Hyundai awards Nexans 17 km mud and fire resistant cable order
Paris, November 13, 2001 - Nexans (Paris: NEX.PA), the worldwide leader in the cable industry, has been awarded a contract to supply 17 Km of Telecom Mud and Fire resistant cable (FRC-2) to Hyundai Heavy Industries, in Ulsan, Korea.
Deriving from a family of Underwater Repeaterless Cables (URC-1), Nexans has used a cost effective steel tube design, allowing the FRC-1 (fire resistant only) and the FRC-2 to offer the best protection topside.
Originally named the "Topside Cable", FRC-2 offers a resistance to fire and mud and is creating interest not only in the oil & gas industry but in a host of industries keen to benefit from the integration of Nexans' steel tube technology, such as railways, underground railways, mining and potentially could be used for road tunnels and some defence applications.
Pascal Portevin, President Telecom Division, Nexans, commented, " The Mud and Fire Resistant Cable, developed using steel tube technology, has allowed us to market an offshore turnkey solution, appealing not only to those who build oil platforms but to a number of industries where potential application could benefit."
The Mud and Fire Resistant Cable is manufactured at the Nexans Norway plant in Rognan.
Formed from Alcatel Cables and Components, Nexans is a worldwide leader in the cable industry. Nexans product portfolio includes an extensive range of cables and systems. Nexans solutions can be found in every area of people's lives, from telecommunications and energy networks, to aeronautics aerospace, automobile, building, petrochemical and medical applications. Operating in 20 countries, Nexans employs 19,000 people and had sales in 2000 of euros 4.8 billion. More information on www.nexans.com