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POWERCHINA signs two cooperation agreements at 2nd CIIE

Updated: 2019-11-11

Shanghai Power Equipment Manufacture CO (SPEM), a subsidiary of POWERCHINA, signed two cooperation agreements with foreign companies at the signing ceremony of the second China International Import Expo (CIIE) on Nov 7.

Focusing on the field of high-end equipment, SPEM and South Korean company Andac Engineering Corporation Limited signed a purchasing contract on high-end smart control industrial regulating valves, as well signed a purchasing contract on duplex stainless steel plates with Finnish company Outokumpu Stainless Steel (China) Co.

POWERCHINA signs two cooperation agreements at 2nd CIIE

SPEM signs a purchasing contract with Andac Engineering Corporation Limited. [Photo/POWERCHINA]

The two contracts will help SPEM to build a more comprehensive, multi-level business layout.

The high-end smart control industrial regulating valves can improve the regulating accuracy and control energy saving of the water supply equipment in the operating environment of power stations, effectively ensuring the stability and safety of the overall operation of the power system.

The duplex stainless steel plates are widely used in the marine industry and have become the main structural material for the installation of marine desulfurizing towers.

POWERCHINA signs two cooperation agreements at 2nd CIIE

SPEM signs a purchase contract with Outokumpu Stainless Steel (China) Co. [Photo/POWERCHINA]

As the world's largest power engineering contractor and designer, POWERCHINA attaches great importance to integrating global quality resources, aiming to connect China's advantageous production capacity and the advanced technologies of other countries' enterprises with the development needs of developing countries.

In the future, POWERCHINA is willing to strengthen cooperation with various companies and innovate cooperation models to promote international capacity cooperation and achieve common development.