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Innova eyes international market for super-conductive wire

Posted: 17 Apr 2002 ?? ?Print Version ?Bookmark and Share

Keywords:super conductive wire? transformer? motor? cable?

Beijing Innova Superconductor Technology Co. Ltd has exported its super-conductive wire to South Korea in a bid to enter the international market. The company produces a total capacity of 200km of BI series wires annually. The product is use in transformers, motors and cables.

At the same time, Innova constructed a production base in Beijing economic and technological development zone. When the construction is completed, the company expects a total capacity of 1,000km by 2003, and hopes to expand export coverage to international market, such as U.S. and Europe.

In addition, Innova cooperated with Yunnan Power Corp. to invest $18.11 million for the industrialization of super conductive cable production over the next five years.

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