Construction of Wärtsilä Yuchai Engine plant begins in China
New production facilities in Guangdong Province, China will manufacture Wärtsilä medium speed engines.…
The area will manufacture medium-speed marine engines to serve the Chinese luxury yacht and ship manufacturing industry. Engines to be produced will include the Wärtsilä 20, Wärtsilä 26 and Wärtsilä 32 series of medium speed engines. Production is planned to start in 2014.
"Today marks an important step towards our goal to serve our customers in the Chinese shipbuilding market in the best possible way,” said Björn Rosengren, CEO of Wärtsilä Corporation, speaking from the opening ceremony.
“The combination of Wärtsilä's industry leading technology and Yuchai's position as the leading high speed engine manufacturer in China, will provide strong competence in manufacturing, sourcing and market access."
Yan Ping, Chairman of the Board of Directors, Yuchai Group, added: "Both the Yuchai Group and Wärtsilä are committed to building up the most efficient high-end medium speed engine production base in China by combining the strengths of both parties. The project is envisioned to be a role model for cooperation between China and a leading international partner in the field of advanced diesel engines."
The Wärtsilä 20, Wärtsilä 26 and Wärtsilä 32 engines are designed to be fuel efficient with low levels of exhaust emission. They are fully compliant with the IMO Tier II exhaust emission regulations as set out in Annex VI of the MARPOL 73/78 convention.
The construction of the new plant follows the joint venture agreement, signed by the two companies in December 2012.
Profile links
NEW: Sign up for SuperyachtNewsweek!
Get the latest weekly news, in-depth reports, intelligence, and strategic insights, delivered directly from The Superyacht Group's editors and market analysts.
Stay at the forefront of the superyacht industry with SuperyachtNewsweek
Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry’s most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.
NEW: Sign up for
SuperyachtNewsweek!
Get the latest weekly news, in-depth reports, intelligence, and strategic insights, delivered directly from The Superyacht Group's editors and market analysts.
Stay at the forefront of the superyacht industry with SuperyachtNewsweek