load, will now be able to carry a load of over 160 MW after the uprate. All urban transmission lines running through Lucknow were feeding substations of important areas. These lines were over 40 years old and passed through Page 5

BUSINESS & MARKET REPORT July 22, 2019 NKT Wins High-Voltage Power Notebook Cable Orders in Norway & Germany NKT, Brøndby, Denmark, has been AC underground cable project, Wahle- Prysmian Launches 525 kV HVDC Cable Technologies awarded a turnkey project from Lun- Mecklar. NKT has been selected as Prysmian Group, Milan, Italy, has now advanced cable tech- din Norway AS for the 132 kV high- turnkey supplier for the project support- nology to enable voltage power cable connecting the ing the transition to renewable energy more efficient, reli- able and eco-friendly power Edvard Grieg oil and gas production in Germany. transmission over long dis- tances. Offered are two 525 kV platform to the Johan Sverdrup field extruded land cable systems, one qualified with P-Laser and center. The power cable solution will one with XLPE insulation. These cable systems are designed at finalize the Utsira High Power Hub Pro- a higher voltage level and with large conductor cross-sections ject to power several oil and gas fields for long-distance, high-power transmission with minimized with renewable power from shore. land use. P-Laser is the first 100% recyclable, eco-friendly, high- With the order of 24 km of 132 kV AC performance cable technology using a zero-gas process that XLPE high-voltage power cable, NKT Wire and Cable reduces CO2 emissions by 30%. continues to support the focus on low- Customized CompoThe German power grid needs to be www.prysmiangroup.com ering the environmental impact of the oil and gas fields included in the Utsira JDR & Taya Sign MOU for High Power Hub Project. Renewable Energy Projects JDR Cables, of the TFKable The connection of the two installations expanded to distribute the increasing enables Lundin Norway AS to benefit amEoCuCntooffferwsintodthpeowweirregaenndecraatbeled minarket a broad Group, signed a from the already planned power link in thecuNstoormthizteodtehleasctonmseurmicpotiropnolayroeleafsin based com Memorandum of Un- derstanding (MOU) conjunction with phase 2 of the Johan furuthtileizresdofuotrhm. Weditihumth/heigfihnavloaltapgperoavsalwell as certa with Taya Group, a leading electric wire and land cable Sverdrup development. The link con- ofvtohletagceabflaemseoluretitoanrddaenltivaeprpylicfoartiothnes including: manufacturer in Taiwan. The necting Johan Sverdrup phase 2 to the Wahle-Mecklar connection, NKT is companies will collaborate on localization opportunities on onshore power grid is currently under reŸadyEtPoRsuCpopmorptoTuenndnseT in the con- future renewable energy proj- development by NKT. tTinhŸueetduErdlnaeksveteoylmoppermorijcee,cnCtt coroof smthspelinripskoeawsbleesru, gprpidly. ects in the area, with focus on Also, NKT continues to prepare the building a stronger Taiwanese offshore wind supply chain. German power grid for more renewa- of somaned7T8hkemrmoofpl3a8s0tickCVoAmCpoXuLnPdEs www.jdrcables.com ble energy with a high-voltage onshore rheigŸlahte-FvdolaalmtcacegeesRseoutranierddsea,rntghtreaonucdnabdHleaclaloabgyelienngsF,, ree Compou cable project. The German power grid eleŸctrMicaolisintusrteallCatrioosnsalinnkdatbeestCinogm. pounds You need it—We have it! operator, TenneT, has received the 802.773.9111 final permit for the 380 kV high-voltage Ÿ FR Mawstwewrb.antkcth.ceosm www.carris.com densely populated settlements. ŸYaIznasukliaNtioonr,thJaAckmeteinrgic, a, Canton, [email protected] With growing population and devel- MI, UaSnAd, BheedaddingofCToPmNpOouTnadksashige opment, ground clearances were Miyashita and Yazaki North Ameri- not enough to match transmission can Mazda Branch Manager, Kyle requirements. With exponential Rogers, accepted the award on growth in demand for power, trans- behalf of Yazaki on April 19, 2019. mission congestion challenges also manifested in excess load, leading www.yazaki-na.com to frequent power outages. This up- rate will have a positive impact on Daburn Electronics the people residing in these areas. acquire1s0P8rReacdisoeDCriivrec,uNitasugatuck, CT 0677 www.sterlitepower.com Daburn ElectronTicesl:,+D1o2v0e3r-,7N23J,-2590 USA, a makewrwowf .wElierec,trcicaCbaleb,leeCleocm-pounds.co Yazaki honored with Mazda tronic components and power sup- Supplier Excellence Award plies, has acquired Precise Circuits, The Yazaki North America Trans- Quality Compounding for pacific Nikkei Organization’s (TPNO) the Wire & Cable Industry Mazda team was recently honored 108 Rado Drive, Naugatuck, CT 06770 with a Suppler Ex- Tel: +1 203-723-2590 cellence Award by providing exemplary launch sup- www.ElectricCableCompounds.com port to Mazda de Mexico Vehicle Operation (MMVO) in Salamanca, Mexico, for the 2019 Mazda 3. Page 6

