Responding to need of the fiber optic market and current shortage of optical fibers, Prysmian has announced the expansion of their optical fiber manufacturing facilities in Italy. Prysmian Group, in a recent media release note announced the relaunching of optical fiber production in Italy and the group’s intention to stay at the top of global leadership in terms of optical fiber and cable manufacturing. Prysmian also want to focus on supporting the development plans for the new ultra broadband telecommunication networks in Italy. The Group has completed its investment plan of over 30 million Euros in the center of excellence in Battipaglia (Salerno) to boost its competitiveness and it now has some of the world’s most advanced production capability, technology and know-how.
Italian Prime Miniser Matteo Renzi had visited the Prysmian plant Fibre Ottiche Sud in Battipadgalia. Prysmian Group produces approximately 30 million km of optical fiber a year in the 5 plants worldwide (Italy, France, the Netherlands, the USA and Brazil), including a good 9 million km in Italy, which are bound for strategically important cabling projects throughout the world. The optical fiber plant located in Battipaglia employs about 300 highly specialized staff and technicians and is the only facility in Italy for optical fiber production.
“With Prysmian, the only Italian fiber producer, Italy can boast a prime leadership position in such a strategic and high-tech sector,” pointed out Valerio Battista, Prysmian Group CEO, who added: “Thanks to the investments carried out, the Battipaglia plant has boosted its competitiveness on the world market.” “The optical fiber sector is highly globalized and there is very strong competition from Asian and American manufacturers. Prysmian is committed to doing its best to remain competitive and also to maintaining a strategic technological stronghold in Italy.”
The New Generation Networks (NGNs) and the optical fiber used to create them are destined to become the infrastructure carrying the entire economic system, essential assets for developing the future competitiveness of Europe and, naturally, also of Italy. All services to citizens will be carried through the Network. The demand for high-quality optical fiber is therefore bound to grow also in the next few years with the spread of NGNs. The installation of optical fibers in communication networks is currently more than 400 million km of fibers a year, whilst in 2006 it was a mere 95 million km, confirming its position as one of the highest growth sectors in the entire industry.
With the expansion and by supplying 30 million fiber kilometers to its fiber customers and also to its own cable manufacturing companies, Prysmian will hold a global share of approx.. 7.5 percent. Currently there is a shortage of optical fibers in telecom the market and this shortage has resulted in delay of many projects worldwide. Though existing fiber suppliers have been struggling to deliver to the demand of the market, most of them have already reached to the bottleneck of their production capacity. The demand is driven by the Chinese deployments Many in the market estimates that the current shortage of optical fibers will continue till the end of 2018. Chinese domestic demand for optical fibers will continue to this period. Many of the fiber manufacturers hesitate for an immediate investment due to the worries of continued demand in the market. They are uncertain about the period of the current demand.
Prysmian Group is a leader in the energy and telecom cables and systems industry. With almost 140 years of experience, sales of about €7.5 billion in 2015, over 19,000 employees across 50 countries and 88 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.