POWERCHINA and LJUNGSTROM Announce Strategic Partnership to Boost Performance of Power Plants

Energy Press Releases Thursday August 30, 2018 17:09
BEIJING--30 Aug--PRNewswire/InfoQuest

On August 20, 2018, LJUNGSTROM and POWERCHINA Turbo Technologies (PCTT), a division of POWERCHINA, announced a strategic partnership to support the China "One Belt One Road" Strategy with technology that enhances plant efficiency, flexibility and operational performance. LJUNGSTROM will work together with PCTT in power generation and industrial facility markets in China and South East Asia to jointly approach customers with an integrated suite of best in class technologies, including fans, air preheaters, and other power generation products.

Li Yueping, member of the Standing Committee of the Party Committee and Deputy General Manager of POWERCHINA, said, "I hope, through the signing of the strategic cooperation agreement, LJUNGSTROM and PCTT will form a united community, sticking to the principles of mega merger, complementary advantages, risk sharing, and mutual benefits based on equality and common development."

"The partnership with PCTT represents a powerful opportunity for LJUNGSTROM to significantly expand our presence in China and the South East Asian markets," said Dave Breckinridge, President of LJUNGSTROM. "We're excited to partner with PCTT to bring innovative technologies to both of our projects and to enhance plant performance."

About POWERCHINA

POWERCHINA provides a full range of comprehensive services, from planning, investigation, designing, consulting, and civil works construction to M&E installation and manufacturing services in the fields of hydropower, thermal power, new energy and infrastructure. In 2018, POWERCHINA ranked 182nd of the Fortune 500 and 2nd in the ENR 2018 Top 150 Global Design Firms. POWERCHINA has become the leader in the construction of the "Belt and Road" and the leading enterprise of "International Industrial Capacity Cooperation".

About PCTT
POWERCHINA Turbine Technologies Co., Ltd. is committed to providing turbine equipment and system solutions for power plants, metallurgy, mining, rail transit, wind tunnel, water treatment and other industries.
About LJUNGSTROM

LJUNGSTROM, a division of ARVOS Group, is a global technology and innovation leader, specializing in full life-cycle services and solutions for thermal power plants and industrial facilities. With a history of heat recovery advances spanning 95 years, LJUNGSTROM is redefining clean thermal power technologies through its deep customer and technical knowledge, worldwide. For more information, visit www.ljungstrom-global.com .

CONTACT: Clint Rankin, 1-256-714-7993, clint.e.rankin@arvos-group.com
Photo - https://mma.prnewswire.com/media/736940/ljungstrom.jpg
Logo - https://mma.prnewswire.com/media/433824/LJUNGSTROM_Logo.jpg

Latest Press Release

LONGi Solar sets new bifacial mono-PERC solar cell world record at 24.06 percent

LONGi Solar has announced that it has achieved a new monocrystalline silicon PERC world record conversion efficiency using commercial wafer (M2) dimensions that exceeds 24 percent for the first time, according to tests carried out by the National Center...

Mainstream Renewable Power Secures EUR90 Million Trade Finance Facility

Mainstream Renewable Power, the leading global developer of wind and solar power plants, has today announced the closure of a new EUR90 million Trade Finance Facility with DNB and HSBC. The agreement represents one of the largest corporate debt raises in...

Risen Energy#s steadfast expansion to the global solar market

Brazilian market research firm Greener recently released the results of a report on the strategic markets for solar PV power generation during the second half of 2018. Over a one-month period, Greener conducted an extensive survey of PV solution...

YORK(R) YZ Magnetic Bearing Centrifugal Chiller expands capacity range

Johnson Controls has extended the capacity range of its award-winning YORK(R) YZ Magnetic Bearing Centrifugal Chiller to include chillers beyond 1,000 tons (3,516 kW), now up to 1,350 tons (4747 kW) of refrigeration. In early 2018, the YORK(R) YZ...

Sphera Acquires Petrotechnics to Enhance End-to-End Operational Risk Solution

Sphera Solutions Acquires Petrotechnics and Provides a Complete End-to-End Operational Risk Solution Sphera, the largest global provider of Integrated Risk Management software and information services with a focus on Operational Risk, Environmental...

Related Topics