Eindhoven, Netherlands
Eindhoven, Netherlands

Time filter

Source Type

Milan, 11 May, 2017 - Prysmian Group, world leader in the energy and telecom cable systems industry, and the Italian Permanent Representation to the EU today co-hosted a meeting with Ambassadors, Commission officials, the European Investment Bank and telecoms industry representatives, to discuss the EU’s ambitions for its telecoms networks at a crucial moment in the legislative process. With the Parliament poised to finalise its negotiating position on the telecoms reform, and the Council not far behind, the Italian Deputy Permanent Representative, Giovanni Pugliese, was joined by his counterparts from Portugal, Denmark, Romania, Croatia, Hungary, and Finland. Discussion centred on the need to build on the Commission’s vision for a connected society, and how to move from vision to implementation at the Member State and regional level. Ambassador Pugliese commented: “In Italy and other Member States we have seen steadily climbing demand for both mobile data and fixed ultra broadband internet access. We are addressing this demand with specific instruments to develop future-proof networks starting from market failure areas. We need a European framework that will sustain the investment conditions that allow the expansion of the underlying telecom networks to match future demand.” A key issue being discussed in both the European Parliament and Council is what constitutes a very high capacity network. The more ambitious members of both institutions are pushing for a more stringent definition that emphasises the role of fibre, and will ensure that the networks matching this standard are truly future-proof. As pointed out during the lunch-debate, the advantage of optical fibre in this regard is not only that it is able to out-perform other technologies in terms of download speed, but also on other key measures including latency, reliability and upload speed. With talk focussed on the European vision, Philippe Vanhille, Senior Vice President Telecom Business at Prysmian Group, drew attention back to the need to ensure this vision was endorsed by Member States also. He stated: “Member States are due to update or renew their national broadband plans. We expect to see an appropriate level of ambition in these plans, with targets in terms of coverage and connectivity that will place Europe in the position to become a global digital leader. We also hope that decision makers will optimize Capex and Opex by choosing the best solutions, building robust and future-proof infrastructures.” Prysmian Group Prysmian Group is world leader in the energy and telecom cable systems industry. With nearly 140 years of experience, sales of over €7.5 billion in 2016, 21,000 employees across 50 countries and 82 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.


News Article | May 11, 2017
Site: www.prnewswire.com

Based in Glen Allen, Va., Straight Path holds millimeter wave spectrum configured for 5G services, including 39 GHz licenses that serve the entire country and 28 GHz assets in major markets. "Verizon now has all of the pieces in place to quickly accelerate the deployment of 5G," said Hans Vestberg, executive vice president and president of global network and technology at Verizon. "Combined with our recent transactions with Corning Incorporated, XO Communications, and Prysmian Group, this is another step to build the next-generation network for our customers." Debevoise & Plimpton LLP is acting as legal counsel to Verizon in connection with the transaction. Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, has a diverse workforce of 161,000 and generated nearly $126 billion in 2016 revenues. Verizon operates America's most reliable wireless network, with 113.9 million retail connections nationwide. The company also provides communications and entertainment services over mobile broadband and the nation's premier all-fiber network, and delivers integrated business solutions to customers worldwide. VERIZON'S ONLINE NEWS CENTER: News releases, feature stories, executive biographies and media contacts are available at Verizon's online News Center at www.verizon.com/news/. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/. Where to Find Additional Information This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. This communication may be deemed to be solicitation material in respect of the proposed merger between Verizon Communications Inc. ("Verizon") and Straight Path Communications Inc. ("Straight Path"). In connection with the proposed merger, Verizon intends to file a registration statement on Form S-4, containing a proxy statement/prospectus with the Securities and Exchange Commission (the "SEC"). INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT/PROSPECTUS WHEN IT BECOMES AVAILABLE, BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders may obtain a free copy of the proxy statement/prospectus (when available) and other documents filed by Verizon and Straight Path with the SEC at http://www.sec.gov. Free copies of the proxy statement/prospectus, once available, and each company's other filings with the SEC may also be obtained from the respective companies. Free copies of documents filed with the SEC by Verizon will be made available free of charge on Verizon's investor relations website at http://www.verizon.com/about/investors. Free copies of documents filed with the SEC by Straight Path will be made available free of charge on Straight Path's investor relations website at http://spathinc.com/investors/. Participants in the Solicitation Verizon and its directors and executive officers, and Straight Path and its directors and executive officers, may be deemed to be participants in the solicitation of proxies from the holders of Straight Path common stock in respect of the proposed merger. Information about the directors and executive officers of Verizon is set forth in the proxy statement for Verizon Communications Inc. 2017 Annual Meeting of Stockholders, which was filed with the SEC on March 20, 2017. Information about the directors and executive officers of Straight Path is set forth in the proxy statement for Straight Path Communications, Inc.'s 2017 Annual Meeting of Stockholders, which was filed with the SEC on November 22, 2016. Investors may obtain additional information regarding the interest of such participants by reading the proxy statement/prospectus regarding the proposed merger when it becomes available. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/verizon-to-acquire-straight-path-spectrum-to-accelerate-5g-deployment-300456169.html


