In August, Sandvik Materials Technology separated from the Sandvik Group, was renamed Alleima™ and is now listed on the Nasdaq Stockholm Exchange as ALLEI.
Per an announcement from the company, “The name Alleima—a combination of the words alloy and materials—represents a fresh opportunity for growth and development in the global market. The Tube division represents nearly 70% of Alleima’s business, but it also makes long products, such as medical wire.

“While we are leaders in the stainless and special alloy sector in terms of both technology leadership and financial performance, we were a relatively small part of the Sandvik Group,” Alleima Company President Göran Björkman said. “As an independent company, the Alleima Board of Directors is fully focused on our activities, enabling us to deliver our strategy to grow profitably, and capital allocation will be much simpler. This move has energized our entire organization and instilled a strong sense of pride.”

Björkman said that the separation has not caused major changes for the company, customers or employees. There have been no changes in production or support service processes. Alleima continues to control the supply chain from R&D to primary melt to the final product, and there will be no changes or reductions in the product portfolio.

Earlier this year, Mexico’s Xignux SA completed the sale of Centelsa, a cable producer in Latin America, to Nexans SA.

A press release said that Centelsa, which manufactures cables for energy and communications, has been part of the industry since 1955. The company was three plants in Cali, Colombia, and a distribution center in Ecuador. Those operations will bolster the presence of Nexans in Latin America, where the company has four industrial plants in Colombia, Peru, Chile and Brazil.

Commented Sergio Valdés, general director of Viakable, a Xignux company, “In our history together with the Centelsa team we have achieved great achievements. ... I am convinced that, together with Nexans, the Centelsa team will continue to be a key player in the industry, offering growth to its collaborators and clients.”

The Prysmian Group announced the company has settled proceedings for a patent infringement and invalidity in Germany with FiberHome Telecommunication Technologies Co., Ltd. (FiberHome), a Chinese equipment vendor and global solution provider that offers services in the field of information technology and telecom.

A press release said that Prysmian Group claimed that FiberHome products infringed the German designations of Prysmian’s European Patents EP 2390700 B1 and EP 1,668,392B1 for fiber optic cables. In response, FiberHome initiated nullity proceedings against the Patents before the German Federal Patent Court.

The European Patent EP ‘392 relates to telecom optical cables, and in particular to a telecom optical cable with a highly reduced diameter. The European Patent EP ‘700 relates to optical fiber telecom cables, particularly an optimized stranded optical cable design.

The proceedings were issued by Prysmian Group in July 2020 before the District Court of Munich. Following extensive discussions, the Prysmian Group and FiberHome reached a mutual agreement on terms in relation to product sales happened before the agreement date (whereas future product sales are not covered by the agreement). On the basis of a net balancing payment made by FiberHome to Prysmian, the ongoing proceedings (and any other potential past claims) under the related patent families in Germany, Spain, Poland and the Netherlands were settled.