Rheinmetall Automotive’s KS Kolbenschmidt division has signed a licence agreement with supplier, ZYNP to produce and market commercial vehicle steel pistons for the Chinese market.
ZYNP, the leader in the Chinese market for cylinder liners, will also manufacture and market steel pistons in the country through the brand name KS Kolbenschmidt. Customer specific development of the respective piston models will be solely in the hands of KS Kolbenschmidt.
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The key market driver for the commercial vehicle sector in China will be the emission standard (Euro 6) to become effective in January, 2020. In addition, the further reduction in gross vehicle weight to a maximum of 48 tonnes will also help fuel market momentum in China.
The licence agreement also envisages deeper strategic cooperation.
The Chinese licensee will acquire new steel piston production lines from KS Kolbenschmidt.
Facilities will be set up at a newly-founded ZYNP production plant in Mengzhou (Henan province). The investment for the new plant and its equipment will be an unspecified double-digit million euro amount.
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