Working visit Hanwha

Hanwha

Yeosu / Seoul, 25th of September 2019

This September HEC-Holland team members made a tour with one of our valuable customers to Hanwha’s premises in South Korea. Main purpose of this trip was to further extend our collaboration with our partner. Additionaly we wanted to show our team members Hanwha’s newest expansion on production of crosslinkable polyethylene (XLPE) at their site in Yeosu -in the South of the Korean peninsula – where the ground-breaking ceremony took place.

XLPE capacity

We are pleased to see that due to this new fully automated production system our XLPE capacity will grow further and will be ready by 2021 ~ early 2022. Along with this expansion Hanwha also will invest into an own automated warehouse especially dedicated for its Wire and Cable products, which will be ready at the same time.
Furthermore has Hanwha Construction Corporation completed nearly the overhaul of Hanwha’s HQ building in downtown Seoul, where the building is ready for the 21st century. It has nice features such as solar panels, which are integrated in the exterior of the building – produced by Hanwha’s sister company Q-Cell.

Focus on Europe

The smooth transport of our valuable customers took place by Hanwha’s own helicopter service which was reserved for this memorable and special occasion. We as HEC-Holland are confident that our partner Hanwha Chemical is ready to further roll out its strategy to strengthen its presence within the Wire and Cable market with a specific focus towards Europe.

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Logo Hanwha

The Final Handshake with SHWX

collaboration agreement

Shanghai, 23th of September 2019

We are pleased to announce that Mrs. Fu – CEO of Shanghai WangXun New Material and Mr. Lurkin – managing director of HEC-Holland have signed officially their collaboration agreement.
This official signature ceremony is a big step towards the joint collaboration between the two esteemed companies.

Tailormade convert

At the same time has and will HEC-Holland further invest into their converting station by extending its product lines and capacity which they are able to tailormade convert as per customers wishes and desires.
For this HEC-Holland has invested into a new state-of-the-art slitting machine which is able to handle and convert the nowadays requested sizes on aluminium tapes up to 4.100 meter per pad.

New expansion

With our new expansion will HEC-Holland and SHWX further increase their market share within the European market. The new local capacity will get into place within Q1-2020 to serve its customers.
Mr. Lurkin commented: “this partnership is for both companies a step ahead where the European cable industry can benefit from – due to its flexibility and short lead times of high-end quality products”.

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If there is more information on this article required, than please get in contact with one of our account managers who will be more than happy to give you more details on our services and possibilities.

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SHWX_team

2020’s – The decade of electricity

decade of electricity

Arnhem, 7th of October 2019

Renewable energy

It does not surprise you that the coming decade will go into history books as the ‘decade of electrification’. Many projects are being launched or being put on the drawing board, either on- or offshore renewable energy such as windfarms, hydro power, (concentrated) solar photovoltaic power and other alternative sources towards the current used ones. All having one focus that they should take over and replace the current fossil fuel power sources and reduce our footprint on mother Earth.

Power generation

Electrification across key end uses leads to a doubling of electricity demand by 2050. This is particularly driven by increased demand in buildings and a shift towards electricity as an energy source in for instance road transportation. Wind and solar are rapidly gaining share in the capacity mix and already accounted for more than half of net capacity additions in the past few years.
Renewable generation is projected to account for more than 50% of the total power generation post 2030’s. This marks a clear trend break from historical fossil fuel-based generation.

Electric transportation

As the role of intermittent resources in total generation increases, power systems will see strong growth balancing needs, particularly when solar and wind generation combined reach a share beyond 30% commented by McK. 2 Key reasons are the costs versus effectiveness on renewables, which are getting more in favor towards fossil fuel – building solar or wind capacity becomes more of interest. At the same time the costs on storage capacity and the innovation on other storage capacity will decline further, which makes it interesting to switch a big part of road transportation to electric, either passenger cars or trucks within the next 5 to 10 years from now, thus within the 2020’s.

Sizable production capacity

Yet, after the first decade which nearly ends – ‘the progress on shifting towards renewables’ – are we entering into the second phase, namely the real shift – ‘decade of electricity’. Political forces need to take decisions and steps to clear the road to start up the big projects. We are facing some challenging times where some cable makers having difficulties to make the right choices, this in order to be prepared for the years to come.

Our conclusion: For now, there is a strong believe of having an overcapacity on the production of power cables in the market, but viewing the above aspirations – one thing is according us for sure – sizeable production capacity is required to achieve the ambitions for the biggest energy transition we have ever challenged.

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