ABB will increase investment in China by 150 million US dollars this year


Shanghai ABB new site inauguration ceremony

ABB announced that it will invest US$150 million in China in 2009 to strengthen ABB's leadership in the power and automation market.

Shanghai, ABB, the world's leading power and automation technology group ranked on the world's top 500, on May 12, 2009, announced today that it will invest US$150 million in China to expand and develop ABB's existing presence in China. To consolidate ABB's leadership in the power and automation market.

Mr. Qian Kun, CEO of ABB Group, attended the inauguration ceremony of the new site of Shanghai ABB Engineering Co., Ltd. in Shanghai Pudong New Area. The production, research and development and office facilities of the new site have a construction area of ​​more than 70,000 square meters and an area of ​​over 100,000 square meters, which is more than three times larger than the original site. The company's production capacity has been greatly improved.

Mr. Qian Kun said: Despite the global financial crisis, I believe that the market demand for ABB's technology to improve industrial productivity, grid stability and energy efficiency will continue to grow. ABB's continued investment in China will not only help China's local economic development, but also help ABB prepare itself for the next round of economic development.

Shanghai ABB Engineering Co., Ltd. has gone through 10 years of development. After moving into the new location, the company's business activities include manufacturing, sales and engineering services for industrial robots, instrumentation, integrated analytical systems, and substation automation systems including control and protection devices.

With the official launch of Shanghai ABB Engineering Co., Ltd., ABB's robot production capacity in China will double. By the end of 2009, ABB's full range of painting robots will be produced at the company's new location. The new site is also the global production base for ABB's instrumentation products. The capacity of the flowmeter will double and the capacity of the pressure gauge will increase by more than 50%.

The ABB Analysis Cabin, which stands on the new site, is a complete integrated analysis system that can be combined with other electrical equipment and auxiliary equipment in oil, natural gas, chemical and other industries to help monitor the flow of gases and liquids in industrial production processes and ensure the operation of equipment. Safe and efficient. This is also ABB's largest analytical system integration base in the world.

The company also plans to introduce the latest high-voltage relay protection and measurement and control system production lines to provide power products including line differential protection, transformer protection, bus protection and measurement and monitoring devices to domestic and foreign markets.

Ke Ruisi, president of ABB North Asia and chairman of the China company, said that Shanghai ABB Engineering Co., Ltd. is one of ABB's 27 local companies in China. ABB also plans to expand another six companies this year. He said: ABB's expansion in the financial crisis will increase ABB's total investment in China to 1.16 billion US dollars, highlighting ABB's commitment to continue to focus on China's future development.

Shanghai ABB Engineering Co., Ltd. has adopted a number of environmental technologies, including solar energy facilities, high insulation materials and energy-saving lighting facilities. The ice storage air conditioner used in the new site can use the electric power refrigeration ice storage when the grid load is at a low point, and store the cold energy to cool the air conditioner in the building at the peak of the power supply network. The application of this technology can reduce the peak load of the grid, thus reducing the overall energy consumption. Compared with traditional buildings, the new site can reduce 600 tons of carbon dioxide emissions per year, equivalent to saving 700 tons of standard coal.

ABB is a global leader in power and automation technology. ABB's technology can help power, utility and industrial customers improve their performance while reducing the negative impact on the environment. ABB Group has operations in more than 100 countries and employs 120,000 people. ABB has a full range of business activities in China including R&D, manufacturing, sales and engineering services. The 15,000 employees in China are located in 60 different cities, serving 27 local companies and 38 sales and service branches.

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