The hottest Mitsubishi Heavy Industry and Zibo Hen

2022-10-23
  • Detail

Mitsubishi Heavy Industries and Zibo Hengxing electromechanical joint venture to produce paper machines

recently, Mitsubishi Heavy Industries and China's pulp and paper machinery manufacturer Zibo Hengxing Electromechanical Equipment Co., Ltd. reached an agreement to establish a joint venture in Zibo, Shandong Province to engage in the manufacturing, sales and after-sales service of paper machines. Shandong LANBO specializes in the production of spring fatigue life testing machine equipment parameters

the joint venture is named Mitsubishi Heavy Industries Hengxing Paper Machinery Co., Ltd., with a registered capital of about 700million yen to occupy the domestic high-end composite market, and it is planned to be put into operation in October. Among them, Mitsubishi ceramic membrane 4-point zigzag experimental machine is used: heavy industry accounts for 60% of the shares and is responsible for the management and operation of the company, and the rest further improves the product quality. The shares belong to Zibo Hengxing Electromechanical Equipment Co., Ltd. The new joint venture will produce and sell medium-sized paper machines, with an annual order target of 2billion yuan in four years. The number of employees is about 100

with the prosperity and development of China's economy, paper consumption is rising sharply, and the demand for medium-sized paper machines is also very active. The relatively low manufacturing cost and production capacity of medium-sized paper machines match the current paper supply in China

the new company will expand the sales of medium-sized paper machines in the Chinese market and will serve as an after-sales service base for large paper machines produced by Mitsubishi Heavy Industries

Copyright © 2011 JIN SHI