TCD News  
 

TCD Newsletter 

TCD Project News includes articles on
ODIM wins NOK 95 million deepwater contract from China
Technip Awarded Contract for the Babbage Development in United Kingdom North Sea
PSN secures extension to UK contract with Chevron
Hunan Valin Steel unit considers 9 bln yuan stainless steel project
Voith Siemens Hydro Receives $26.2 Million in New Contract Awards

TCD Manufacturing News includes articles on
Prysmian S.P.A. Launches Share Buyback Plan
Ten 47 launch new ‘LUGIT’ cable jointing system
Operation Odyssey Bio at Derriford Hospital, Plymouth
Molex Helps Petrochemical Firms Optimize Operations in Harsh Environments with Woodhead® Electrical and Safety Products
Anixter completes acquisition of World Class Wire & Cable

TCD Industry News includes articles on
Venture Announces Further CMS Gas Acquisition
KDB likely to pick preferred bidder for Daewoo Shipbuilding later this month
Environmental Business Boost for Xodus
 BASF completes capacity expansion at facility in Spain to meet growing demand for polyolefin catalysts
Rio restarts shut capacity at NZ aluminium plant

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 Maser Communications offers a unique service to the Australian Electrical Industry, which they have been serving since 1997. Maser Communications are a specialist provider of electrical and electronic wire and cable, offering over 30,000 wire and cable products sources from key suppliers worldwide such as Dekoron, Belden, Leoni, Draka Comteq, Dialight and many more.

Huber + Suhner is a leading global supplier of components and systems for electrical and optical connectivity. The industrial group with headquarters in Switzerland was established in 1969. Today, it operates 17 subsidiaries and employs 3200 persons in all markets of the world and is represented by 100 distributors in additional countries.

 Middle East Specialized Cables Company (MESC) is the manufacturer of industrial, Instrumentation and process control cables in addition to many other types of cables that are manufactured to international standards tested and certified by worldwide prestigious institutions. It is an ISO 9001:2000 and ISO 14001:2004 certified for all its activities right from the selection of raw material suppliers, schedule planning, production, testing up to the delivery of the cables.


 
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Project News  
 

  ODIM wins NOK 95 million deepwater contract from China
An order worth about NOK 95 million for two advanced deepwater cranes has been awarded to ODIM by China’s Zhejiang Shipyard, a subsidiary of Sinopacific Shipbuilding Group. The contract relates to two 150-tonne ODIM ABAS deepwater cranes, featuring active heave compensation which makes it possible to use the equipment in tough weather conditions.
....

 
Technip Awarded Contract for the Babbage Development in United Kingdom North Sea
Technip has been awarded by E.ON Ruhrgas UK North Sea Ltd. a lumpsum contract, worth approximately €32 million, for the development of the Babbage gas field located in the United Kingdom Southern North Sea. Under this contract, Technip will install a subsea pipeline system to export gas from the new Babbage platform to existing subsea infrastructure located within the “West Sole Bravo 500 meters zone” at a water depth of 25 meters.
....

 
PSN secures extension to UK contract with Chevron
Production Services Network (PSN), the international energy services company based in Aberdeen, has secured a one year contract extension from Chevron Upstream Europe to provide Engineering and Construction Support to its UK assets.
....

 
Hunan Valin Steel unit considers 9 bln yuan stainless steel project
Hunan Valin Steel Co Ltd (SZA 000932), in which Arcelor Mittal holds a 29.48 pct stake, said its Hunan Valin Xiangtan Iron & Steel Co Ltd unit is considering a stainless steel project with an estimated investment of 9 bln yuan.


 
Voith Siemens Hydro Receives $26.2 Million in New Contract Award
Voith Siemens Hydro Power has been awarded $26.2 million for hydro power equipment replacement and refurbishment at two hydro power generation facilities in the western United States. The United States Army Corps of Engineers awarded Voith Siemens Hydro Power a $19.1 million contract for the rehabilitation of Lookout Point Dam in Lowell, OR. The U.S. Bureau of Reclamation selected Voith Siemens Hydro to perform a $7.1 million refurbishment of Folsom Dam in Folsom, CA.
....

