MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Voith GmbH
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Voith Supports the MDIC's Proposal on Local Content Requirements for Equipment Purchases by Electric Utility Companies - Voith supports the initiative of the Ministry of Development, Industry and Foreign Trade (MDIC) on local content requirements for equipment purchases by electric utility companies in Brazil - Voith.com
Voith Supports the MDIC's Proposal on Local Content Requirements for Equipment Purchases by Electric Utility Companies

 

NewswireToday - /newswire/ - Heidenheim, Baden-Wuerttemberg, Germany, 2013/11/18 - Voith supports the initiative of the Ministry of Development, Industry and Foreign Trade (MDIC) on local content requirements for equipment purchases by electric utility companies in Brazil - Voith.com. FSE: VO2A

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

As a Germanrooted company active in the technology segment, Voith regards the government's proposal as an important step for the industry, and considers itself to be well-prepared to comply with the requirements from this initiative, since local rootedness is a key issue for its market success.

The company, which will celebrate its 50th anniversary in Brazil in 2014, expects to increase its local activities even further as a consequence of this initiative from the MDIC. With some 5,700 Brazilian employees working with Voith Brazil, the company is fully localized in the country, which is one of its key markets.

To illustrate its strategies for investing locally, a recent example is Voith’s investment to open a new production line in its unit in São Paulo, which will now be capable of manufacturing Vorecon variable-speed planetary gears equipment used to control the speed of electric compressors employed in offshore oil extraction processes.

Voith is delivering for instance Vorecon variable-speed planetary gears to the Brazilian oil and gas industry. Last year, the company secured a contract with Petrobras to supply 60 Vorecons for offshore production in the oil fields of the huge pre-salt cluster in the Atlantic, approximately 300 km outside Rio de Janeiro. With the new production line, Voith will be not only be able to comply with local content laws, but will also strengthen its position in the growing oil and gas markets in Brazil.

Voith Brazil is also a worldwide reference regarding Research and Development within the Voith Group. Our Tissue Innovation Center in São Paulo is responsible for developing the latest technologies for sanitary paper manufacturing and pulp drying, which have been exported to the paper industry worldwide.

Voith (voith.com) sets standards in the markets energy, oil & gas, paper, raw materials and transport & automotive. Founded in 1867, Voith employs almost more than 40,000 people, generates €5.6 billion in sales, operates in over 50 countries around the world and is today one of the biggest family-owned companies in Europe.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Voith GmbH

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing / Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Voith Supports the MDIC's Proposal on Local Content Requirements for Equipment Purchases by Electric Utility Companies

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Markus Woehl - Voith.com 
+49(0) 7321 37 2219 markus.woehl[.]voith.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Voith GmbH securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing / Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Voith GmbH / Company Profile


Read Manufacturing / Robotics Most Recent Related Newswires:

YASKAWA - Automated Laboratory Tests with Robots
Tripp Lite Recognized with a 5-Star Rating in the 2020 CRN® Partner Program Guide
LANXESS Unveils Double-shell, Welded Motorcycle Tank
BASF and Glycosyn Leverage IP to Successfully Remove Glycom’s HMO Products for IBS Management from Amazon.com
DSM Completes Acquisition of Glycom
LANXESS Demonstrates Brand-new Software for Analyzing Reverse Osmosis
KRAIBURG TPE Rolls Out THERMOLAST® K TPE Series for Modern and Smart Kitchen Appliances Applications
Yokogawa Wins Order to Provide Control System and Field Instruments for Gas-fired Power Plant in Turkmenistan
BASF Introduces Fourtune™ Fluidized Catalytic Cracking (FCC) Catalyst to Deliver More Butylene for Refiners
Hitachi Capital, Yokogawa, and amnimo Enter into a Comprehensive Partnership Agreement for IIoT Business
TrinamiX Launches Mobile Near Infrared Spectroscopy Solution
BASF Increases Prices for Neopentylglycol and 1,6-Hexanediol in Europe
Yokogawa Releases SU10 Single Cellome Unit for Use in Biological Research
PPG Honors Colours, Inc., with Automotive Refinish Platinum Distributor of the Year Award
Tripp Lite’s New PoE Surge Protector Withstands Harsh Weather Conditions

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Limelon Advertising, Co.





 
  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)