News Article | May 9, 2017
Site: www.prnewswire.co.uk

Rising investments by developing countries towards construction and infrastructure sector will drive the global power and control cable market size. Introduction of smart city initiatives across several countries including China, India and UAE will further stimulate the product demand. In 2015, the National Development Bank of China in collaboration with the Ministry of Housing and Urban-Rural Development announced an investment of over USD 12.8 billion towards the advancement of country's national smart city project. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1502 Growing measures to strengthen the transmission and distribution network to cater the growing electricity demand will embellish the power and control cable market. As per the U.S. Energy Information Administration, the global electricity demand has expanded over 3% from the past six years however, it is 16% lower than the generated electricity owing to inefficient grid infrastructure. Utilities across the globe are making significant investments to enhance their transmission capability with the aim to reduce the energy loss which will positively impact the business outlook. In 2016, the U.S. Federal Government announced USD 10 billion grant to reduce the curtailment rate across their western transmission network through the development of new and improved grid infrastructure. Asia Pacific power and control cable market size is set to exceed USD 100 billion by 2024. Ongoing rural electrification program coupled with increasing demand for reliable and safe electricity will positively impact the industry size. Positive outlook towards renewable energy with growing industrialization will further boost the product demand. Browse key industry insights spread across 190 pages with 264 market data tables & 9 figures & charts from this 2017 report Power And Control Cable Market in detail along with the table of contents: Adoption of microgrid network and favorable government initiatives towards expansion of T&D networks to interconnect renewable sources with the central and state grids will complement the MV power and control cable market. In 2016, Belgium based Tideway B.V. awarded USD 14.19 million contract to Prysmian Group for the supply of 33kV MV inter array submarine cables for its 309 MW offshore wind farm projects. UK power and control cable market is set to expand over 3% over the forecast timeline. Government initiatives to shift the dependency to sustainable energy sources will augment the industry outlook. The Réseau de Transport d'Electricité (RTE) and UK National Grid awarded a contract worth USD 290 million to ABB, to develop high-voltage direct current technology aimed at interconnecting electric networks between UK and France. The company will provide two high-voltage HVDC light converter stations that will be linked by a subsea cable. Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1502 Middle East & Africa power and control cable market share is set to expand over 7% by 2024. Growing investments towards rebuilding of war affected countries including Syria along with extension of transmission and distribution network will fuel the industry size. According to Siemens, the region is set to increase its current electricity generation capacity by 66% over the next 15 years. Notable players across the power and control cable market include Polycab, Prysmian, CMI, Havells, Nexans, LS Cable & System, Furukawa Electric, Southwire, General Cable and Sumitomo Electric Industries. U.S. Commercial Boiler Market size was over USD 850 million in 2016 and the annual installation is set to exceed 80,000 units by 2024. Increasing government spending towards healthcare and education sector will stimulate the U.S. commercial boiler market size. Combined Heat And Power Market size for 2016 was valued over USD 20 billion, with annual installed capacity to exceed 25 GW by 2024. Shifting trends from conventional to sustainable energy along with growing demand for captive power generation will positively drive the combined heat and power market size. Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


