Sulzer Pumps has established a long term strategic
partnership with China-based Sinopec to develop commercial
activities within the hydrocarbon processing industry, the
companies said on Tuesday.
Through this collaboration, both companies expect to benefit
from joint technology development, research and
development (R&D), as well as commercial and logistics
Sinopec is one of the largest integrated energy and chemical
companies in China, with upstream, midstream and downstream oil
and gas operations.
Through this partnership, Sulzer Pumps will support Sinopec's
international operations and export business through constant
and cost-effective supply and technical excellence. For service
support and spare parts, Sinopec will be supported by Sulzer
Pumps' global service network.
A team of experts from both companies will be established in
the areas of technology, design and manufacturing
to further develop offerings for the global market.
Together, officials say the strategic partnership provides
both companies with an edge to serve the hydrocarbon processing markets.