PRYSMIAN CHINA 2011
PRYSMIAN IN THE Greater CHINA 1 2 3 4 6 8 5 7 1 2 3 4 5 6 7 8 Prysmian(China)Investment Company Limited Prysmian Tianjin Cables Co.,Ltd. Prysmian Angel Tianjin Cable Co.,Ltd. Prysmian Baosheng Cable Co.,Ltd. Prysmian Cable(Shanghai)Co.,Ltd. Prysmian Wuxi Cable Co.,Ltd. Prysmian Hong Kong Holding Limited Suzhou Draka Cable Co.,Ltd. 2 prysmian company profile
Prysmian in the Greater China is presenting with the following companies and activities: One Holding Company in Hong Kong; One Holding Company in Beijing, which is the headquarter of China; Three wholly owned companies, Prysmian Angel Tianjin Cable Co., Ltd., Prysmian Cable (Shanghai) Co., Ltd., Prysmian Wuxi Cable Co., Ltd.; Two equity joint venture companies, Prysmian Tianjin Cables Co., Ltd., Prysmian Baosheng Cable Co., Ltd.. In 2010, Prysmian China has an opened representative office in Ho Chi Minh City, Vietnam. Prysmian employs around 1,000 people in China. The total paid-in capital of Prysmian exceeds USD 150 million. Currently, Prysmian is planning to further enlarge its investments in China. In early 2011, Prysmian Group acquired Draka Group world widely. Therefore, Prysmian China has another additional plant in Suzhou. In the greater China, Prysmian focuses its business areas on: Utilities: Prysmian supplies high voltage cables and extra high voltage cables, medium voltage cables for a wide range of application within the utilities. Industrial: Prysmian produces low voltage and medium voltage cables, instrumentation/ control cables, which serve a broad range of industries including the Oil, Gas & Petrochemical sector, transportation, mining and renewable energies sector, including wind and solar power, nuclear energy. Network components: Prysmian also produces network components such as joints and terminations for extra high, high, medium and low voltage cables suitable for industrial, building or infrastructure applications. Telecommunication: Prysmian is a leading manufacturer of all types of cables and accessories for the telecoms industry, such as optical fibres, optical cables, copper cable, accessories, and fibre to the home. prysmian company profile 3
SALES EXCEEDING RMB 1.7 BILLION IN 2010 4 prysmian company profile
FORMING THE BACKBONE OF ENERGY AND TELECOMS prysmian leads the world in the supply of high-technology cables and systems for energy and telecommunications. KEY FINANCIAL FIGURES Prysmian China sales amounted to RMB 1.7 billion (before VAT) in 2010 compared to RMB 1.5 billion (before VAT) in the previous year, with more than14% growth, and with a growth of the domestic sales by more than 38%. The overall profitability is increasing obviously. Sales - Total CHINA (RMB) SALES BY BUSINESS AREAS AT 31 DECEMBER 2009 1,4b 1,5b 1,7b 12% 40% 8% 5% 23% 33% 14% 49% 5% 60% 73% 2008 2009 2010 Inter-co sales Export sales Domestic sales Domestic Sales/Total Sales - Total China % 73% MV 1.2% HV 33.0% Industrial 22.5% Network components 4.4% Telecom 38.9% SALES BY BUSINESS AREAS AT 31 DECEMBER 2010 60% 49% 38% 28% MV 3.5% HV 32.4% Industrial 34.1% 2008 2009 2010 Network components 6.5% Telecom 23.5% prysmian company profile 5
INVESTING,GROWING AND CONTRIBUTING IN CHINA 6 prysmian company profile
Prysmian (China) Investment Company Limited In May of 2008, Prysmian (China) Investment Company Limited was established in Beijing of China as a Headquarter of Prysmian China. Prysmian China is controlling and leading all the Chinese companies/businesses. provide to the expertise assistance in technology, accounting, legal, marketing, sales, financial, human resources and other aspects in a more efficient and cost efficient manner.this will enable Prysmian to make quicker and more efficient management and investment decisions. Furthermore, The HQ has a registered capital of Euro 55 million. It acts as a local investment vehicle that will be responsible for develop, negotiate and implement the investment projects in China. It also centralize the the company also acts as an instrument for Prysmian to have better communications with the governmental authorities and its business partners in China. management, administration, marketing and sales of the existing companies and The main function of the HQ is to manage and organize the departments in each plant. The central administrative departments and business areas are: General Management (CEO) Finance Department (CFO) Human Resources Department EHV/High Voltage and Power utilities Market Industrial Market Network components Market Telecom Market Purchasing Department Corporate Affairs/Communication Department Product Development & Quality IT Department prysmian company profile 7
