nVent Investing in Russian Production of its Electrical Heating Components

nVent, a global leader in electrical connection and protection solutions, will increase its presence in Russia, launching its first local production line in St. Petersburg in August. nVent is partnering with Sevkabel – a major St. Petersburg-based cable manufacturer – to locally assemble nVent’s RAYCHEM BTV and XTV families of self-regulating electric heat trace cables.

“Russia is a key market for us,” said Brad Faulconer, nVent’s president of Thermal Management and one of the executives from both companies who will gather to launch the partnership July 24 – 25 at the Sevkabel plant. “We have been active in Russia for over 25 years, and began localizing production here about five years ago. Locally assembling self-regulating cables is a natural step in our journey. Using our patented, U.S.-made materials, we’ll have more flexibility and the right stock available to respond to the growing demand in Russia.”

The heating cables are part of nVent’s RAYCHEM portfolio of thermal electrical solutions, which include heat tracing for pipes in industrial facilities. Specifically, the BTV and XTV cables help customers keep operations running by preventing pipes from freezing and maintaining process temperatures. More than 500,000 kilometers of RAYCHEM heating cable have been sold globally over the last 40 years for use in industries ranging from oil and gas to mining to commercial and residential buildings. (Read more…)