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HUBER+SUHNER and Axjo Europe Launch Sustainable Cable Drum Initiative

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HUBER+SUHNER and Axjo Europe Launch Sustainable Cable Drum Initiative

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HUBER+SUHNER AG ( (CH:HUBN) ) has shared an announcement.

HUBER+SUHNER, in collaboration with Axjo Europe, has initiated a pilot project to recycle plastic cable drums, aiming to reduce greenhouse gas emissions and resource consumption. The project, initially available in Germany, involves collecting, repairing, and recycling cable drums, contributing to a circular economy and helping both companies and their customers achieve sustainability goals.

More about HUBER+SUHNER AG

HUBER+SUHNER operates in the telecommunications and electrical engineering industry, providing products such as cables, connectors, and systems for data and energy transmission. The company focuses on sustainability and innovation, collaborating with partners to enhance resource conservation and reduce environmental impact.

YTD Price Performance: 8.41%

Average Trading Volume: 28,086

Current Market Cap: CHF1.45B

See more insights into HUBN stock on TipRanks’ Stock Analysis page.

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