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Manufacturing News  
 


Prysmian S.P.A. Launches Share Buyback Plan
Prysmian SpA announces its intention to proceed with a share buyback plan under the terms approved by the Shareholders’ Meeting held on 15 April 2008. In this regard, the Board of Directors held on 7 October 2008 has vested the Chief Executive Officer and the Chief Financial Officer with adequate powers to purchase up to a maximum of 4 million ordinary shares by 31 December 2008.
....

 
Ten 47 launch new ‘LUGIT’ cable jointing system
Ten 47 has announced the launch of ‘LUGIT’ their new power cable jointing system. LUGIT is a safe and efficient means to make temporary connection/extensions of single core power cables that are pre-terminated with copper lug terminals.
....

 
Operation Odyssey Bio at Derriford Hospital, Plymouth
Eleven operating theatres at a leading South West hospital have been fitted out with a new and unique cable containment system developed to lead the way in the fight against harmful and potentially deadly bugs, providing hospitals managers with an additional weapon in their battle against infection.
....

 
Molex Helps Petrochemical Firms Optimize Operations in Harsh Environments with Woodhead® Electrical and Safety Products
Molex Incorporated, announces that its NECA 2008 exhibit (Booth # 217) will showcase a wide range of the company’s Automation and Electrical Products (AEP) Division products designed to support petrochemical industry operations throughout North America.
....

 
Anixter completes acquisition of World Class Wire & Cable
Anixter International, a distributor of communication products, has completed the purchase of the assets and operations of World Class Wire & Cable, a distributor of electrical wire and cable.
....

 
Industry News  
 
 
Venture Announces Further CMS Gas Acquisition
Venture Production plc (“Venture”), the Aberdeen headquartered UK independent oil and gas production company, today announces that it has agreed to acquire additional interests in the Cygnus, Kepler, Copernicus and Humphrey gas discoveries together with interests in three exploration blocks. The four proven but undeveloped discoveries lie close to existing infrastructure in the Caister Murdoch System in the UK southern North Sea and in April 2008 Venture announced its acquisition of an initial 35% interest in each.
....

 
KDB likely to pick preferred bidder for Daewoo Shipbuilding later this month
A preferred bidder for Daewoo Shipbuilding & Marine Engineering Co. is likely to be announced later this month, industry sources said Wednesday. State-run Korea Development Bank (KDB) and a state-run asset manager are seeking to sell their 50.4 percent stake in the worlds third-largest shipyard bailed out in 2000 after its parent Daewoo Group collapsed under a mountain of debt. POSCO, Hyundai Heavy Industries Co., GS Group and Hanwha Group last month submitted preliminary bids for Daewoo Shipbuilding.
....

 
Environmental Business Boost for Xodus
Xodus AURORA, the Xodus Group’s rapidly growing environmental division has secured six new contracts worth in excess of £200,000 in the past 12 months, strengthening the company’s position as a leading provider of environmental and engineering services to the emerging marine renewables industry.
....

 
BASF completes capacity expansion at facility in Spain to meet growing demand for polyolefin catalysts
BASF Catalysts has completed a significant debottlenecking project that has increased capacity at its production facility in Tarragona, Spain. The 25 percent capacity increase will help meet growing global demand for polypropylene catalysts. The expansion was completed as projected, on time in the third quarter 2008, and is already on line and in use to serve customers.
....

 
Rio restarts shut capacity at NZ aluminium plant
Rio Tinto Ltd/Plc said it has restarted idled production at its Tiwai Point aluminium smelter in New Zealand after power supplies improved.Production at the 350,000 tonnes a year plant was cut by 11 percent in May to conserve electricity.""The recovery in the New Zealand power system last week has enabled us to gradually restart idled capacity,"" a spokesman said on Wednesday.
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