Rolls-Royce Power Systems and XCMG Sign Agreement
By Mike Osenga14 June 2019
Rolls-Royce Power Systems and XCMG, a multinational heavy machinery manufacturing company based in Jiangsu, China, have formed a strategic cooperation alliance to further develop the Chinese domestic and export mining equipment markets.
A strategic cooperation agreement was recently signed in Xuzhou, headquarters of XCMG, by senior executives of the both companies. According to the agreement, Rolls-Royce and XCMG are committed to joint efforts in exploring opportunities to integrate Rolls-Royce’s MTU power and propulsion systems including MTU Series 2000 and 4000 engines, into XCMG equipment for Chinese local and international mining projects.
With annual revenue of US$7.5 billion in 2018, XCMG is one of the largest manufacturers in the Chinese construction and industrial sector, and ranks reportedly sixth in the world’s construction machinery industry.
Rolls-Royce Power Systems has been supplying MTU S2000 and S4000 diesel engines to power XCMG’s mining trucks ranging from 120 to 400 tonnage since 2012. The both parties see potential in further exploring the market with mining equipment built in China powered by MTU diesel engines that meet Chinese and global emission standards today and in the future.
The two companies also agreed to collaborate on the validation and testing of new power and propulsion technologies including gas engines and hybrid solutions, as well as applications of digital technologies.