Hansen Transmissions and Romax Technology announce combined offering to wind turbine manufacturers
September 23 2010 - 2:01AM
UK Regulatory
TIDMHSN
Kontich, Belgium - Nottingham, UK - 23 September 2010 - Hansen Transmissions
International NV ("Hansen"), one of the leading wind turbine gearbox designers
and manufacturers, and Romax Technology Limited ("Romax)", the drivetrain and
gearbox solutions specialists, have signed an agreement to combine their
expertise to wind turbine manufacturers, primarily focussed on the Chinese and
South-Korean markets.
Hansen and Romax will work together to deliver to certain Chinese and South
Korean wind turbine manufacturers a complete and technically advanced service
for the design, development and supply of state-of-the-art gearboxes for Multi
MW wind turbines.
As quality, time-to-market and cost are the cornerstones of the wind turbine
industry going forward, this collaboration between Hansen and Romax aims to meet
the requirements of the wind turbine manufacturers for a comprehensive and
advanced service. It will include the design, certification and field validation
of their wind turbine drive trains as well as serial supply of the main
components thereof through a one-stop service. The cooperation between Hansen
and Romax aims to combine a shorter time-to-market, with high-end standards,
plus serial testing and supply. The serial supply can be provided from Hansen's
existing production facilities in Asia, including its state-of-the-art assembly
and test facility in Tianjin, China.
The collaborative agreement is non-exclusive and allows both companies to
continue to work independently.
Dr. Peter Poon, Chief Executive Officer of Romax, commented: "It is our belief
that combining the complementary capabilities and expertise of Hansen and Romax
will drive the technical advancement and effective supply of gearboxes to the
wind energy industry. At the same time, this is a step forward in the rapid
global deployment of next generation wind turbines."
"The Wind Power Industry will continue to experience significant growth over the
coming years," said Luc De Proost, Chief Business Development Officer of Hansen.
"Our partnership with Romax is a clear commitment to strengthening our
resources, increasing and enhancing our offering, and targeting best in class
time-to-market in the Asian region."
Dr. Stefan Lammens, Chief Technology Officer of Hansen, said: "We are excited by
the prospect of developing this complementary relationship with Romax, as it
enables Hansen to strengthen our position as one of the leading designers and
manufacturers of high quality gear units whilst at the same time bringing our
development activity closer to our Asian customers."
- END -
For further information, please contact:
+-------------------------------------------------------------+
| Hansen Transmissions International NV |
| |
| Marketing & Business Development |
+--------------------------------------+----------------------+
| Wim Deckx | +32 (0) 477 46 84 81 |
| De Villermontstraat 9 | |
| 2550 Kontich - Belgium | |
| wdeckx@hansentransmissions.com | |
| | |
+--------------------------------------+----------------------+
| Investor Relations |
+--------------------------------------+----------------------+
| Hans Ooms | +32 3 450 58 62 |
| De Villermontstraat 9 | |
| 2550 Kontich - Belgium | |
| hans.ooms.ir@hansentransmissions.com | |
| http://ir.hansentransmissions.com/ | |
| | |
+--------------------------------------+----------------------+
+-------------------------------------------------+
| Romax Technology Ltd. |
| |
| Marketing & Business Development |
+---------------------------+---------------------+
| Xiaobing Hu | +44 (0)115 951 8800 |
| Rutherford House, | |
| Nottingham - UK | |
| xiaobing.hu@romaxtech.com | |
| | |
+---------------------------+---------------------+
About Romax Technology
Romax Technology (Romax) is a global engineering consultancy, whose Wind Energy
division offers technically advanced design services and software tools for the
development of wind turbine gearboxes, bearings and drive trains. They work
alongside some of the industries leading companies and their service portfolio
includes concept design, analysis and modelling, detail design, design review
and certification as well as support services in the field of supply assessment,
component specification and sourcing. Romax Wind Energy offices are based in UK
(Nottingham), China (Beijing, Dalian & Hangzhou), South-Korea (Seoul), India
(Pune) and USA (Boulder)
About Hansen Transmissions
Hansen Transmissions International NV is an established global wind turbine
gearbox and industrial gearbox designer, manufacturer and supplier, with a
leading position (by MW supplied) in the wind turbine gearbox market. The
Company supplies gearboxes to the world's major manufacturers of gear-driven
wind turbines and provides durable gear drives for a wide range of industrial
applications throughout the world. Both Hansen's wind energy and industrial
activities have established dedicated international service networks. In
addition to its principal state-of-the-art manufacturing facilities located in
Flanders, Belgium - i.e. a wind turbine and industrial gearbox plant and a fully
integrated, dedicated wind turbine gearbox manufacturing facility - Hansen has a
production plant for wind turbine gearboxes in Coimbatore, India and an assembly
and testing plant for the Chinese market, located in Tianjin, China. As such,
Hansen plans to increase its wind turbine gearbox manufacturing capabilities
from 8,500 MW per annum in the financial year 2010 to 14,300 MW in financial
year 2013. Strong in-house R&D operations maintain Hansen's technological
leadership and the Company employs approximately 2,200 people worldwide.
http://www.hansentransmissions.com/en/
http://ir.hansentransmissions.com/
Forward Looking Statements
This press release may include statements that are "forward-looking statements".
In some cases, these forward-looking statements can be identified by the use of
forward-looking terminology, including the terms "believes", "estimates",
"forecasts", "plans", "prepares", "projects", "anticipates", "expects",
"intends", "may", "will", "should" or other similar words. Forward-looking
statements may include, without limitation, those regarding Hansen's financial
position, business strategy, plans and objectives of management for future
operations (including development plans and objectives relating to Hansen's
products) and the wind turbine and gearbox markets. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of Hansen, or
industry results, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
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which Hansen will operate in the future. These forward looking statements speak
only as of the date of this press release. Hansen expressly disclaims any
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forward-looking statement contained herein to reflect any change in Hansen's
expectations with regard thereto or any change in events, conditions or
circumstances on which any such statement is based.
#
[HUG#1446216]
Press Release (PDF):
http://hugin.info/139494/R/1446216/389212.pdf
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Source: Hansen Transmissions International NV via Thomson Reuters ONE
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