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Nexans announced that the company has acquired Electro Cables Inc., a Canadian manufacturer of low-voltage cable systems and service-focused solutions.

A press release said that the strategic acquisition reinforces Nexans’s PWR-Connect business in Canada, expanding its capabilities to serve fast-growing markets and supporting Nexans help electrify the future in a safe, sustainable, and connected way. Founded in 1985, Electro Cables is a family-owned business headquartered in Trenton, Ontario, where it operates two manufacturing facilities that together employ about 200 people who make low-voltage electrical and electronic cable products for customers in Canada and abroad.

 “The acquisition of Electro Cables brings complementary expertise and a strong reputation for quality in low-voltage solutions in Canada,” said Nexans CEO Julien Hueber. “Their positioning perfectly aligns with Nexans’ strategy and complements Nexans’ offer in a dynamic market.”

LS Cable & System (LS C&S) has started construction on the Donghae-Singhamyeong transmission network  project of the Korea Electric Power Corporation (KEPCO) that will see the installation of the world’s first commercialized 500 kV 90°C (high-temperature) HVDC cable.

A press release said that the Phase 1 project of the Donghae-Capital Area Initiative will transmit power generated in the Donghae region to the Seoul Metropolitan Area. It is seen as a core part of the national power supply.

The cable being used in this project is a high-specification product that can increase the transmission capacity by up to 50%, as the conductor’s permissible temperature is higher than existing 70°C products. Its technological capability was officially recognized when it passed KEPCO’s preliminary qualification screening last June.

LS C&S said that it is the only South Korean company with experience executing both submarine and underground HVDC projects. It cited domestic HVDC cable projects that include Jeju-Jindo, Jeju-Wando and Bukdangjin-Godeok, and is the sole supplier for the entire length of this current project. 

“Commercialization experience is key in HVDC projects to secure power grid stability,” a company official said the release. “We will actively expand our participation in major domestic and international projects, such as the West Coast HVDC Energy Highway, the Donghae-Capital Area Phase 2, and the European TenneT project.”

Canada has included steel wire from the U.S. in its latest round of steel trade measures, confirming a global 25% tariff that took effect on Dec. 26, 2025.

“Canada will impose a global 25% tariff on targeted imported steel-derivative products such as wind towers, prefabricated buildings, fasteners, and specified iron or steel wire products,” the federal government stated, noting that it would“defend Canadian workers and our steel industry from unfair and destabilizing trade practices.”

​The measure is part of Ottawa’s broader push to counter global steel overcapacity and dumping pressures and complements separate Canadian responses to U.S. tariffs on Canadian steel and aluminum. At the same time, Canada has a separate 25% retaliatory surtax on a large basket of U.S.-origin goods under the United States Surtax Order (2025‑1), initially covering about C$30 billion in annual trade, with coverage defined by detailed HS‑code schedules. Government listings and advisory summaries describe this as a structured retaliation framework rather than a simple, automatically additive 50% duty on items that may also qualify as “steel derivatives”; whether a particular shipment faces one or both 25% measures depends on its tariff classification and origin.

Trade lawyers caution that classification will matter: importers will need to check HS codes and tariff items to see whether a given fastener or steel‑wire shipment from the U.S. is caught by the U.S.-origin surtax, the global steel‑derivative measure, or both in practice, an issue likely to generate rulings and clarifications over 2026.

StoneTree Investment Partners, a Dallas, Texas-based private equity firm, has acquired Reel Power International, a supplier of capital equipment. The transaction includes Reel Power’s headquarters and large manufacturing facility in Oklahoma City, Oklahoma, which produces equipment for reeling, coiling, spooling and handling of wire and cable.

“This partnership positions Reel Power to accelerate innovation and expand capabilities for our customers,” said Reel Power CEO Joe Henry. “Reel Power’s collaborative approach and focus on reliability have built long-standing relationships with leading companies in the wire and cable, medical, consumer and energy industries. Together, we will strengthen that value by investing in new technologies and solutions that make our customers’ operations safer and more efficient.”

Reel Power Industrial (RPI) will continue to operate from its Oklahoma City location. The transaction also includes Reel Power Marine & Energy, headquartered and manufacturing in Houston, Texas, which serves offshore and energy-sector customers.