BUSINESS & MARKET REPORT WCISA® Scholarships: July 31, 2019 Deadline July 22, 2019 WCISA® (Wire & Cable Industry or university in the fall of the applica- Notebook Suppliers Association®), Akron, OH, tion year. Any planned field of study is New Champlain Battery USA, is seeking applications for two acceptable. Applications are due from Cable for EV/HEV Champlain Cable has intro- types of WCISA scholarships: students or parents/grandparents at duced new EXRAD ERGO FLEX™ high-voltage battery cable that • The WCISA High School Graduate WCISA member companies by July offers ultimate flexibility and compliance to automotive indus- Scholarship for high school graduates 31, 2019. try standards such as ISO 6722-1, ISO-14572, ISO-19642 as well as with a parent or grandparent working • The WCISA Employee & Intern Schol- OEM standards. EXRAD ERGO FLEX is a specially developed at a WCISA member company. Up to arship for people currently working at irradiation cross- linked polyolefin US$1000 is awarded to each winning a WCISA member company. Up to designed to bring performance at- candidate. Applicants must be high US$3500 is awarded to each winning tributes such as flexibility, thermal robustness, high voltage, long school graduates enrolled in a college candidate. Applicants should have a operational life, thin diameter, high-current capability and other need and desire to enroll in or be features into one cable. enrolled in an in-person or on-line www.champcable.com course or degree program that is Fujikura Technology for Mass Producing Rare-Earth, High- related to their job description at Temp Superconducting Wire Fujikura Ltd., Tokyo, Japan, WCISA® Scholarship Program the WCISA member company. Ap- has succeeded in the develop- plications are due from employees, ment and marketing of technol- ogy for mass-producing the interns or colleagues at WCISA world’s highest-performance, rare-earth, high-temperature member companies by July 31, superconducting wire with a critical current density in a low- WCISA offers three types of scholarships to its member companies: 2019. temperature magnetic field ex- ceeding 400 A/mm2. This critical 1. WCISA Employee & Intern Scholarship for people currently working at a WCISA member Scholarship applicants should density is more than one and half company: One or more awards per year. Applicants should have a need and desire to en- submit a written statement, identi- times that of conventional wire roll in or be enrolled in an in-person or online course or degree program that is related to fying their connection to a WCISA (compared to Fujikura’s conven- their job description at the WCISA member company. Applications are due from employ- member company, the desired tional products). ees, interns or colleagues at WCISA member companies by July 31 of each year. scholarship and the reasons to be selected as well as a summary www.fujikura.co.jp 2. WCISA High School Graduate Scholarship for high school graduates with a parent or of the applicant’s background, grandparent working at a WCISA member company: One or more awards per year. Ap- educational plans and professional Extrusion Systems and Tooling for plicants must be a high school graduate enrolled in a college or university in the fall of goals. Submit your statement by the Wire and Cable Industry the application year. Any planned field of study is acceptable. Applications are due from email to [email protected], students or parents/grandparents at WCISA member companies by July 31 of each year. or to learn more visit: Technology that modernizes plant efficiency with increased productivity, reduced scrap 3. WCISA Special Scholarship for extraordinary or special circumstances, directly or via www.wcisaonline.org industry partners (memorials, hardships, research projects, endowments, etc.). These are and quality that meets and exceeds awarded on a case-by-case basis. Applications or requests may be submitted at any time of the year by an employee of any WCISA member company or via industry partners. www.tipsanddies.com Materials to Submit: Applicants should submit a written statement to [email protected], identifying 505 Mill Street, Rome, NY 13440 Phone: 315-337-4161 their connection to a WCISA member company, the desired scholarship and the reasons to be selected Page 7 www.wcisaonline.org • [email protected] WCISA® member companies are North American-based suppliers of machinery, materials and accessories for making all types of wire and cable. Annual Dues: $300/company Established in 1996, WCISA is a nonprofit trade association. a custom electronics design/manu- Conference Calls/Webcasts... facturing company. Precise Circuits will now operate as a division of • Anixter International Inc., Glenview, IL, Daburn Electronics and will expand USA, will release Q2 2019 results on July its design and manufacturing op- 25, 2019, and will host a conference call erations in Carrollton, TX, USA. with investors at 9:30 AM CT. The call will be available as a live audio webcast and can www.daburn.com be accessed at www.anixter.com/investor Freeport-McMoRan declares • Aptiv PLC, Dublin, Ireland, will release its quarterly cash dividend Q2 2019 financial results on July 31, 