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21.06.2019

Rolls-Royce Power Systems and XCMG sign strategic cooperation agreement

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, providing optimised solutions to customers worldwide.

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 renowned MTU power and propulsion systems including MTU Series 2000 and 4000 engines, into XCMG equipment for Chinese local and international mining projects, bringing together both parties’ technical strengths and business insights, in order to enhance product competitiveness and gain market share.

With annual revenue of USD 7.5 billion in 2018, XCMG is currently the largest market player in the Chinese Construction & Industrial sector, and ranks 6th 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 from120 to 400 tonnage since 2012. The both parties see great potential in further exploring the market with mining equipment built in China powered by high performing, reliable 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, to drive low-carbon, sustainable development of the mining industry. (Press Release, June 14, 2019)