News Article | May 9, 2017
Site: www.prnewswire.com

Rising investments by developing countries towards construction and infrastructure sector will drive the global power and control cable market size. Introduction of smart city initiatives across several countries including China, India and UAE will further stimulate the product demand. In 2015, the National Development Bank of China in collaboration with the Ministry of Housing and Urban-Rural Development announced an investment of over USD 12.8 billion towards the advancement of country's national smart city project. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1502 Growing measures to strengthen the transmission and distribution network to cater the growing electricity demand will embellish the power and control cable market. As per the U.S. Energy Information Administration, the global electricity demand has expanded over 3% from the past six years however, it is 16% lower than the generated electricity owing to inefficient grid infrastructure. Utilities across the globe are making significant investments to enhance their transmission capability with the aim to reduce the energy loss which will positively impact the business outlook. In 2016, the U.S. Federal Government announced USD 10 billion grant to reduce the curtailment rate across their western transmission network through the development of new and improved grid infrastructure. Asia Pacific power and control cable market size is set to exceed USD 100 billion by 2024. Ongoing rural electrification program coupled with increasing demand for reliable and safe electricity will positively impact the industry size. Positive outlook towards renewable energy with growing industrialization will further boost the product demand. Browse key industry insights spread across 190 pages with 264 market data tables & 9 figures & charts from this 2017 report Power And Control Cable Market in detail along with the table of contents: Adoption of microgrid network and favorable government initiatives towards expansion of T&D networks to interconnect renewable sources with the central and state grids will complement the MV power and control cable market. In 2016, Belgium based Tideway B.V. awarded USD 14.19 million contract to Prysmian Group for the supply of 33kV MV inter array submarine cables for its 309 MW offshore wind farm projects. UK power and control cable market is set to expand over 3% over the forecast timeline. Government initiatives to shift the dependency to sustainable energy sources will augment the industry outlook. The Réseau de Transport d'Electricité (RTE) and UK National Grid awarded a contract worth USD 290 million to ABB, to develop high-voltage direct current technology aimed at interconnecting electric networks between UK and France. The company will provide two high-voltage HVDC light converter stations that will be linked by a subsea cable. Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1502 Middle East & Africa power and control cable market share is set to expand over 7% by 2024. Growing investments towards rebuilding of war affected countries including Syria along with extension of transmission and distribution network will fuel the industry size. According to Siemens, the region is set to increase its current electricity generation capacity by 66% over the next 15 years. Notable players across the power and control cable market include Polycab, Prysmian, CMI, Havells, Nexans, LS Cable & System, Furukawa Electric, Southwire, General Cable and Sumitomo Electric Industries. U.S. Commercial Boiler Market size was over USD 850 million in 2016 and the annual installation is set to exceed 80,000 units by 2024. Increasing government spending towards healthcare and education sector will stimulate the U.S. commercial boiler market size. Combined Heat And Power Market size for 2016 was valued over USD 20 billion, with annual installed capacity to exceed 25 GW by 2024. Shifting trends from conventional to sustainable energy along with growing demand for captive power generation will positively drive the combined heat and power market size. Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


