Home 禄 Business 禄 Manufacturing
Drilling rig JVs to tap potential
Print Edition
ATLAS Copco yesterday opened two joint ventures with Chinese drilling equipment maker Hongwuhuan Group to produce and sell drilling rigs in China, the Swedish industrial company said.
One of the joint ventures is based in Quzhou, Zhejiang Province, and will develop and produce surface drilling rigs and rock drilling tools. The other one, based in Shanghai, will focus on sales.
The companies expect to achieve 200 million yuan (US$29 million) in sales this year.
The promising outlook is attracting foreign manufacturers which, however, “need to resort to local production to reduce cost amid fierce domestic competition,” said Freddy Man, general manager for mining in China of Atlas Copco.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
