7/7/2021: DtGV, the German Association for Consumer Studies, has named SIKORA as one of the winners of its SME Innovation Award 2021/2022.

A press release said that the award goes to small and medium-sized companies from Germany “that demonstrate particularly high innovation potential in their segment and/or state.” The award was based on the Corporate Patent Classification (CPC) system. The basic parameter patent number was rounded off by the qualitative moment of the citation frequency and condensed into a score value.

SIKORA, a supplier of measuring technology, was scored as being among the top 10% of all examined SMEs in the CPC main class for instruments.” In the parallel federal state ranking, it was listed as one of the top three companies from Bremen. “This award makes us very proud and confirms the corporate course we have been following since the foundation of the company,” said Sikora CEO Dr. Christian Frank. “Thanks to our inventive spirit and innovation potential, we are able to continuously offer our customers future-oriented technology solutions. Thus, we create the basis for highest customer satisfaction and long-term growth.”

June 3, 2021 – South Korea’s Kyungshin Group has officially opened its new production operation that will produce battery components for high-tech electric vehicles, in the Guberash industrial zone of Smederevska Palanka in Serbia.

The website for the Kyungshin Group, which supplies the auto industry, notes that customers include Hyundai and Kia. It also has production facilities in China, India, Honduras and Poland. Among those attending the grand opening ceremony was Serbian President Aleksandar Vucic. Per the Development Agency of Serbia RAS at the company’s website, Kyungshin Cable Europe will supply the European market, and create 700 new jobs by the end of 2022.

Kyungshin Cable Europe is part of the Kyungshin Group, which also has facilities in the U.S., Mexico, China, Poland and South Korea. Founded in 1974, Kyungshin Cable’s core activity has been expanded from automotive and industrial wires and cables to the production of car parts for high- and low-voltage electric vehicles, in accordance with the new trends in the automotive industry.

June 3, 2021 – The next staging of wire Southeast Asia—and its sister show, Tube Southeast Asia—will now be held Feb. 9-11, 2022 at the Bangkok International Trade & Exhibition Centre (BITEC) in Bangkok, Thailand.

A press release from organizers Messe Düsseldorf said that the event, which was to be held Sept. 22-24, is being moved to the new dates to “allow for optimum international participation.” It noted that in the past, over 90% of the exhibitors came from overseas countries such as Austria, France, Germany, Great Britain, India, Japan and Korea. “It is anticipated that by next year with further easing of travel restrictions and ongoing successful vaccine deployments worldwide, there will be a more optimistic environment for companies to do business safely and effectively at these trade fairs.”

The two trade fairs were first held in 1997. At the last staging in 2019, international exhibitors from 29 countries participated at the trade fairs, while 45% of trade visitors came from outside Thailand.

June 3, 2021 – Subsea cable supplier SubCom will provide two next-gen subsea cables to support data capacity for Reliance Jio Infocomm (Jio), a mobile digital service provider in India.

A press release said that the two systems, each of which will provide more than 200 Tbits of capacity, will require cable to span some 16,000 km. They will employ open system technology and the latest wavelength switched RoADM/branching units ensures rapid upgrade deployment and the ultimate flexibility to add/drop waves across multiple locations.

The first system, the India-Asia-Xpress (IAX) system, will connect Mumbai and Chennai in India eastbound to Thailand, Malaysia and Singapore. The second system, the India-Europe-Xpress (IEX) system, will connect India westbound to Italy, landing in Savona, and additional landings in the Middle East and North Africa.

Both systems will be connected to the Reliance Jio Global Fiber Network beyond Asia-Pacific and Europe, connecting to both the east and west coast of the U.S. IAX is expected to be ready for service mid-2023, while IEX will be ready for service in early 2024.
“To meet the demands of streaming video, remote workforce, 5G, IoT, and beyond, Jio is taking a leadership role in the construction of the first of its kind, India-centric IAX and IEX subsea systems,” said Reliance Jio President Mathew Oommen.

June 3, 2021 – Alphagary announced that, pending certain customary closing conditions, it will acquire a majority share ownership in Shakun Polymers Private Limited, a privately held and family-owned market leader in the production of compounds for the wire and cable markets in the Indian subcontinent, the Middle East, Southeast Asia and Africa.

A press release said that the transaction represents “an important strategic investment.” The investment will allow Alphagary to expand its product and regional footprints as Shakun continues to provide next-generation materials designed to meet the high safety and performance standards in Asia and Africa’s markets. Shakun has four manufacturing facilities in India that have a total installed annual capacity of more than 40,000 metric tons. Its compounds are used to make power cables, building wires, telecommunications and fiber optic cables, instrumentation cables and photovoltaic cables. Shakun’s product development focus is on halogen-free, flame-retardant compounds and PVC-based compounds for data and power cables, a mix that is a direct complement to Alphagary’s specialty product offerings that support a connected world. Shakun’s semi-conductive and cross-linkable compounds will also expand Alphagary’s portfolio, offering a growth platform and meeting customer requirements.

Key members of the Shakun management team will remain with the business, underlining the commitment of both organizations to create added value for customers and stakeholders. “We are very excited by Alphagary’s investment in Shakun and the opportunity it creates to deliver on our customers’ requirements,” said Shakun Joint Managing Director Rakesh Bansal. “I am delighted to be part of a team that will work together to offer a wider portfolio of materials and more efficient supply chains that help us focus on service.”

“While Alphagary has a broad reach from its facilities in the U.S., Europe and Mexico, the addition of Shakun’s market position in Asia and Africa coupled with the team’s entrepreneurial spirit will enable us to broaden our innovation horizons,” said Alphagary President Gautam Nivarthy.
Alphagary operates eight facilities in the U.S., U.K., Mexico and Colombia, and has a global sales and distribution network. It is a business of Orbia, which is active in 110 countries, with operations in more than 50. Orbia has five business groups, one of which is Polymer Solutions.

Orbia CEO Sameer Bharadwaj said in the release that while India faces difficulty with the current pandemic, he is confident in the resilience of the Asia-Pacific and African markets and long-term growth coming from these regions. “This investment provides us with a local presence, a wider scope for future-focused development and a strong customer base for our products and services that help to advance life around the world. We welcome Shakun to the Orbia family and look forward to their immediate contributions to our success together.”