Marmon Fastener Company, a unit of Berkshire Hathaway’s Marmon Holdings, has leased a ready-built factory at BW Nhon Trach 1 Industrial Park in Dong Nai Province, marking its first production base in Vietnam.

A press release said that the facility, totaling some 6,090 sq m, was arranged with advisory support from Savills Vietnam’s Industrial Services team and landlord BW Industrial Development JSC. Marmon plans to use the site to manufacture fasteners—specifically screws and related products—for the North American market, reinforcing its supply chain resilience while maintaining a strong U.S. focus.​

“We have worked with the Savills Industrial Services Group for over two years to locate a suitable facility for the manufacture of fastening products for our markets in North America,” said Steve Semmler, President of Marmon Fastener Co. He credited Savills’ diligence and patience in helping the company select BW Nhon Trach 1 after an extended search, emphasizing that leasing a ready-built factory allows Marmon to accelerate its market entry while it evaluates long-term options.

BW Industrial’s CEO, Lance Li, noted that leasing can cut ramp-up time to roughly six to nine months, giving global manufacturers speed and flexibility before committing to build-to-suit facilities.​

 The company positions the Vietnam plant as a strategic production hub rather than a simple export outpost. By locating in Dong Nai, the company can leverage the local area’s skilled labor pool, stable economic growth, competitive costs and strong industrial infrastructure to build a more flexible and cost-effective global supply chain. The investment was a logical extension of its global footprint and Berkshire Hathaway’s broader manufacturing portfolio.

Italy’s Tratos has delivered 10 superconducting cables to CERN in the Geneva region for use in the world’s largest and most powerful particle accelerator (Large Hadron Collider - LHC).

A press release said that the delivery is part of the High Luminosity LHC project, which aims to significantly increase the collider’s luminosity to enable new advances in fundamental physics. The supply was carried out through ICAS, a leading superconductivity consortium created as an ENEA spin-off that includes Tratos Cavi and Criotec Impianti. The project drew on the ENEA Superconductivity Laboratory and Tratos’ technical and industrial expertise to develop highly innovative cable systems; two of the 10 cables have already been tested under operating conditions and are ready for installation.

​The approximately 100‑m‑long cables are based on magnesium diboride (MgB2) technology developed for the High Luminosity LHC (HL‑LHC) upgrade, where CERN and industrial partners are deploying large‑scale MgB2 links to increase luminosity and improve overall collider performance.

The MgB2 cables are housed in a flexible cryostat and cooled by forced‑flow gaseous helium so they can carry very high electrical currents—together, on the order of 100,000 amperes—between the power supplies and the LHC’s superconducting magnets. “These complex systems are the result of research, development and engineering activities that have demonstrated the potential of magnesium diboride superconductors for efficient high‑power transport,” said Alessandro Dodaro, director of the ENEA Nuclear Department, noting that the work reflects close collaboration between CERN and industry to meet the stringent quality and control standards of major international scientific projects.

Westlake Corporation announced that it will shut several of its North American plants that make key PVC and related feedstocks due to business conditions.

A press release said that the company will close its suspension PVC plant in Aberdeen, Mississippi, which has 1 billion lb/year of PVC capacity; its vinyl chloride monomer (VCM) plant in Lake Charles, Louisiana, with 910 million lb/year of VCM capacity; one diaphragm chloralkali unit at the Lake Charles site with 825 million lb/year of chlorine and 910 million lb/year of caustic soda capacity; and its 570 million lb/year styrene plant at Lake Charles. Westlake said it will continue supplying customers with PVC, VCM and chloralkali products from its seven other North American chlorovinyl facilities.

In the same release, Westlake stated that “persistent, challenging market conditions in the global chlorovinyls and styrene markets require us to take decisive action to improve our overall cost position and asset efficiency,” adding that the rationalization will better align production with “current and anticipated demand” while still reliably serving customers. The company said that after the shutdowns it will retain 5.52 billion lb/year of PVC capacity globally, including 4.9 billion lb/year in North America, as well as 7.63 billion lb/year of VCM and 6.68 billion lb/year of chlorine capacity.