CARRYING OUT IDEAS TO IMPROVE WORLD-WIDE POWER GRIDS HV&EHV BUSINESS Prysmian Baosheng Cable Company Limited was established in 1999 as a joint venture with Jiangsu Baosheng group. The company is now one of the most successful EHV/HV cable systems suppliers in the Chinese market with a total investment of over USD 70 million. Equipped with state of the art production and testing facilities, Prysmian Baosheng has a high quality product range that includes: medium voltage cables from 6 kv to 35 kv up to 630mm 2 and extra high voltage/ high voltage cables ranging from 66 kv to 500 kv up to 2,500mm 2. The Company operates under rigorous quality and environmental management systems that are qualified under the prestigious ISO 9001 and 14001 standards. The plant will be expanded with the addition of a second vertical tower for the production of extruded cables using VCV (Vertical Continuous Vulcanization) process; the tower construction is in progress and will be completed and 8 prysmian company profile
ready to produce by 2012. When fully operational, the production capacity in this manufacturing unit in Baoying will be almost doubled. In addition to cables, Prysmian Baosheng is also able to offer a range of different value added services to its clients; it can supply and install a comprehensive range of both medium and high voltage accessories, up to 500 kv; it can provide a system design and/or installation design service for underground power cable applications; it can also offer a complete turnkey cable system service whereby we design, manufacture, install, test and commission a cable circuit as a total package for our client. Prysmian Baosheng is now recognized as one of the leading EHV/HV cable manufacturers in the Chinese market and a leading provider of customized service in the cables and systems market with our high quality standards and diverse services. prysmian company profile 9
Certificates: 10 prysmian company profile
Products: Typical design of a Power Cable 1 2 3 HV Cable 220kV 2500mm 2 4 5 6 7 Extra HV Cable 290/500kV 1600mm 2 1 CONDUCTOR 2 CONDUCTOR SCREEN 3 INSULATION 4 INSULATION SCREEN 5 MEATLLIC SCREEN 6 METALLIC SCREEN Extra HV Cable 290/500kV 2500mm 2 7 OUTER SHEATH prysmian company profile 11
industrial business Prysmian Tianjin Cables Company Limited established in 1995. In 2007, the company moved to Xiqing Economic Development Area, Tianjin. The new plant occupies around 60,000m 2, of which 20,000m 2 workshops covered area. Strongly positioned in the higher value-added market segments, Prysmian Tianjin designs, develops, manufactures, supplies and installs a wide range of cables and systems for industrial applications. The equipments available in plant allow manufacturing a wide range of high quality MV power cables suitable for both domestic and export markets. Prysmian Tianjin manufactures XLPE insulation power cables up to 110kV, Special cables and Rubber cables up to 35 kv, using equipments and test instruments which are imported from Europe and the USA. Cables are manufactured with sophisticated and advanced technology in order to assure high quality and reliable products. Such as drawing machine, stranding machine, triple head, dry-cure CCV line, and 3 rubber extrusion lines and laying-up machine imported from Europe. Partial discharge equipment for final test and silicon oil-bath test, also assures the quality of insulation, along with Rheometer testing for rubber based compounds. Instruments for a range of testing on incoming raw materials are also available. In 2008, Prysmian Tianjin built a new work shop in Xiqing Plant, which occupies 2,753m 2. The main function of the work shop is for manufacturing PVC, LSOH and rubber material for cables. Prysmian Tianjin manufactures wide range products which applying in Wind Farm, Rolling Stock, Metro, Mining, Oil & Gas, OEM, Marine and off-shore,pv-solar, and other Industrial area. 12 prysmian company profile
