Large order from a chemical facility in China
The German based KSB Aktiengesellschaft is to deliver 330 pumps with a value in excess of € eight million to China by the end of September 2003. The customer is a German-Chinese chemical company which is building a new industrial complex in Nanjing.
The majority of pumps will be installed in the process lines of the chemical plants and are manufactured at KSB's location in Pegnitz, Germany. A small number of pump units needed to supply the plant with cooling water will be built by KSB Shanghai. KSB Aktiengesellschaft has held a majority interest in a Chinese pump manufacturer since 1994.
Source: KSB SE & Co. KGaA