A name change for Mexichem Specialty Compounds should be an easy one for customers as it is a return to the former name of AlphaGary.
A press release said that Mexichem, the parent company, has changed its name to Orbia, but the specialty compounds unit will use the name AlphaGary. "We are committed to being your valued supply partner today and into the future, and we believe our reconnection with the AlphaGary identity clearly underlines our dedication to this effort," said AlphaGary General Manger Daniel DeLisle.
Motherson Sumi Systems (MSSL) reports that one of its subsidiaries, Motherson PKC Harness Systems, is building a new factory in the United Arab Emirates (UAE).
Per an online announcement by MarketLine, a ground-breaking ceremony at the Ras Al Khaimah Economic Zone (RAKEZ) was held recently for the launch of the project. "We are very glad to have taken this important step of setting up our manufacturing facility in the fast-growing emirate of Ras Al Khaimah mark the beginning of factory construction and operations are expected to commence in the second quarter of 2020," said MSSL Chairman Vivek Chaand Sehgal. "This provides us great opportunities for larger exposure to the global markets."
The story said that the factory is being built on a 21,000-sq-m parcel. In addition to wire harnesses, the plant will also produce rear view mirrors and have injection molding capacity.
MSSL was established as a joint venture partnership with Japan’s Sumitomo Wiring Systems. Its scope includes wiring harnesses, high tension cords, battery cables and high level assemblies. In 2017, it acquired Finland’s PKC Group Plc, a global tier 1 supplier of wiring harness and associated components to original equipment manufacturers (OEMs) in the heavy and medium duty commercial vehicles and locomotive segments across North America, Europe, Brazil and China.
RAKEZ, one of the 45 free economic zones in the Gulf nation, has 14,500 companies from 100 countries operating in 50 industries.
Nexans has won a contract from McDermott Marine Construction Limited to supply approximately 100 km of subsea umbilicals and accessories for a West African offshore project.
A press release said that the order is for the Greater Tortue Ahmeyim natural gas project, which will be 120 km offshore of the bordering countries of Mauritania and Senegal. Nexans will provide management, procurement, engineering, manufacturing and testing activities for the umbilicals and ancillary hardware. The electrical cables and fiber optics will be manufactured at Nexans Norway plant in Rognan, and the umbilicals will be developed, manufactured and tested at Nexans Norway specialized plant in Halden. The delivery will take place in 2021.
The Tortue field has a water depth of 2,850 m, the release said. The production system ties back some 70 km to a spread moored floating production storage and offloading) unit at the shelf edge at a water depth of 100-120 m. The gas will travel 35 km to a near-shore hub and terminal facility to be liquefied and offloaded to LNG carriers.
Lesjöfors, a European manufacturer of springs, pressings and wire parts, has acquired two Spirbelt Beheer B.V. subsidiaries—De Spiraal and Tribelt—in the Netherlands.
A press release said that De Spiraal is a manufacturer of technical springs and industrial wire products. Tribelt makes conveyor belts for a diversified customer base that includes the food, pharmaceutical and energy industries. The two companies are located in the same plant, which they moved to in 2015. The companies have annual revenues of approximately €14 million, mostly from the European market.
"De Spiraal and Tribelt are companies that fit well into Lesjöfors’s European platform, with a diversified customer base and opportunities for cross sales with our existing businesses," said Lesjöfors President Kjell-Arne Lindbäck.
With this latest deal, Lesjöfors, owned by Beijer Alma, has strengthened its position in Central Europe. The Group now consists of 26 production units in 13 countries.
Investors in a startup company that will manufacture insulated wire and cable announced that they plan to launch operations in Marshall County, Indiana.
Per a report by Inside Indiana Business, the Indiana Economic Development Corp. said that the business, Sequel Wire and Cable LLC (Sequel), plans to begin operations early next year at the 50,000-sq-ft Argos Manufacturing Center in Argos.
The release cited Sequel co-founder James Merritt as saying that its long-term goal is to expand the new facility, tripling its size, with a total investment of some $54 million. The project is expected to create as many as 120 jobs by the end of 2024. Sequel will focus on using new technologies. It expects to have 26 employees by the end of 2020, adding more as the expansion is completed.