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CHINA: ABB LARGE-POWER RECTIFIER INSTALLED IN XI'AN ECONOMIC ZONE.

Asia Africa Intelligence Wire

(From InfoProd)

According to fdi.gov.cn: On June 22, ABB (China) Company Limited and Xi'an Power Rectifier Company Limited announced a formal agreement between them on the ABB large-power rectifier company limited. The new company will be located in Xi'an Economic and Technological Zone. The Swizerland-based ABB is a world-renowned Fortune 500 company and enjoys a globally leading position in power and automation technologies. Xi'an Electric Power Rectifier Company Limited affiliated to Shannxi's Power Group, a dragon-head company of the province, has been importing cutting-edge technologies in recent years and is leading the industry in terms of electric chemistry, …

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