WCA September 2015

Industry news

Two new nuclear plants for South Korea South Korea’s government plans to build two nuclear power plants with a combined capacity of 3,000MW, in line with plans to reduce its reliance on coal for power generation and to lower greenhouse gas emissions. The South Korean trade, industry and energy ministry said that the government has abandoned its proposal to construct four coal-fired power plants. Part of the state-run utility Korea Electric Power, Korea Hydro and Nuclear Power currently operates 23 nuclear reactors, and plans to construct another 11 units. Reuters reported that the ministry expects that the two nuclear plants will be commissioned in 2028 and 2029. With this plan, South Korea will have 36 nuclear reactors by 2029, which will represent 28.5 per cent of its power generation capacity. The plan comes with domestic electricity usage estimated to increase annually by 2.2 per cent to reach 656,883GWh in 2029. The country develops a plan every two years to reprioritise and set the ratio of energy sources. Korea Electric Power – South Korea Website : www.kepco.co.kr Karbala Refinery Project opts for Nexans low voltage cables

a city 120km south of Baghdad, Iraq. Completion is expected in 2020. Nexans’ LV cable system will be equipped with PVC hydrocarbon resistance which features high performance. Based on its global network of technical know-how, Nexans succeeded in fulfilling the customer’s technology requirements. In-Koo Kang,  chief executive officer, Nexans, Korea, said: “We are pleased to be a part of a major overseas project with HDGSK. “A long-standing relationship with our customer and our solution to optimise the total cost of ownership (TCO) of the installation were the key to winning this contract. “Committed to customer satisfaction, Nexans has been developing products in response to customer demand.” The cables will be manufactured in Nexans’ plants in Korea and Turkey. Delivery will start in January 2016 and is expected to be completed by March 2017. Nexans – France Website : www.nexans.com

NEXANS has been awarded a contract by HDGSK Joint Venture to supply a low voltage cable system  for the Karbala Refinery Project in Iraq. Iraq’s State Company for Oil Projects (SCOP) will rely on Nexans low voltage (LV) cables for the Karbala Refinery Project. The contract was awarded by HDGSK, a joint venture of four major Korean engineering, procurement and construction (EPC) com- panies: Hyundai Engineering and Construction and Hyundai Engineering; GS Engineering and Construction; and SK Engineering and Construction.  As part of the contract, Nexans will manufacture and supply 3,500km of LV cables for the project. The new Karbala Refinery Project is the largest contract won by Korean EPCs to date, and is worth over $6bn.  In this framework, HDGSK will build an oil refinery capable of processing 140,000 barrels of crude oil a day into LPG, gasoline, diesel and other petrochemical products in Karbala,

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Wire & Cable ASIA – September/October 2015