LEXINGTON, S.C. -- Prysmian Communications Cables & Systems, USA, one of the leading North American producers of cable into both the Energy and Telecom sectors, has confirmed that it has increased the prices of its optical cable products. Prices have been increased by up to 6% as a result of ongoing increases in the costs of energy and essential materials. Earlier this month existing customers were informed directly about the increases which have now taken effect.

Many of the materials used in the cable industry such as jacketing compounds and water blocking gels are direct by-products of the oil industry and as such are subject to substantial price increases. The increased price of oil has also had a direct adverse impact upon the manufacturing and transportation costs of optical cable. Additionally, other materials used in cables such as protective steel tapes are subject to the commodity price increases in the metals sector.

Vice President and General Manager of Prysmian Communications Cables & Systems, USA, Mr. Brian Di Lascia says, "Whilst demand for optical cable continues to grow, so too do the costs of essential raw materials and we must now pass these cost increases on to our customers. We are doing this in an open and transparent manner whilst at the same time continuously and aggressively pursuing every opportunity to secure internal efficiencies and maintain our cost leadership position in the North American Optical Cable market."

Prysmian SpA