대한전선

South African Ambassador to Korea visits Taihan to discuss business expansion in South AfricaThe South African ambassador to Korea visited Taihan's headquarters on the Nov. 1st, 2022 to discuss ways of Taihan's expanding its business in South Africa. About 10 key officials including South African Ambassador to Korea Zenani N. Dlamini, Economic Counselor of the South African Embassy in Korea Seema Sardha, Chairman of Hoban Group Kim Seon-kyu, President of Taihan Na Hyung-gyun, and Executive Director of Hoban E&C Kim Min-seong attended the meeting. The meeting lasted about an hour and a half, and the main contents of the meeting were the facility investment plan of M-TEC, the South African production corporation of Taihan, and the opportunities and plans, etc. for Hoban Group's business expansion through it. 

The South African production corporation M-TEC of Taihan promotes the advancement of facilities​Taihan promotes the advancement of production facilities of M-TEC, a cable production corporation located in South Africa. MV/LV is a cable that is in high demand, accounting for about 90% of South Africa's underground power market. Through this investment, M-TEC plans to update MV/LV cable production facilities. Above all, M-TEC will extend the CCV (Catenary Continuous Vulcanization) line, which performs the insulation process, and reinforce the production line that specially treats the conductor surface. This investment will be completed by 2023. M-TEC expects to secure production efficiency three times or more compared to the previous production efficiency, and enhance product and price competitive edge by extending the core facilities for MV/LV cables. 

M-TEC won a US$ 400 million order​Malesela Taihan Electric Cable(M-TEC), a TAIHAN’s subsidiary in South Africa, announced that it won a US$ 400 million order from Eskom, which is the state-owned electric power company in South Africa. With this large-scale order, M-TEC will supply power cables of US$ 80 million yearly for following five years to ESKOM. As the supply contract includes the option for additional quantity for further two years, the total volume of this order may be increased to US$ 600 million. ​M-TEC has been supplying 70% of total quantity of optical fiber cables to TELKOM, the state-owned telecommunication company, with a long-term supply contract since 2002. The South African government plans to invest US$20 billion in building the national power infrastructure for World Cup 2010. ​M-TEC was reformed in 2000 as a joint venture on the basis of a local cable maker, Malesela Technologies with 90 years history. The company covers wide range of cable products in power and telecom sector including optical fiber, OPGW and high voltage XLPE power cable. The long term supply contracts to ESKOM and TELKOM will lead M-TEC to be a main supplier of power and telecommunication cables in South Africa.