WCA March 2021

Speeding up foreign investment

Forward thinking and investment are high on the list of priorities for Turkey’s Cokyasar Holding. The company, which operates from three modern facilities, manufactured 180,000 tons of steel wire products in 2020. And these encouraging figures have led to the company expanding its international operations with a new site in Albania, operating as CWI Albania. The company exports 70 per cent of its products to more than 80 countries worldwide and has seized on the opportunity to expand further. “CWI – Cokyasar Wire Industries – is an investment needed for European and Balkan countries,” said Erman Korkusuz, CEO, as the company plans to accelerate its other foreign investments as a result of this success. Full story on page 8. Also looking ahead are Messe Düsseldorf and SECRI, with the announcement of their continued cooperation with the launching of the WireShow – being staged from 31 August to 2 September this year at the Shanghai New International Expo Centre, China. The show will run in odd years – alternating with wire China. More details on page 14. Ducab has appointed its first Emirati as CEO. Mohammed Abdul Rahman Al Mutawa has been with the company, one of the UAE’s largest manufacturing businesses, since 2015, and most recently served as CEO of Ducab Cable Business. The appointment is the result of a carefully planned succession strategy in line with the company’s UAE national development programme. Turn to page 16 for the full details. Making a foray into a new market is ABZ (Shanghai) Smart Tech. The wire and cable machine making supplier took the move to cover the small strand market by

making the high-level double twister bunching machine, designed in conjunction with a European engineering team. The new machine, for 630mm flange bobbins, is available in two versions and the first one has been successfully made and tested at the customer’s plant. Full story on page 39.

David Bell Editor

Dates for your diary 8-10

wire Russia – trade exhibition – Moscow, Russia

June

www.wire-russia.com

WireShow – trade exhibition – Shanghai, China

31 August – 2 September

www.wireshow.com

wire India – trade exhibition – Mumbai, India

8-10

September

www.wire-india.com

AMI Cables – trade exhibition – Cologne, Germany

14-16

September

www.ami.ltd/event-cables

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Wire & Cable ASIA – March 2021