EuroWire March 2024

Corporate News

Framework agreement for upgrading Norway’s electricity grid

Photographer: Måns Berg

“An upgraded transmission grid has the capacity to supply significant quantities of renewable energy such as wind and solar power, a more low emission transportation sector through electrification, and it will also allow green industries to establish operations in Norway,” said Rasmus Nord, president of Sweco Norway. Sweco has been a major contributor to the development of Norway’s electric power system for more than a century. Particularly through the last decade, the company has built extensive experience with Statnett projects. The unit will have an initial configuration of two production lines, with potential for expansion, and the company expects to achieve a production capacity of 25,000 tons per year. As Cabopol’s first production unit on the American continent it paves the way for expansion in this region, and follows the successful operation of production units in Serbia, Morocco and Portugal. in Monterrey’s industrial zone, will be equipped with the latest technology to enable the production of high-quality polymer compounds. It will significantly increase the company’s production The production unit, located

Sweco has signed several framework agreements encompassing project planning, engineering and project and construction management for Statnett, the state-owned transmission system operator in Norway. The contract period is four years, with an estimated volume for Sweco of more than 500 MSEK, and a potential four-year extension. Statnett aims to double the transmission grid investments in the coming years, with support from Sweco experts and other parties. A steep increase in electric transmission enables decreased fossil energy consumption and is therefore key to Norway meeting its climate targets.

Sweco Norway president Rasmus Nord

“We are delighted to win these important framework agreements,” said Mr Nord. “We are well positioned to be a key consultant to Statnett over the coming years, with the task of upgrading a robust transmission grid that secures the supply of electricity as a foundation to a more resilient and sustainable society.” Sweco AB www.swecogroup.com

Compound production expands with new unit in Monterrey

capacity, improve supply chain efficiency, and reduce lead times for customers in the Mexican and American markets. Anselmo Mendes said, “The opening of our new production unit in Monterrey, Mexico, marks a pivotal moment for Cabopol. We are dedicated to delivering the highest quality polymer compounds, and this expansion allows us to further our commitment to excellence. We are excited to better serve our customers and contribute to the growth of the local economy.” Cabopol Polymer Compounds www.cabopol.com Cabopol sales director

Cabopol Polymer Compounds, a pro ducer of thermoplastic and cross-linked compounds, is expanding its global pres ence with the opening of a new produc tion unit in Monterrey, Mexico. The new unit is part of a long-term strategy to provide clients with better products and services and to reach new markets.

The design of Cabopol’s new unit in Mexico

Lütze expands electronics manufacturing

Automation specialist Lütze is further expanding its fully automated electronics production line. The modular expansion at its headquarters in Weinstadt, Germany, will increase the capacity of its electronics manufacturing by up to 25 per cent. The move is in response to high customer demand in railway technology and industrial automation. For customers in automated manufacturing, mechanical engineering and the railway industry, the expansion of production capacity means a significant increase in flexibility and further improvement in delivery capability. “The expansion of our electronics manufacturing in Weinstadt is a clear commitment to the location in Germany and an integral part of our international growth strategy,” said Udo Lütze, owner of the Luetze International Group. “We are now able to respond more quickly to the needs of the market.”

Friedrich Lütze GmbH

www.luetze.com

Lütze in Weinstadt is increasing production capacity by up to 25 per cent

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March 2024