Prysmian Angel Tianjin Cable Company Limited established in 1992 as formerly Tianjin Angel Co., Ltd. In 2006, Prysmian purchased assets of Angel Group, and established Prysmian Angel Tianjin Cable Co., Ltd. Prysmian Angel located in the Tianjin New Industrial Park, which is recognized throughout Northern China as advanced technology areas. Prysmian Angel occupies a total area of 36,630sqm, incorporating 7,000sqm and 2,300sqm of covered workshops and offices respectively. The cable are manufactured and tested using Prysmian Angel s advanced production and testing equipments, which are mainly imported from Europe, including 4 extrusion lines with skin-foamskin technology; laying-up, armouring and braiding machines; 4 sheathing lines; 1 compounding facilities (SAMP) line, etc. Prysmian Angel product portfolio is mainly concentrated in special precision cables such as instrumentation, control, analog & digital signaling cables, thermocouples extensions and computer cables. The applications of Prysmian Angel s products focus on with this extensive range demand the best quality. As a leader in the Chinese special cables market, Prysmian Angel was one of the first Chinese companies to be awarded ISO9001 accreditation by DNV in recognition of its excellent Quality Management System. As well as producing cables to national and international standards, Prysmian Angel dedicates itself to the design and manufacture of specialized product ranges which are tailored to meet our customers diversified needs. Research and innovation have been key factors attributing to Prysmian Angel s strength and success in home and international markets. As part of the Prysmian Cables group, Prysmian Angel compliments Prysmian s extensive product range of Energy and Telecommunications cable now offered by its world-class manufacturing facilities in China. prysmian company profile 13
Certificates: 14 prysmian company profile
Products: Control Cables: Nuclear Cables Marine Cables: PV Cables: LV Cables: Wind Farm Cables: Instrumentation Cables: Mining & Tunnelling Cables: Railway & Rolling Stock Cables: Power Cables: Others: prysmian company profile 15
network COMPONENTS Prysmian Cable (Shanghai) Company Limited is the cable accessory business unit of Prysmian China. With accessories produced in China and imported from Italy and Europe, Prysmian Shanghai can offer products from 10kV up to 500kV to the Chinese market. The company has a warehouse in the Waigaoqiao Free Trade Zone in Shanghai with local kitting facilities. This enables Prysmian Shanghai to provide prompt delivery to its customers to meet their demand. Prysmian Shanghai also possesses a highly professional installation team. The engineers are trained and qualified by headquarter technical and engineering experts. We offer complete supervision and installation services on our products, in a logic of turnkey project. Prysmian Shanghai will further expand the high capacity to produce local HV accessory manufacturing to better fulfill China HV market demands of network components and cable systems. Other than servicing our domestic customers, Prysmian Shanghai will also act as a base for the Prysmian Group to export its accessory products to other Asian countries. 16 prysmian company profile
Products: 220kV 110kV prysmian company profile 17
CARRYING OUT IDEAS TO BUILD A GLOBAL broadband COMMUNITY 18 prysmian company profile
TELECOMMUNICATION BUSINESS Prysmian Wuxi Company Limited is one of the largest telecommunications cables producer in China. The factory focuses on the production of Optical Fiber Cables that are installed by tier 1 telecom operators and FTTX network infrastructures. The Plant can manufacture all the range of Optical Cables, from small cables for premises applications to the 432 fiber Ribbon cable deployed as the main backbone cable. The Optical Cable total capacity has been increasing over the years with continuous investments and now Prysmian Wuxi is able to manufacture more than 2.5 Million fiber km per year. Optical fiber cables have entered into the domestic market and recently became one of the major suppliers to the Chinese operators, the company also exported to Europe, Australia, South American and East South of Asia. Prysmian Wuxi has obtained got Product Certificate, Network Access License for Special Telecommunications Equipment in Electric Power System, Certificate of Network Access for Broadcast Equipment, State Administration of radio, Film & TV, P. R. China, UL Certificate, ROHS Testing Report for optical and copper cable. It also has obtained ISO 9001:2000 certificate, ISO 14001:2004 certificate and TL9000 (4.0 edition) certificate. prysmian company profile 19
Certificates: 20 prysmian company profile
Products: Typical design of a Telecom Cable 1 2 3 4 5 6 7 8 1 SHEATHING COMPOUND 2 ARAMID YARNS 3 SHEATH 4 FILLERS 5 LOOSE TUBES 6 RIPCORDS 7 OPTICAL FIBRES 8 CENTRAL STRENGTH MEMBER prysmian company profile 21