An article in PlasticsToday noted that Westlake is targeting older, higher cost assets facing expensive logistics and weaker export margins. An analysis by ICIS and other industry outlets linked the timing to a period of overcapacity and softer downstream demand, particularly in construction driven PVC applications, even as producers anticipate a potential recovery in PVC demand around 2026.

Westlake is not the only U.S. supplier to adjust capacity. An ICIS report said that Olin Corporation plans to shut about 450,000 ECU of asbestos diaphragm chloralkali capacity at Freeport, Texas, after already closing an older diaphragm unit at McIntosh, Alabama, while converting its Plaquemine, Louisiana, chloralkali facilities to non-asbestos technology. Argus and other sources have pointed out that major PVC producers Formosa and Shintech recently brought significant new PVC capacity online in the U.S., contributing to the current oversupplied environment.

Gold Cup Electric Apparatus Co., Ltd., a Chinese manufacturer of magnetic conductors, reports that it has committed approximately $100 million to build its first European production plant in Planá u Mariánských Lázní, Czechia.

Per a press release from CzechInvest, a subsidiary—Gold Cup Electric Electromagnet Wires Co., Ltd. (Gold Cup Wire)—will locate the new plant on the site of a former chocolate packaging factory. It will be designed to annually produce up to 20,000 tons of magnetic conductors for use in transformers, electric motors and equipment for renewable energy and electric vehicles.

The manufacturing process will be highly automated, with minimal requirements for manual labor. Some 70 jobs will be created in the first phase, with this figure expected to rise to as many as 200 by 2028.

Per CzechInvest/company statements, the Czech facility will manufacture magnetic conductors and electromagnetic wire (flat and round), not finished power or data cables. That output will be marketed to other firms that then incorporate into complete cables, transformers and electric machines. The initiative represents “the first time such advanced magnetic-wire production has moved from Asia to the continent.” said Gold Cup Wire CEO Fred Feng. He described it as a milestone for Czechia and Europe.

 “In recent years, foreign companies have shown interest in moving production closer to their markets, creating opportunities for Central and Eastern Europe to attract high-tech investment (such as this),” said Gabriela Bauerová of CzechInvest.

Sumitomo Electric announced that it will supply and install 140 km of 525 kV High Voltage Direct Current (HVDC) cable for the Sea Link project in the U.K.

A press release said that the contract from National Grid Electricity Transmission PLC (NGET) is for the “Sea Link” between Kent and Suffolk in the U.K. The 2 GW link will connect new converter stations in each county via a subsea route through the Thames Estuary and southern North Sea to increase the capability of the network to carry low-carbon and renewable power.

The submarine cable will be manufactured in Sumitomo Electric’s factory at Port of Nigg in Scotland, with construction set to begin in 2027. Sea Link is one of NGET’s infrastructure projects under “The Great Grid Upgrade,” which aims to substantially increase electricity transmission capacity in the U.K. and deliver cleaner energy to homes and businesses.

The Port of Nigg facility was built to actively contribute to the U.K.’s critical electricity transmission infrastructure construction for the Clean Power 2030 Action Plan and the Net Zero 2050 initiatives. The factory, once fully operational, will create more than 200 direct jobs as well as numerous jobs in associated and supporting future supply chains, including additional personnel directly related to the execution and installation of projects such as Sea Link.

It will work alongside project partners Siemens Energy and marine contractor Van Oord.

China’s Jiangsu Hengtong Wire & Cable Technology Co., Ltd., a subsidiary of Hengtong Group, reports that it was ranked first and successfully won the largest share in China Mobile’s centralized procurement project for LV flexible power cables for telecommunications use.

A press release said that the project involves a total of 50,250,400 meters/50,250 km of LV flexible power cables, of which Hengtong Cable secured 27.78%. Other awards were not announced. The contract will support China Mobile’s large scale telecom power build out, highlighting LV flexible power cables.

The press release does not specify which regions of China this procurement will serve, when deliveries begin or the contract duration. China Mobile provides communications and information services in all 31 provinces, autonomous regions, and directly administered municipalities of mainland China as well as Hong Kong, and holds about 61% of China’s wireless market with a mobile subscriber base exceeding 1 billion users as of 2024.

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