wiredinUSA January 2012

Saudi Cable Co signs major deals

Shangshang Cable to use Dow license

Saudi Cable Company has secured orders from two of Korea’s biggest construction firms, taking its total order values for December 2011 to over $266.6m. The Jeddah supplier of copper cables has orders from Doosan Company, a diversified firm covering construction and engineering among other sectors, and Hyundai Engineering. Both mandates will be supplied at the start of 2012. Saudi Cable Company manufactures and markets electrical power and telecommunications cables of varying voltages, and supplies services for power and telecom projects including design, engineering, installation and finance. In 2010 the company won its first contract for its highest voltage cables, 380kV, following an order from Saudi Electricity Company, the state-backed power provider.

Dow E&T, a business unit of The Dow Chemical Company, has signed a Dow Inside license agreement with Jiangsu Shangshang Cable Group, a leading wire and cable products manufacturer in China. Under the terms of the Dow Inside agreement, Shangshang Cable will use Dow Endurance™ insulation, semi-conductive and jacketing materials to manufacture electronics wiring and/or medium and high voltage power cables. In addition, Shangshang Cable will be allowed to market its products with a logo comprising the “Dow diamond” followed by the word “Inside” when using Dow’s branded wire insulating and jacketing materials. Jiangsu Shangshang cable group was founded in 1967, and manufactures high voltage, medium voltage, low voltage, plastic and rubber cable.

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wiredInUSA - January 2012