April 8, 2008
Wärtsilä signs up Chinese RT-flex licensee
Wärtsilä and Zhenjiang CME Co Ltd (CME) have signed a license agreement for the manufacture and sale of Wärtsilä RT-flex low-speed marine diesel engines by CME in China.
The agreement grants CME the right to manufacture all sizes of Wärtsilä RT-flex modern low-speed engine types at its new factory in Zhenjiang. However, CME will focus on engines of 50 cm cylinder bore and smaller.
RT-flex engines feature common-rail technology incorporating full electronic control of engine processes.
"Wärtsilä already has a business partnership with CME in the manufacture of propellers and it is a pleasure to be able to develop this partnership further and to increase the manufacturing volume for smaller Wärtsilä common-rail low-speed engines. We look forward to a long-lasting fruitful partnership", said Mr Martin Wernli of Wartsila.
The new licensee is located at Zhenjiang in Jiangsu Province up the Yangtze River from Shanghai.