Thursday, September 24, 2009

Order worth US-$ 20 million for SMS Meer from China

SMS Meer signs agreement for supply of an open-die forging press during the China /Jiangsu Forum in Düsseldorf

SMS Meer, Mönchengladbach, Germany, signed an agreement today for the supply of a 45/50 MN open-die forging press to the province of Jiangsu, China.

In the presence of the Vice-Governor of Jiangsu Province, Zhao Kezhi, and of the Minister for Economic Affairs of the State of North Rhine-Westphalia, Christa Thoben, the corresponding declaration was signed by Zhu Xiao Kun, President of Jiangsu Tiangong AIHE International, and Ulrich Vohskämper, Vice-President Hydraulic Presses Division at SMS Meer. Under this agreement, SMS Meer shall supply a 45/50-MN open-die forging press to Tiangong AIHE Co. Ltd. in Danyang City, Jiangsu Province. The press shall be used for the processing of high-quality materials, tool steel, stainless steel and high-alloy materials as semi-finished products for various industrial applications. The plant operates with a press force of up to 40 MN and an upsetting force of 45 MN. The agreement represents a total volume of 20 million US-$.

The province of Jiangsu lies on the eastern Chinese coast. It has around 76 million inhabitants. On behalf of the Chinese central government, the Jiangsu provincial government has established a national development program for the furtherance of the economy and the strengthening of the infrastructure in the coastal region and in the Yangtse Delta. During the China/Jiangsu Forum, a high-ranking economic delegation met with representatives from German busi­nesses in order to provide information on the development program and to enter into agreements with German firms.

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