Doosan Engine Boosts Global Competitiveness

Doosan Engine plans to produce turbochargers, a core component of diesel engines.

It is announced on September 15 that Sunghee Lee, the president & CEO of Doosan Engine, and Danie Arnet, the CEO of ABB Turbo Systems, had recently signed a technology alliance in Hamburg, Germany.

Instead of have all its turbochargers imported as before, Doosan is now set to produce them, and is expected to earn an import substitution effect worth US$60 million a year.

The alliance is valid for 15 years. Doosan Engine will begin producing turbochargers from July 2011.

Previous: Komatsu to begin dump truck output in Russia
Next: Liebherr delivers its second MTC78000