Aberdeen-headquarted subsea cable and connector specialist Hydro Group plc announced Thursday multiple Asia Pacific Business Partner agreements as the firm continues strategic growth in the region.
As part of international expansion plans in 2013 the firm formed its Singapore based division, Hydro Group Asia, which has shown an annual increase of sales in the region of over $22 million (GBP 1.5 million). The five new Business Partner agreements with Uni-One in Taiwan, ISL in China, Oceanpixel in the Philippines, PT Indonesia in Indonesia and DKHG in Vietnam will aid Hydro Group’s cabling interconnect solutions presence in these important markets.
Steve Ang, Hydro Group Asia technical sales manager, said: “Entering into these new agreements allows us to improve our network across South East Asia, as part of our continued growth plans for the region. As we specialize in custom designs, improving our network also means a greater level of contact with our customers, which is vital for our hands on design and engineering approach.”
Hydro Group is at the forefront in the development and innovation of subsea product technologies, with involvement from prototype concept through to design, manufacture and project management.
Doug Whyte, Hydro Group managing director, said: “Asia currently represents Hydro Group’s second largest export market, with significant growth in demand for our range of subsea optical cables, electrical cables and connectors from defense markets and increasingly energy customers, due to the expansion of exploration activities in the region.
“These new agreements allow us to increase efficiency and ensure regular interaction with customers across the region. We look forward to working with our new Business Partners and fulfilling increasing demand for our products.”
From its state-of-the-art manufacturing facilities in Scotland, Hydro Group develops the complete subsea electrical and optical interconnect package, built to withstand the harshest environmental conditions.
Hydro Group employs more than 100 full time staff worldwide and operates on a global platform providing total solutions to a portfolio of prime contractors, major operators, OEM's, defense agencies, defense organisations and the UK MOD.
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