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Diesel JV launched in city
6/7/2006 16:35

Wendy Zhang/ Shanghai Daily news

Wartsila Qiyao Diesel Company Ltd. (Shanghai), a joint venture of the Finland-based Wartsila Corporation and China Shipbuilding Industry Corporation (CSIC) No.711 Research and Development Institute, has completed its first-phase construction project, and now operates at the Shanghai Lingang heavy-equipment industry park.

Wartsila Corporation is the leading global ship power supplier and a major provider of solutions for decentralized power generation and of supporting services.

The joint venture construction project covers three phases, with the first-phase, an investment of 250 million yuan (US$31 million), specifically being built for the production of the Auxpac generator system, which is designed by Wartsila Corporation.