License agreement represents a milestone for the two companies
Dow Wire & Cable, an international leader in technology and material science solutions for the power and telecommunications industries, announced today at the 2011 Wire Russia show in Moscow an agreement with Sevkabel Holding to become one of the first Dow Inside licensees worldwide. Sevkabel is a leading cable manufacturer in the Russian Federation. Under the terms of the agreement, Sevkabel will use DOW ENDURANCE™ insulation, semiconductive and jacketing materials to manufacture medium and high voltage power cables. In exchange, Dow Wire & Cable will provide Sevkabel with forward-thinking technology, proven products and enhanced service that will help give both companies a competitive edge in a demanding market.
“We are delighted to be working with Sevkabel as a Dow Inside licensee,” said Filip Tauson, Commercial Director Europe/Middle East/Africa, Dow Wire & Cable. “The Russian Federation is a very important region for growth and innovation in the power industry. This next step with our valued customer, Sevkabel, will certainly benefit both organizations as well as utilities and consumers that will realize more reliable power supply from the manufacture of long-life cables that meet strict international quality standards.”
Vladimir Bukhin, Director General, Sevkabel Holding, added, “For Sevkabel this partnership demonstrates our commitment to innovation and strategic relationships with our suppliers and customers. This partnership with Dow will help us deliver more reliable and modern cables to the Russian market, further reinforcing our strong market position.”
Dow Inside is a recent initiative from Dow Wire & Cable that benefits cable manufacturers and utilities alike. It further reinforces the organization’s commitment to the power industry by helping to provide better cable reliability and long service life based on exceptional materials, dedicated R&D, deep industry knowledge and close working relationships with cable manufacturers, utilities and other power industry influencers.
Source www.dowwireandcable.com
