(EnergyAsia, October 3) — Finland’s W’rtsil said that it, China Shipbuilding Industry Corporation (CSIC) and Mitsubishi Heavy Industries (MHI) are establishing a joint venture to manufacture large, low-speed marine engines in China. CSIC will hold 50% of the joint venture, W’rtsil’ 27% and Mitsubishi 23%. The investment will total around 75 million euros to…
CHINA: W’rtsil’, China Shipbuilding Industry Corporation and Mitsubishi Heavy Industries in joint ma
Posted on October 3, 2006 by EnergyAsia