Federal-Mogul Establishes New Large Bore Piston Ring Joint Venture In Changsha, China - aftermarketNews

Federal-Mogul Establishes New Large Bore Piston Ring Joint Venture In Changsha, China

This new joint venture is the second Federal-Mogul large bore ring plant in China and will extend the company's product portfolio of two-stroke and four-stroke industrial rings in the Chinese and broader Asian markets.

SHANGHAI, China – Federal-Mogul has announced it will establish a new joint venture(JV) for large bore piston rings based in Changsha, China. The new JV, called Federal-Mogul Zhengsheng (Changsha) Piston Ring Co. Ltd., will provide high-technology piston rings primarily for four-stroke industrial engines in the commercial shipping, railroad, energy and off-road industries.
 
This new joint venture is the second Federal-Mogul large bore ring plant in China and will extend the company’s product portfolio of two-stroke and four-stroke industrial rings in the Chinese and broader Asian markets. Completion of the transaction is subject to customary conditions, including regulatory approval of the joint venture.
 
"The market for leading technology and world-class large bore rings is growing as there is increasing demand for industrial engines to meet the latest emissions standards," said Weibo Weng, vice president, Federal-Mogul (China) Co. Ltd. "This new investment is another important step for Federal-Mogul to localize the supply of globally recognized Goetze and DAROS large bore rings."
 
Occupying 25,000-square-meters, the new jointventure is located in the Changsha Industrial and Technological DevelopmentZone and will operate within a new facility currently being finalized. The local partner of the joint venture will incorporate its Changsha ZhengshengPiston Ring Ltd., Corp. into the new JV.  The partner will retain a minority share of the business and will remain active in supporting customer relationships and business development.
 
Federal-Mogul says it intends to upgrade production lines and introduce new product technology, including state-of-the-art chrome-ceramic coatings, to produce low-emission, long-life, four-stroke rings for customers in China.
 
High-quality piston rings are critical to ensure the smooth and efficient operation in the demanding operating conditions and multi-year duty cycles found in large bore industrial engines. Utilizing integrated global engineering and manufacturing, Federal-Mogul today provides parts and services to worldwide industrial engine manufacturers including MAN, Wärtsilä, Doosan, Mitsubishi, Caterpillar, MTU and other leading manufacturers of industrial engines.
 
"We look forward to providing products and services to existing customers of Changsha Zhengsheng and to further expand our product portfolio to offer a wide range of high-technology piston rings to customers throughout China and Asia," Weng added. "This joint venture gives us new market access and enhances the products and services available to customers in the region."

You May Also Like

Canoo Partners with GCC Olayan

Through the partnership agreement, GCC Olayan will be the exclusive distributor of Canoo EVs in Saudi Arabia.

Advanced mobility company Canoo announced it signed an exclusive agreement with general contracting company GCC Olayan, multi-national subsidiary of Olayan Saudi Holding Company (OSHCO), for the sale, service and distribution of Canoo fleet solutions in Saudi Arabia.

GCC Olayan has been a distributor of premier brands in Saudi Arabia for more than 75 years and is the founding company of the global Olayan Group, Canoo says.

NGK Spark Plugs Announces New Company Name and Logo 

The company says the name change is reflective of transformation in the organization’s business portfolio.

AP Emissions Releases January New Part Number Update

Coverage available for Dodge, Chrysler, Ford, Land Rover, Toyota, Lexus, Mazda and Mercedes-Benz vehicles.

NRS Brakes Offers Galvanized Brake Pads for F-150 Lightning

The brake kits cover both front and rear applications for almost 1.6 million vehicles.

Raybestos Adds New Friction, Rotor, Hydraulics Coverage

The new part numbers cover more than 19 million vehicles in operation (VIO).  

Other Posts

NEXUS Automotive International Accelerates Growth in Africa

IAMAGA includes 34 Africa-based members and their affiliates.

BG Automotive Unveils Expanded Product Range

Ten new references have been added across BGA’s steering & suspension, cylinder head cover and timing chain ranges.

Opus IVS Announces Release of Giotto Software

Giotto release delivers customer requested content and features.

Adient 2022 Sustainability Report Highlights Improvements

The report details the company’s progress on ESG goals and highlights sustainable product innovations.