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Dresser-Rand and Samsung Techwin Enter Strategic Alliance

Posted on May 28, 2009

Dresser-Rand Company and Samsung Techwin Co. Ltd., an affiliate of Samsung Group in Korea, have entered a strategic alliance to cooperate in packaging and selling engineered centrifugal compressors and gas turbines.

The alliance agreement calls for exclusive packaging of Dresser-Rand DATUM centrifugal compressors and VECTRA power turbines for mechanical and generator-drive applications to supply Korean-based shipyards and engineering companies for oil and gas market applications, as well as to supply the local Korean market.

According to the company, the agreement is intended to better serve clients in the marketplace that includes floating production, storage, and offloading (FPSO) vessels and floating LNG (FLNG) vessels, and land-based gas compressor and generator sets in power, refining, petrochemical and other industries.

In support of the alliance, Samsung Techwin plans to build a new facility in its Plant #3, located in Changwon, Korea.

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