Transportation Industry
Wartsila, MHI in strategic alliance.(business NOTES)
Marine Log, October, 2005
Finland's Wartsila Corporation and Japan's Mitsubishi Heavy Industries Ltd. (MHI) have signed an agreement for a strategic alliance in the field of two-stroke diesel engines.
The two companies say that "various possibilities will be explored in research and development as well as in the efficiency of production and distribution of jointly developed two-stroke diesel engines."
Wartsila and MHI both have wide portfolios of low-speed, two-stroke diesel engines. Wartsila's Sulzer RTA and RT-flex engines cover the power range of 5,000 to 80,000 kW and MHI's UE engines cover the range of 1,120 to 46,800 kW.
Besides its UE engines, MHI already builds and tests two-stroke engines designed by Wartsila.
The companies jointly developed a new...
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