2019, and will hold an investor call that day at 8 AM EDT. Freeport-McMoRan Inc., a part of www.aptiv.com FCX, Phoenix, AZ, USA, recently de- clared a cash dividend of US$0.05 • Carlisle Companies Incorporated, Scott- per common stock share, payable sdale, AZ, USA, will release Q2 2019 results on August 1, 2019, to shareholders on July 23, 2019, after the market close. A of record as of July 15, 2019. FCX is conference call to discuss the results has a leading international mining com- been scheduled for 5 PM ET on July 23, 2019. pany. It operates large, geographi- The call can be accessed along with related cally diverse assets with significant materials, at www.carlisle.com/investors proven and probable reserves of copper, gold and molybdenum. FCX • Lear Corporation, Southfield, MI, USA, will is one of the world’s largest publicly hold a conference call to review the Q2 2019 traded copper producers. financial results and related matters on July 26, 2019, at 8:30 AM ET. www.lear.com www.fcx.com • TE Connectivity Ltd., Schaffhausen, Switzer- land, will report financial results for the Q3 of fiscal 2019 before trading begins on July 24, 2019. The company will hold a conference call for investors at 8:30 AM ET, which can be accessed at investors.te.com

EVENTS & OPPORTUNITIES Call For Papers for CRU World and e-mobility of the sector, which July 22, 2019Subscribe @ www.wiretech.com/overview.asp Optical Fiber & Cable 2019 are driving the Russian economy, resulting in growing demand for EVENTS CRU will hold the CRU World wire, cables and accessories. Optical Fiber & Cable Conference September 18 – 20, 2019 in the USA for the first time, offering This year, wire Russia was held wire Southeast Asia 2019 the chance to meet with key indus- as a stand-alone event Bangkok, Thailand try stakeholders from the USA and at Krasnaya Presnya www.wire-southeastasia.com / www.mdna.com beyond. Now in its fifth consecutive in Moscow. Exhibitors year, the event will take place in presented innovative September 23 – 24, 2019 Charlotte, NC, USA, November 18 technologies covering IPC/WHMA Conference Europe to 20, 2019, and will be hosted by the complete process chain of the Prague, CZ Corning Incorporated. wire and cable industry. The next www.ipc.org / www.whma.org edition of wire Russia will be held in The call for papers is now open. Moscow in summer of 2021. September 29, 2019 – October 2, 2019 The conference will include a com- IWCS 2019, prehensive technical agenda dedi- www.wire-russia.com Charlotte, NC, USA cated to highlighting technological www.mdna.com www.iwcs.org advances relevant to optical fiber and cable production processes. Wire and Cable Guangzhou October 1 – 3, 2019 Sees Visitor Numbers Rise 14% wire South America 2019 Submitted abstracts will be con- Sào Paulo, Brazil sidered against the following se- At the end of an eventful three www.wire-south-america.com lection criteria: relevance to fiber days of business at Wire and Cable www.mdna.com and cable operations; novelty of Guangzhou 2019, industry associa- technology; quality of presentation; October 9 – 11, 2019 and objectivity of content. To discuss tions, exhibitors M-EXPO Wire Processing Technology an abstract in greater detail or to and trade buy- Ciudad Juárez, México make a submission, contact: Tom ers were nearly www.mexpowire.com Willatt at +44 (0)20 7903 2260 or unanimous in saying the 11th edi- email [email protected]. tion of the show provided effective October 15 – 19, 2019 coverage for the entire supply ICF Congress 2019, Cancún, Mexico www.crugroup.com chain. Specialist manufacturers www.wire-south-ame showcased their latest products to wire Russia 2019: Digitalization professional buyers from around October 21 – 22, 2019 of the Wire & Cable Industry the world. More than 26,400 trade Wire & Cable Verona 2019 visitors, up 14% from the previous Verona, Italy With over 200 exhibitors and show edition, made their way to www.wirecable19.com 2400 visitors, the recent wire Rus- the China Import and Export Fair sia 2019 confirmed its status as Complex to pursue their business November 6 – 8, 2019 the leading Russian trade fair for objectives. Cable & Wire Fair 2019 the wire and cable industry. Focus The show’s organizers say that New Delhi, India was on digitalization, infrastructure Wire and Cable Guangzhou 2019 www.cablewirefair.com reaffirmed its position as an effec- tive business platform in China. November 12 – 15, 2019 www.wire-cable-china.com productronica, Munich, Germany www.productronica.com November 13 – 20, 2019 Africa Wire, Cable & Tuibe Conference Johannesnurg, South Africa www.crugroup.com November 18 – 20, 2019 CRU World Optical Fiber & Cable 2019 Charlotte, NC, USA www.crugroup.com February 17 – 21, 2020 WHMA Wire Harness Conference Las Vegas, NV, USA www.whma.org • www.ipc.org March 17 – 19, 2020 UL and IWCS China 2020 Shanghai, China www.ulandiwcschina.org March 30, 2020 – April 3, 2020 wire 2020 Düsseldorf, Germany www.wire-tradefair.com www.mdna.com Phone: +1 973 402 4098 www.simpacks.com Page 8