Combustion Engineering, Alsthom Plan Joint Boiler Manufacturing Business

Alsthom and Combustion Engineering recently announced the opening of negotiations to form joint companies that will combine their respective worldwide activities in the field of fossil-fuel boilers, associated equipment and services.

Alsthom and Combustion Engineering will hold an equal stake in this new group of companies.

Combustion Engineering is the largest boiler manufacturer in the U.S.

Through its subsidiary, Stein Industrie, Alsthom is one of Europe's leading boiler manufacturers and a prominent exporter of boilers to many countries. It has been cooperating with Combustion Engineering for over 40 years.

The new group is expected to have sales totaling about 12 billion francs ($1.9 billion) and is expected to rank among the leaders in the industry.

This agreement is in line with the recently announced alliance of Alsthom and GEC-Power Systems, fur- Circle 342 on Reader Service Card ther consolidating a leading position in the world power generation market.

For free literature detailing the boiler equipment and associated products of Combustion Engineering, Circle 65 on Reader Service Card For further information on Alsthom and its power generating equipment, Circle 66 on Reader Service Card

Maritime Reporter Magazine, page 5,  Apr 1989 Texas

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.