During 2011, the focus on moving manufacturing closer to customers in Asia continued.

In June, Wärtsilä CME Zhenjiang Propeller Co. Ltd., the joint venture company of Wärtsilä and Zhenjiang CME Ltd., inaugurated its new manufacturing facilities for Controllable Pitch Propellers (CPP) in Zhenjiang, China. The majority of the new factory’s manufacturing equipment was transferred from the Wärtsilä factory in Drunen, the Netherlands, where production was closed in 2010. The first CPP manufactured by Wärtsilä CME Zhenjiang Propeller Co. Ltd. was approved by the classification society and the customer on 4 November 2011.

In July, CSSC Guangzhou Marine Diesel Co. Ltd., a member of the state-owned China State Shipbuilding Corporation, and Wärtsilä jointly signed a license agreement for the manufacturing and sale of Wärtsilä low-speed engines in China. It covers the entire engine portfolio with a power range from 4,300 to 80,000 kW per engine. With the shipbuilding industry being increasingly concentrated in Asia, the local manufacture of Wärtsilä’s marine engines is a key element in the company’s growth strategy.

In November 2011, Wärtsilä and Doosan Engine Co. Ltd., a member of the Doosan Group, signed a ten year extension to the licensing agreement for building Wärtsilä low-speed engines. The agreement renewal covers the period from 2012 to 2021.

Activities in Wärtsilä’s joint venture with Transmashholding in Russia are proceeding according to plan. The joint venture is preparing to manufacture modern and multipurpose diesel engines, including a new and technically advanced version of the Wärtsilä 20 engine, to be used in shunter locomotives and for various marine and power applications.

Megawatts delivered      
  2011 2010 Change, %
Power Plants, own deliveries 2 990 3 442 -13
Ship Power, own deliveries 1 673 2 057 -19
Wärtsilä, own deliveries total 4 653 5 498 -15
Ship Power, deliveries by licensees 2 940 3 193 -8
Total deliveries 7 593 8 691 -13
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