Suzhou Draka Cable Co., Ltd. (SDC) is a Wholly- Owned-Foreign-Enterprise (WOFE) of Draka Holding N.V. of the Netherlands. Draka Holding N.V. is the holding company of a number of operating companies which are engaged in the development, production and sale of cable and cable systems. Draka focuses on two product groups: telecommunication cable and lowvoltage and special-purpose cable. It is one of the leading cable manufacturers in the world, with 68 operating companies in 30 countries in Europe, North and South America Asia, and Australia. In 1958 the Ministry of Industry established Suzhou Cable Works (SCW) to specialize in electrical wires & cables manufacturing. SDC was officially established in April 1994 as a joint-venture company between SCW and Draka Far East. In July 1997, it became a WOFE. SDC has been an ISO9000 certified company since 1994. To better serve her clients, SDC is well equipped with the most advanced machines and a wide range of sophisticated test equipment. Products manufactured by SDC conform to the stringent requirements of various national & international standards such as GB, AS, BS & IEC. SDC marine cables are also certified by ABS, LRS, CCS, BV, RINA, GL, DNV and NK, together with TS16949 certificate. In addition, SDC is able to design and develop cables to exact specifications of her clients. SDC always ensure cables of the best quality are delivered to clients at competitive prices. 22 prysmian company profile
CERTIFICATES: Products: Rubber Cables Shipboard Cables Automotive Cables prysmian company profile 23
1996 1999 2000 2006 Pirelli set up its first JV in China Wuxi for the production of Telecommunication optical cables. Pirelli Group acquires Siemens Energy Cables worldwide and in China Tianjin a JV for the production of industrial cables. Pirelli Group acquires BICC General and becomes the majority shareholder of Pirelli Baoshang Cable Co. which produces HV/EHV cables, and the sole holder of Pirelli Cables (Shanghai) Co. for the supply of network components. Prysmian acquires Angel Group in Tianjin. HISTORY 1879 1902 1925 1982 Società Cavi Pirelli is established in Italy as the cable division of the recently founded Pirelli group. The company continues to expand its product range and begins its international expansion with the construction of its first overseas plant in Spain. Pirelli wins its first transatlantic business, connecting Italy and the Americas with 5,150 km of submarine cable. The Pirelli group becomes the first company in Italy to produce optical fibre for telecommunications and data transmission. 24 prysmian company profile
2008 Prysmian set up Prysmian China Investment Co. Ltd in Beijing, a holding company that controls and leads all the Chinese affiliates restructuring its business model in China. 2011 Prysmian S. P. A., final offer results- 99.02% of ordinary shares draka tendered for acceptance. 1998 2005 2007 Pirelli begins targeted acquisitions, including the power cable businesses of SIEMENS (1999), BICC (2000), Metal Manufacturers ltd. and NKF. The Prysmian group is founded in July 2005 through the acquisition of the energy and telecom cables and systems activities of Pirelli. Within two years Prysmian becomes a listed company, quoted in the blue chip sector of the Milan stock exchange. prysmian company profile 25
Prysmian (China) Investment Company Ltd. Room 1610, CBD International Plaza, No.16 Yong An Dong Li, Chaoyang District, Beijing, PRC, Post Code 100022 Tel: +86 10 6569 0500 Fax: +86 10 6569 0400 Prysmian Baosheng Cable Company Ltd. No.1 Cheng Bei Yi Road, Baoying, Jiangsu, P.R.China 225800 Tel: +86 514 8823 1488 Fax: +86 514 8822 1478 Prysmian (Tianjin) Cables Company Ltd. No.16 Jinrong Rd.Dasi Industry Zone, Xiqing Economic Development Area, Tianjin, P.R.China 300385 Tel: +86 22 2753 9605 Fax: +86 22 2751 4840 Prysmian Angel Tianjin Cable Company Ltd. No.2 Gonghua Rd.Huayuan Industrial Zone, Hi-tech Park, Tianjin, P.R.China 300384 Tel: +86 22 2307 8515 Fax: +86 22 2307 8525 Prysmian Cable (Shanghai) Company Ltd. Part C of No.10 Building, No.353 North Ri Ying Road, Wai Gao Qiao Free Trade Zone, Shanghai P.R.China 200131 Tel: +86 21 5866 4884 Fax: +86 21 5868 1552 Prysmian Wuxi Cable Company Ltd. No.54-56 Xinan Rd Town, Binhu District, Wuxi City, Jiangsu Province, P.R.China 214125 Tel: +86 510 8518 0316 Fax: +86 510 8518 0624 Prysmian Hong Kong Holding Limited Rm 1008 Lu Plaza, 2 Wing Yip Street, Kwun Tong, Kowloon, Hong Kong Tel: +852 2588 7221 Fax: +852 2827 7212 Suzhou Draka Cable Co.,Ltd. No.88 Kangyuan Road, Xiangcheng Economic Development District, Suzhou P.R.China 215131 Tel: +86 512 6578 9888 Fax: +86 512 6578 9878 WWW.PRYSMIAN.COM