Grand Foundation of KSB Chemical Pump Plant Project
On the morning of April 28, under the witness of more than 20 government leaders at all levels, project construction related units and 100 colleagues from KSB Group, North Asia management and various departments of KSB Shanghai, the foundation of KSB chemical pump plant project was laid in Shanghai Minhang. This is an important milestone for the project after the formal approval of the German Board of Directors and Supervisory Board, it means that all the preliminary design, engineering preparation of the project has already been completed, and construction is about to begin.
The project, with a total investment of 18 million euros, will be built in two phases. The first phase is expected to complete the main structure by the end of 2023, and it is planned to formally complete the equipment commissioning and delivery operation in June 2024. After putting into operation, the output target of 2,500 chemical pumps per year will be achieved in the short term, which will greatly consolidate the plant leadership position of KSB in the high-end pump market in China. And strongly support including Three major oil enterprises, SEI, HuanqiuCEC, Wison and other major domestic customers as well as BASF, Covestro, Evonik, Air Liquide and other international chemical customers pump demand growth.
Mr. Kannefass, Executive Director and Chief Sales Officer of the KSB Group, said at the ceremony: Over the past 30 years, KSB's development has been closely related to the growth of the Chinese economy, and the company has deeply integrated into the market and achieved common growth with customers. With the advancement of urbanization, the upgrading of consumption and the continuous expansion of the middle class, the market will present diversified demands. At the same time, the qualitative growth of China's economy will also promote the continuous investment in green production, digital transformation, improving energy efficiency and reducing emissions, which are great opportunities for the development of the pump industry, and KSB will continue to create value for customers in the Chinese market.
Zhang Hongtao, chief engineer of the Shanghai Municipal Commission of Economy and Informatization; Zhang Yubao, executive vice president of CPEI; and Zhang Zhixiong, deputy general manager of MATSU, also delivered speeches respectively. They said that KSB's investment in Shanghai is the best response to the government's measures to develop advanced manufacturing, adhere to opening-up, and continuously optimize business and service for foreign enterprises, and is also the best interpretation of high-quality foreign investors' continued confidence in the Chinese market. They expressed their strong support for the KSB project, and look forward to taking this opportunity to take root in Shanghai, deeply cultivate China, constantly improve technology, intelligent manufacturing, innovation capabilities, and achieve better and faster development.
Mr. Hoffmann, President of Global Petrochemical and Chemical Industry of KSB, introduced the construction scale, production capacity and digital design concept of the new plant at the groundbreaking ceremony. Referring to the significance of investing in a new chemical pump plant.
Mr. Hoffmann noted that the plant's commissioning will promote the localization process, increasing the engineering, manufacturing and testing capabilities of chemical process pumps in the country. KSB is committed to creating an efficient and complete value chain of chemical process pump business center, through the introduction of core technology, optimizing of processes and processes, developing green supply chain, enabling front-end sales capacity enhancement and channel capacity development, to help the sustainable development of KSB chemical business.
Mr. He Jun, CEO of KSB North Asia, expressed his gratitude to the group company, all sectors of government, project stakeholders and KSB colleagues for their support of the project in his final speech in both Chinese and English. He said that the production of the new plant will not only lay a solid foundation for the future development of KSB, but also enhance the company's sense of social responsibility. The new production capacity will increase sales of 450 million yuan and tax revenue of 22 million yuan for the company. While increasing employment, more technical professionals will be trained. The completion of the project can play the effect of "three birds with one stone", which will not only make the petrochemical and chemical business produce a qualitative leap, but also have a positive impact on the general industry and water industry standard business.
As one of the largest single investments in the history of in KSB Shanghai, the project represents the company's development vision from heritage to innovation, is the perfect combination of German technology and Chinese localization, and will become a new business growth engine for KSB. In the future, KSB will strive to build a green, digital full process chemical process pump plant, and continue to provide better products and services for local and international customers. Let’s look forward to the moment when the blueprint becomes a reality and witness a better tomorrow together!