PRTODAY / NewswireToday press release distribution service network
More news: Energy
Written by / Agency / Source: General Electric Company
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!

GE Strengthens Role in China Compressor Manufacturing with SBW Group - Partners close strategic deal announced in January, reinforcing GE’s commitment to China (NYSE: GE)
GE Strengthens Role in China Compressor Manufacturing with SBW Group


NewswireToday - /newswire/ - Bejing, China, 2010/10/25 - Partners close strategic deal announced in January, reinforcing GE’s commitment to China (NYSE: GE). NYSE: GE

Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

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


GE today announced the completion of its acquisition, from Shenyang Blower Works Group Company Ltd. (SBW Group), of a minority equity interest in Shenyang Turbo Machinery Corporation, a large-scale, Chinese state-owned enterprise dedicated to the design and manufacture of turbomachinery equipment and the main operating subsidiary of SBW Group.

Claudi Santiago, president and CEO, GE Oil & Gas said: “GE is committed to a significant local presence and long-term investment in China. This agreement consolidates our 30-year relationship with SBW Group, China’s foremost manufacturer of compressors, and enables GE to continue to support China’s critical energy infrastructure projects with high-end technology and world-class engineering expertise.”

Mr. Su Yongqiang of SBW Group said: “We’re proud of our long-standing relationship with GE Oil & Gas. Together we are supporting some of China’s most important energy projects, including the milestone West-to-East gas pipeline. GE’s equity holding formalizes our successful partnership and provides a strong platform on which to build, working towards shared growth objectives.”

GE Oil & Gas is a major supplier of turbomachinery equipment to PetroChina, owner and developer of the West-to-East gas pipeline infrastructure project, which snakes through 13 provinces and autonomous regions and is playing a vital role in supporting China’s energy security and economic development. Supported by GE Oil & Gas, SBW manufactured compression equipment also for the West-to-East Gas pipeline project.

In addition to the West-to-East pipeline project, GE has been an equipment supplier for Sinopec's Sichuan-to-East China pipeline, which transports natural gas from the Puguang field in Sichuan to Shanghai in China's eastern region. Sinopec (China Petroleum and Chemical Corp.) is China's second-largest oil and gas producer.

Through the drilling and production solutions platform, GE Oil & Gas also supplies equipment and services for upstream exploration and production in China including wellheads, drilling systems, trees, valves, connectors, controls, compressors, gas turbines, multi-phase and reinjection pumps.

GE Oil & Gas in China
GE Oil & Gas has been active in China for more than 30 years and is a leading player in the refinery and petrochemical sectors of the country’s oil and gas business. With the growing demand for natural gas transmission, as illustrated by the two West-to-East pipeline projects, GE Oil & Gas greatly expanded its role as a supplier of pipeline compression equipment in the country and region.

About GE Oil & Gas
GE Oil & Gas ( is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines and storage to industrial power generation, refining and petrochemicals. We also provide pipeline integrity solutions, including inspection and data management. As part of our 'Innovation Now' customer focus and commitment, GE Oil & Gas exploits technological innovation from other GE businesses, such as aviation and healthcare, to continuously improve oil and gas industry performance and productivity. GE Oil & Gas employs more than 12,000 people worldwide and operates in over 100 countries.

About GE
GE ( is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Website. GE is Imagination at Work.

About SBW Group
SBW Group, headquartered in Shenyang in China’s Liaoning Province, was founded in 1934 to design, manufacture and commercialize centrifugal and reciprocating compressors and pumps for application in the domestic petrochemical, fertilizer, coal, natural gas transportation, and power industries. The group’s domestic installed base includes over 2000 large-scale centrifugal compressors, over 1200 large water pumps and over 1000 reciprocating compressors, and its customers include China Petrochemical Corporation, China National Petroleum Corporation, Linde, JSW Steel Limited,. The company, whose main shareholder is the Shenyang Government, operates 13 subsidiaries and has over 6,000 employees, including a core management team with more than 50 years of compressor design and manufacturing experience. SBW Group sales for 2009 stood at $1000 million, reflecting a 14% growth on the previous year.

Press Contacts
Geoff Li, GE Corporate - China
P: +86 21 3877 7888 x3046 / M: +86 1391 818 9557 / E:[.]

GE news, Masto Public Relations / E: information[.]

[Content made possible by PRZOOM indexing services]

Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

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


Written by / Agency / Source: General Electric Company


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
Energy articles,
CATCH Visitors via Your Competitors Announcements!

GE Strengthens Role in China Compressor Manufacturing with SBW Group

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: Nigel O'Connor - GE Oil & Gas 
+44 20 7302 6941 nigel.o'connor[.]
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 General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Energy 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 General Electric Company / Company Profile

Read Energy Most Recent Related Newswires:

Global Energy Storage to Rebound and Witness Strong Capacity Additions Despite Pandemic Finds Frost & Sullivan
Uniper Lauded by Frost & Sullivan for Optimally Extracting Actionable Insights from Available Data with its IIoT-based Platform, Enerlytics
ABB to Install Control Solution for the Automation of Lhyfe’s First Green Hydrogen Clean Energy Production Project
ABB and Metsä Fibre Sign Agreement to Supply Electrification and Drive Technology for New Finnish Bioproduct Mill
Pilot Project on Innovative Cavitation Monitoring in Hydropower Plants Launched in Iceland
ANDRITZ to Perform Complete Modernization and Digitalization of Sobradinho HPP in Brazil
European Research Institutes and Industry Partners Join Forces to Develop High-performance Solar Panels with Improved Environmental Profiles
ABB Wins 0 Million Framework Contract to Strengthen South America’s Power Grid
Global Focus on Renewable Energy Creates Tremendous Growth Prospects for Wind Turbine Materials Finds Frost & Sullivan
ABB Partners with China’s State Grid to Integrate Large-scale Renewables
Iskraemeco Lauded by Frost & Sullivan for Expanding Rapidly in the Global Market by Employing Solid Multi-tiered Growth Strategies
Large Wind-power Plant with Yokogawa Control System Comes Online in Japan
Technology-led Solutions Help Onshore Wind Turbine Manufacturers Tap Additional Revenue Opportunities Finds Frost & Sullivan
ABB Completes Acquisition of Chinese EV Charging Provider Chargedot
ABB Launches Innovative UPS Solution

Boost Your Social Network
& Crowdfunding Campaigns

NewswireToday Celebrates 10 Years in Business



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 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 (