Wärtsilä and Zhuhai Yuchai Marine Power sign licence agreement for
manufacturing low-speed engines i
(Thomson Reuters ONE) - Wärtsilä Corporation, Trade & Technical Press release, 15 October2009Wärtsilä Corporation and Zhuhai Yuchai Marine Power Co Ltd, asubsidiary of Guangxi Yuchai Machinery Group Co Ltd, have jointlysigned a licence agreement for the manufacture and sale of WärtsiläRT-flex low-speed marine diesel engines by Zhuhai Yuchai Marine Powerin China.The agreement grants Zhuhai Yuchai Marine Power the right tomanufacture all sizes of Wärtsilä RT-flex modern low-speed enginetypes at its new factory in Zhuhai City, Guangdong province. However,Zhuhai Yuchai Marine Power will focus on engines of 35 to 50 cmcylinder bore. The main attraction of the new licence agreement forZhuhai Yuchai Marine Power is Wärtsilä's programme of RT-flex engineswith common-rail technology. This is the latest and most moderntechnology for low-speed diesel engines incorporating full electroniccontrol of engine processes.The new manufacturing capacity of Zhuhai Yuchai Marine Power willmake a significant contribution to the delivery of Wärtsilä low-speedmarine engines to the growing shipbuilding industry in China. Thefirst engines are planned to be completed in November 2011.The agreement was signed in Zhuhai City in Guangdong province by MrJiang Shihong, Chairman of Zhuhai Yuchai Marine Power, and Mr MartinWernli, President of Wärtsilä in Switzerland."Zhuhai Yuchai Marine Power is looking forward to building Wärtsilälow-speed engines. The new agreement makes it possible for ourcompany to deliver today's most advanced low-speed diesel engines toour shipyard customers. It will extend our product portfolio and putour company right among the leading suppliers of marine equipment tothe Chinese shipbuilding industry", said Mr Jiang Shihong."Wärtsilä is pleased to be able to establish this partnership with acompany in the well respected Guangxi Yuchai Machinery Group and toincrease the manufacturing volume for smaller Wärtsilä common-raillow-speed engines. We look forward to a long-lasting fruitfulpartnership", said Mr Martin Wernli.The new licensee is located at Zhuhai City in Guangdong Province.Founded in 1951, Guangxi Yuchai Machinery Group, the parent companyof the new licensee, is located at Yulin City in Guangxi province insouth-west China. Guangxi Yuchai Machinery Group is the largestmanufacturer of and the market leader for automotive four-strokediesel engines in China. The new licensee is building a new factoryon a 330,000 m2 site at Fushan Industry Zone, Zhuhai City, for themanufacture of low-speed engines. The new factory will have aninitial capacity to build engines with an aggregate output of about1.2 million brake horsepower (885 MW), later increasing to threemillion bhp (2205 MW).Wärtsilä RT-flex marine low-speed engines bring direct benefits toshipowners. The new technology provides great flexibility in enginesetting for lower fuel consumption, lower minimum running speeds,smokeless operation at all running speeds, and better control ofother exhaust emissions.Support for the manufacture of Wärtsilä low-speed engines will beprovided by Wärtsilä's Switzerland company which is the group'scentre of excellence for the design, development, research,marketing, licensing, servicing and support of Wärtsilä low-speedengines.Pictures from the signing ceremony will be available later onwww.wartsila.com/press.Media contacts:Mr Martin WernliPresidentWärtsilä Switzerland LtdDirect tel: +41 52 262 2686e-mail: martin.wernli(at)wartsila.comMs Marit Holmlund-SundSenior Manager, PR and Marketing CommunicationsWärtsilä CorporationDirect tel: +358 10 709 1439Direct fax: +358 10 709 1425e-mail: marit.holmlund-sund(at)wartsila.comInternet: www.wartsila.comMr Jiang ShihongChairman of the BoardZhuhai Yuchai Marine Power Co LtdDirect tel: +86 756 5888688e-mail: jsh(at)yuchai.cnInternet: www.yuchai.comWärtsilä in briefWärtsilä is a global leader in complete lifecycle power solutions forthe marine and energy markets. By emphasising technologicalinnovation and total efficiency, Wärtsilä maximises the environmentaland economic performance of the vessels and power plants of itscustomers.In 2008, Wärtsilä's net sales totalled EUR 4.6 billion with 19,000employees. The company has operations in 160 locations in 70countries around the world. Wärtsilä is listed on the NASDAQ OMXHelsinki, Finland.www.wartsila.comGuangxi Yuchai Machinery Group Co Ltd in briefFounded in 1951, Guangxi Yuchai Machinery Group is located in Yulin,Guangxi, which enjoys the fine reputation of being "ancientprefecture for a thousand years & city in the south of themountains". Now it possesses 37 solely-owned, holding orequity-participating subsidiaries, employs a staff of 16,000 and hastotal assets of RMB13.4 billion. Today Guangxi Yuchai Machinery Grouphas the largest independent production base of diesel engines in theworld and is the largest manufacturer and exporter of medium- andsmall-sized construction machinery in China, being known as "theChinese capital of green power".www.yuchai.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 15.10.2009 - 03:00 Uhr
Sprache: Deutsch
News-ID 6929
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