Nexans Signs Dow Inside Partnership Agreement
Nexans becomes a Dow Inside alliance partner
March 21, 2012 – Dow Electrical & Telecommunications (Dow E&T), a global leader in technology and material science solutions for the power and telecommunications industries, announced today an agreement with Nexans Energy Cables North America to become a Dow Inside alliance partner. Nexans Energy Cables North America is a division of Nexans, a global leader in cables and cabling systems.
The Dow Inside alliance, an initiative benefiting developers, utilities and other energy cable end users, further reinforces Dow E&T’s and Nexans’ commitment to these customers. This alliance results in improved cable reliability, long service life based on exceptional materials, dedicated R&D, deep industry knowledge and close working relationships with utilities and other power industry stakeholders.
“Nexans Energy Cables North America has an outstanding reputation for manufacturing high quality cables for power, industrial and construction applications,” said Jim Rosborough, Commercial Director, of Dow E&T, North America. “Our growth strategy calls for providing customers with support and innovative technology that will help us both succeed. We are delighted to welcome Nexans Energy Cables North America to our Dow Inside alliance program."
“The combination of Nexans cable manufacturing expertise and quality products, further enhanced by Dow E&T’s technology leadership, commitment to innovation, service, support and excellent polymeric materials will enable us to deliver the long-life, reliable cables that our industry demands,” added Dave Hawker, Vice President & General Manager, Nexans Energy Cables North America.
Under the terms of the agreement, Nexans Energy Cables North America will use DOW ENDURANCE™ insulation, semiconductive and jacketing materials to manufacture medium voltage energy cables. In exchange, Dow E&T will provide proven products using advanced technology and enhanced service support. Benefitting from the unique capabilities of both organizations, the alliance will deliver exceptional cables, as a result of on-going research and product development. The intent of Nexans and Dow is to reduce the total life cycle cost of cable ownership for their end use customers while responding to the constantly evolving system requirements of the power transmission and distribution industry.
About Dow Electrical & Telecommunications
Dow Electrical & Telecommunications, a business unit in the Performance Plastics Division of The Dow Chemical Company (“Dow”), is a leading global provider of products, technology, solutions and knowledge that sets standards for reliability, longevity, efficiency, ease of installation and protection that the power and telecommunications industries can count on in the transmission, distribution and consumption of power, voice and data. Understanding that collaboration is essential to success, Dow Electrical & Telecommunications works together with cable makers, other industry suppliers, utilities, municipalities, testing institutes and other organizations around the world to help develop solutions and create mutual value that will sustain these industries for years to come. For more information, visit www.dow.com/electrical.
Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2011, Dow had annual sales of $60 billion and employed approximately 52,000 people worldwide. The Company's more than 5,000 products are manufactured at 197 sites in 36 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.
With energy as the basis of its development, Nexans, worldwide expert in the cable industry, offers an extensive range of cables and cabling systems. The Group is a global player in the infrastructure, industry, building and Local Area Network markets. Nexans addresses a series of market segments: from energy, transport and telecom networks to shipbuilding, oil and gas, nuclear power, automotives, electronics, aeronautics, material handling and automation. Nexans is a responsible industrial company that regards sustainable development as integral to its global and operational strategy. Continuous innovation in products, solutions and services, employee development and engagement, and the introduction of safe industrial processes with limited environmental impact are among the key initiatives that place Nexans at the core of a sustainable future. With an industrial presence in 40 countries and commercial activities worldwide, Nexans employs 24,500 people and had sales in 2011 of 7 billion euros. Nexans is listed on NYSE Euronext Paris, compartment A. For more information, please consult: www.nexans.com or www.nexans.mobi