WCA November 2007

Industry news

Construction begins on China campus An artist’s impression of the new DSM campus in Shanghai m

Construction has begun of the DSM China Campus in the Zhangjiang Hi-Tech Park in the Pudong new area of Shanghai (PRC). The campus will comprise both Shanghai offices of the DSM (China) Ltd Holding and several business groups and the R&D labs of DSM in China. The DSM China Campus will house about 600 people and, as well as being the headquarters of DSM China, it will be the company’s biggest and most important research facility outside Europe and the USA. During the groundbreaking ceremony, Jan Zuidam, deputy chairman of DSM’s managing board of directors, said: “China is important for all three drivers of DSM’s strategy Vision 2010 – Building on Strengths: market-driven growth and innovation, increased presence in emerging economies and operational excellence. “The ground-breaking ceremony is a major milestone for us in China. “The DSM China Campus will act not only as the headquarters of DSM in China, but also as the new incubator of our innovation competences.” In its design and execution, the DSM China Campus will aim to achieve ‘Gold’ certification within the LEED programme.

LEED stands for Leadership in Energy and Environmental Design. and responsible entrepreneurship very seriously,” said Weiming Jiang, president of DSM (China) Ltd. “For the third consecutive year we have been elected the most sustainable “DSM takes sustainable

chemical company worldwide in the Dow Jones Sustainability Index. Therefore it was only logical that we would go for a ‘green’ design for our new DSM China Campus.” DSM – Netherlands Fax : +31 45 571 9753 Email : media.relations@dsm.com Website : www.dsm.com

Buy-out strengthens Prysmian’s hold in Asia Pacific

Prysmian Cables and Systems has bought New Zealand cable manu- facturer, International Wire & Cable Company Limited (IWC). The acquisition further strengthens Prysmian’s presence in the Asia Pacific region. In Australia, Prysmian already has a well established presence with two manufacturing plants supplying a wide range of power and telecommunications cables as well as accessories for joining and terminating power cables. IWC has been producing power cables, with expertise in the aluminium/ neutral screened cables, in New Zealand for more than 60 years and employs 65 people with approximate revenues of €20m in 2006.

The Prysmian investment will build on IWC’s existing infrastructure in the North and South islands of New Zealand and will add to its supply capabilities through the expanded product range and research and development facilities of the Prysmian Group. The acquisition of IWC’s Auckland operations will allow Prysmian to extend its market in New Zealand, particularly in power distribution, whilst also exploiting Australian wind farm expertise.

Prysmian Telecom Cables & Systems – Italy Fax : +39 02 6442 2640 Email : info@prysmian.com Website : www.prysmian.com

Wire & Cable ASIA – November/December 2007