News Article | May 18, 2017
Site: www.realwire.com

Created with Softec, it focuses on storytelling and branded content to be the voice of the industry Milan, 18 May 2017 - Prysmian Group, world leader in the energy and telecom cable systems industry, is launching the new corporate website www.prysmiangroup.com, featuring a new design and content created in a restyling project carried out as part of the Group’s more extensive digital transformation strategy. The new website, which brings with it a legacy of approximately six million pageviews a year and features versions customised by country, with over 30 multilingual sites, has been designed and developed to offer a simple, yet compelling user experience accessible and usable from any type of device. The site, which reflects the Group’s strategy focused on innovation, takes a customer-centric approach thanks to its internal search function, which indexes approximately 1,700 products, and to the apps, services and digital tools offered to provide access to personalised solutions. In addition, the “Investor” and “Media” sections contain interactive widgets and a library of presentations, press releases and financial content specifically conceived for investors, whereas in the “Careers” section visitors may view open positions at the global level and access the CV submission platform. “The new site represents an important stage of our Digital Transformation process,” stated Stefano Brandinali, CIO of Prysmian Group. “It is also an opportunity to tell, from a new and different point of view, the story of what we have been doing passionately for 140 years, thanks to our large international projects, putting people at the centre of our stories.” The site’s new features are not limited to technology, but also revolve around content that comes to life in the form of stories, interviews and in-depth information in all fields of knowledge where Prysmian Group is able to make a valuable contribution, from technological innovation to manufacturing excellence, sustainability, talent development, ethical practices and international business experience. Storytelling and branded content will be a constant focus, not just for the over 140,000 monthly visitors to the Group’s sites, but also for those who interact with Prysmian through the various social channels in which it is active. “Our customers have always been a priority. Hence our decision to focus on the digital channel as a way of engaging in dialogue with them and all of our other stakeholders,” commented Lorenzo Caruso, Corporate & Business Communications Director, Prysmian Group. “This is why we wanted to revamp and redesign the site to create an innovative experience that uses interesting content to share our values and what makes us the worldwide leaders of our industry.” “A highly user-centric design approach and high-quality content in line with the needs of users and corporate storytelling: the aim is to reinforce the digital identity and support the business development of the Prysmian Group,” stated Luca Spotti, Vice President and Managing Director of Softec. “We have worked in a co-design environment with the internal stakeholders, who have shared all the design phases with us, from digital strategy to the going-live of the new website, through workshops and brainstorming sessions.” Prysmian Group Prysmian Group is world leader in the energy and telecom cable systems industry. With almost 140 years of experience, sales exceeding €7.5 billion in 2016, 21,000 employees across 50 countries and 82 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index. Softec Softec SpA, listed on AIM Italia and part of the Fullsix Group, is a leading company in Italy able to provide comprehensive coverage of the needs of the digital communication market, thanks to 4 highly specialised business lines (Experience Design, Conversion Marketing, Strategic Technology and Digital Platform), proprietary tools and exclusive partnerships with the market’s main operators.


News Article | April 20, 2017
Site: www.realwire.com

Move comes to support increased demand for UK and European offshore wind farms Southampton, 20 April 2017 - Prysmian Group, world leader in the energy and telecom cable systems industry, announces the capability of its UK production facility in Wrexham to manufacture both 33 kV and 66 kV submarine cable cores used for the inter-array cable connections in offshore wind farms. The new product line will enable the linking and collecting of power produced by offshore wind turbines before onward transmission to the onshore grid. Prysmian is the largest manufacturer of cable and accessories in the UK. Recently celebrating 100 years of history, it operates multiple factories and provides extensive cable installation and test services to the highest voltage levels across England, Scotland, Wales, Northern Ireland and beyond. Its high voltage facility in Wrexham is the only factory in the UK that is capable of manufacturing these submarine cable cores. Llyr Roberts, CEO Prysmian UK comments “Our Wrexham factory has been manufacturing the highest quality cables for decades and we are delighted to be directing this depth of experience and know-how to products that will further grow the business, sustain and create local jobs and provide UK manufactured cables for the next generation of UK and European offshore wind farms.” In the UK, Prysmian already has an established and strong presence serving the offshore wind energy sector. Alongside a dedicated submarine operations and engineering office in Chelmsford, Prysmian operates an offshore logistics and services base in Middlesbrough, which serves as a centre of excellence offering maintenance, repair and cable storage services for all offshore cabling. It is also in Middlesbrough where the Prysmian cable laying vessel, Cable Enterprise, is based. The site is also home to an extensive range of cable burial and protection equipment, underpinning the EPCI capability of Prysmian to execute submarine cable projects. Prysmian UK Prysmian – manufacturer of the famous fire protection FP range for more than 30 years - is the largest cable manufacturer in the UK with over 100 years of experience. The UK operation employs more than 1,300 personnel across four sites and is well placed to support its local and global customer base with energy and telecom cables and accessories with varying voltage capacities. At higher voltages, Prysmian offers a maintenance and installation service via its Energy Network Solutions business unit. Its XLPE Xpress service delivers high voltage cables and accessories from stock. At lower voltages Prysmian's comprehensive range of building wires and power cables are available through a first class network of wholesalers and distributors. Prysmian Group Prysmian Group is world leader in the energy and telecom cables and systems industry. With nearly 140 years of experience, sales of over €7.5 billion in 2016, 21,000 employees across 50 countries and 82 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.


