Electricity + Control July 2015

DRIVES, MOTORS + SWITCHGEAR

ROUND UP

Joint venture in large fans

as a result of the acquisition of that company’s international fan division by an opposition fan manufacturer. TLT ACTOM retains the existing technology agreements with Fläkt Woods for categories of fans used in industry and for heat- ing, ventilation and cooling (HVAC) systems used mainly in large commercial applications. The large fan systems covered byTLT ACTOM’s new technology partnership incorporate axial flow and centrifugal fan units with power ratings of up to 15 MW. TLT-Turbo GmbH is wholly owned by Power Construction Corpora- tion of China, a Chinese state-owned industrial conglomerate which

ACTOM has joined international fans companyTLT-Turbo GmbH of Germany in forming a joint venture (JV) company to cater to both the sub-Saharan and local market for all types of large fans. The market comprises mainly the industrial, mining, process, metallurgical, cement and power generation industries.The forma- tion of the JV company, TLT ACTOM (Pty) Ltd, and the technology and licence agreements signed by the two partners took effect from May 1, 2015. ACTOM and TLT-Turbo negotiated the new international part- nership after ACTOM’s technology agreement with international ventilation fan producer Solyvent Fläkt Woods AG was dissolved

is one of the world’s 500 largest companies. Craig Johnston, managing director of TLT ACTOM – which formerly traded as ACTOMMe- chanical Equipment – said: “The new partnership arrangement places us in a much stronger posi- ton than before in two major respects. Firstly, in partneringTLT-Turbo in a 50-50 JV company we have a closer and firmer association with our international partner than applied previously. “Secondly, we are entering the local power generation market with much stronger creden- tials than before. "There is an established installed base ofTLT- Turbo large axial flow fans at Eskom’s Majuba power station and their fan systems are being installed and commissioned at both of Eskom’s new power stations, Medupi and Kusile.” Enquiries: Craig Johnston.Tel 011 878 3029 or email craig.johnston@actom.co.za

Made with