Hudong Heavy Industries eyes self-design engine

Shanghai: Hudong Heavy Industries, an engine manufacturing subsidiary of CSSC Group, plans to invest RMB724m in a “propulsion research platform” project which will be completed in two years.

The investment will be made through Hudong Heavy Industries’ subsidiary Hudong Heavy Industries Accessories Co which was established in 2010.

Hudong Heavy Industries said the company will achieve a complete research capability for its own branded mid-speed and low-speed marine engines upon completion of the project. [30/10/12]

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