Both Prysmian and Verizon feel strongly that demand and supply for next-generation passive optical network (NGPON2) will last well beyond 2020 as new technologies like 5G and the IoT become reality. Prysmian will make a significant investment through 2018 in its US based optical cable organization to support this project and the growth of major telecoms carriers in North America. The Group has a strong heritage in manufacturing optical fiber and cable for a broad range of applications, and has three telecom production sites in the United States, two for the production of optical cable and one for optical fiber, thus continuing its tradition as global leader in the development and design of fiber optic cabling solutions. Prysmian Group's telecom division has qualified as an optical fiber, optical cable and connectivity solutions provider to Verizon for more than a decade. Viju Menon, Verizon's chief supply chain officer, said, "Prysmian Group's telecom division is an established optical cable and connectivity solutions provider to Verizon. This strategic supply agreement helps ensure we can ramp supply in order to expand our network capacity and speed 5G deployment." Philippe Vanhille, SVP Telecom at Prysmian Group, commented "As the world goes wireless, wireless is drawn to fiber. Economic growth and consumer demand depend largely on superfast, gigabit broadband connectivity that is always available. Our pronouncement is that this is best delivered over a fixed optical network." An aspect of the Prysmian Group and Verizon supply deal involves diversity partnerships, a concept of innovation that goes beyond technology, to include social and sustainability imperatives. A percentage of business will flow through material management services offered by third party handlers that are owned and operated by certified woman business owned enterprises. For more information about Prysmian Group, visit http://na.prysmiangroup.com. Prysmian North America With 10 plants employing over 2.000 people and revenue of $1.4B in 2016, Prysmian Group North America serve both the telecom and energy cable markets. Telecom Cables & Systems produces optical fibers, optical cables and connectivity for video, data and voice transmission. Prysmian Group has two fiber optic manufacturing facilities in the United States, including the only co-located fiber and cable facility in North America. In the energy business, Prysmian design and produce cables and systems for the transmission and distribution of low, medium, high and extra high voltage systems. Prysmian Group Prysmian Group is world leader in the energy and telecom cable systems industry. With nearly 140 years of experience, sales of over €7.5 billion in 2016, 21,000 employees across 50 countries and 82 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index. This press release is available on the company website at www.prysmiangroup.com and in the mechanism for the central storage of regulated information provided by Spafid Connect S.p.A. at www.emarketstorage.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/prysmian-awarded-a-300-million-optical-cable-supply-agreement-from-verizon-communications-300452721.html


The Group will make significant investments in North America optical cable organization to support the development of 5G and new broadband networks Milan, 8 May, 2017 - Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a significant supply agreement from the US telecom company Verizon Communications (NYSE, Nasdaq: VZ) to support the company’s US network expansion around a next-generation fiber platform that will speed the deployment of 5G services, while improving 4G LTE and other broadband capacity. The three-year contract is worth approximately $300 million and will include the supplying of more than 17 million fiber kilometres of ribbon and loose tube cables. “As a recognized global leading producer of optical cables, supporting the most advanced infrastructure of many of the world’s telecom operators, Prysmian Group is proud to have been chosen by Verizon as partner for the development of such a strategic project,” said Hakan Ozmen, CEO of Prysmian Group North America. Both Prysmian and Verizon feel strongly that demand and supply for the next-generation passive optical network (NGPON2) will last well beyond 2020 as new technologies like 5G and the IoT become reality. Prysmian will make a significant investment through 2018 in its US-based optical cable organization to support this project and the growth of major telecoms carriers in North America. The Group has a strong heritage in manufacturing optical fiber and cable for a broad range of applications, and has three telecom production sites in the United States, two for the production of optical cable and one for optical fiber, thus continuing its tradition as global leader in the development and design of fiber optic cabling solutions. Prysmian Group’s telecom division has qualified as an optical fiber, optical cable and connectivity solutions provider to Verizon for more than a decade. Viju Menon, Verizon's chief supply chain officer, said, “Prysmian Group’s telecom division is an established optical cable and connectivity solutions provider to Verizon. This strategic supply agreement helps ensure we can ramp supply in order to expand our network capacity and speed 5G deployment.” Philippe Vanhille, SVP Telecom at Prysmian Group, commented, “As the world goes wireless, wireless is drawn to fiber. Economic growth and consumer demand depend largely on superfast, gigabit broadband connectivity that is always available. Our pronouncement is that this is best delivered over a fixed optical network.” An aspect of the Prysmian Group and Verizon supply deal involves diversity partnerships, a concept of innovation that goes beyond technology, to include social and sustainability imperatives. A percentage of business will flow through material management services offered by third party handlers that are owned and operated by certified woman business-owned enterprises. Prysmian North America With 10 plants employing over 2.000 people and revenue of $1.4B in 2016, Prysmian Group North America serve both the telecom and energy cable markets. Telecom Cables & Systems produces optical fibers, optical cables and connectivity for video, data and voice transmission. Prysmian Group has two fiber optic manufacturing facilities in the United States, including the only co-located fiber and cable facility in North America. In the energy business, Prysmian design and produce cables and systems for the transmission and distribution of low, medium, high and extra high voltage systems. Prysmian Group Prysmian Group is world leader in the energy and telecom cable systems industry. With nearly 140 years of experience, sales of over €7.5 billion in 2016, 21,000 employees across 50 countries and 82 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.


News Article | May 30, 2017
Site: www.realwire.com

Aim is to fit nanotechnologies to cable systems for power grids, telecom networks and industrial applications Milan, 30 May 2017 - Prysmian Group, world leader in the energy and telecom cable systems industry, and Nanocomp Technologies Inc., a world-leading U.S. company specialised in the production of carbon nanotube-based products and materials, have signed a technology cooperation agreement aimed at testing and improving the use of these technologies in power transmission, power distribution, telecom networks, control and instrumentation applications. The firms have also agreed to evaluate, at a later stage of the project, whether to commence large-scale production of products and technologies developed as part of this research. The interest of the two companies is driven by the high potential offered by Nanocomp’s Miralon® carbon nanotube’s intrinsic characteristics in terms of mechanical resistance, low weight, chemical inertness, very high degree of flexibility, and electrical and heat conductivity. Partnerships with universities around the world and advanced research centres are key to Prysmian’s R&D activities. By signing this agreement, the Group confirms its focus on innovation, centred not only on the development and improvement of its core business, but also on new technologies and materials, enabling ground-breaking achievements in rapidly expanding market segments. Prysmian Group Prysmian Group is world leader in the energy and telecom cable systems industry. With nearly 140 years of experience, sales of over €7.5 billion in 2016, 21,000 employees across 50 countries and 82 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index. Nanocomp Technologies, Inc. Nanocomp Technologies is the leading commercial producer of high-performance strong, light and conductive sheets, tapes and yarns, comprised of multi-millimeter long carbon nanotubes. The company’s Miralon® product family enables a new generation of lightweight, energy-saving structural, electrical, heating and shielding product offerings that are lauded for performing exceptionally well in harsh environments. Nanocomp is headquartered in Merrimack, NH. For additional information, please visit www.nanocomptech.com.

Loading Prysmian Group collaborators
Loading Prysmian Group collaborators