Wärtsilä strengthens its leading position in ...
Wärtsilä Corporation, Press release, 18 November 2008, at 8.15 am
(EET)
Wärtsilä is to establish a new centralised environmental products
know-how unit. Termed Delivery Centre Ecotech (DC Ecotech), the unit
will focus on developing and delivering environmental technologies,
as well as products for emissions reduction and efficiency
improvement. By combining the broad and outstanding know-how within
the company, Wärtsilä will strengthen its global leadership position
in offering environmental technologies for power solutions.
DC Ecotech will be a global unit within Wärtsilä and it is to be
headed by Mr Juha Kytölä, President of Wärtsilä Finland, and
currently also Vice President, Delivery Centre Vaasa, Finland. The
new unit will be fully operational from January 2009.
In explaining the reasoning behind this initiative, Mr Kytölä
commented: "Wärtsilä has many years of experience in delivering
emissions reducing equipment for the exhaust stream of its engines,
both in land based power plants and ship installations. Common to all
these deliveries is the fact that they are tailor made for each
specific installation. DC Ecotech will focus on both the further
development of these technologies, as well as a portfolio of products
that can be produced in volume."
DC Ecotech will act as Wärtsilä's centre for proactively developing
environmental technologies. Furthermore, in promoting and providing
legislation know-how, the unit will help customers to comply with
environmental rules and regulations as they become increasingly
stringent.
New tighter emission regulations
Tighter emissions legislation is impacting both the shipping and
power plant sectors. For example, the International Maritime
Organization's (IMO) Tier II requirements stipulate a 20% reduction
in nitrogen oxide (NOx) emissions from current levels, while the Tier
III requirements, which come into force in 2016, ask for an 80%
reduction from today's levels in selected areas. Sulphur oxide (SOx)
emissions are also to be significantly reduced. Similarly,
legislation requirements for power plants with similar emissions
components are becoming increasingly stringent. There is also an
increasing global focus on lowering CO2 emissions, and discussions
regarding limitations in this area have already started.
In tackling these environmental challenges, Wärtsilä's DC Ecotech
unit will continue and expand the company's ongoing new product
research. This includes work on the development of a new selective
catalytic reactor (SCR) unit system for gas engines as well as the
validation and design optimisation of the recently launched NOR
(Nitrogen Oxides Reducers) SCR unit. Developmental work also
continues on a combined marine scrubber and exhaust gas module, a
waste heat recovery concept and carbon dioxide capture and storage
technology.
For more information please contact:
Mr Juha Kytölä
Vice President, Delivery Centre Ecotech
President, Wärtsilä Finland
Tel: +358 40 500 2936
Tel: +358 10 709 2650
juha.kytola@wartsila.com
Mr Atte Palomäki
Group Vice President, Communications
Wärtsilä Corporation
Tel: +358 40 547 6390
Tel: +358 10 709 5599
atte.palomaki@wartsila.com
Wärtsilä in brief
Wärtsilä enhances the business of its customers by providing them
with complete lifecycle power solutions. When creating better and
environmentally compatible technologies, Wärtsilä focuses on the
marine and energy markets with products and solutions as well as
services. Through innovative products and services, Wärtsilä sets out
to be the most valued business partner of all its customers. This is
achieved by the dedication of over 18,000 professionals manning 160
locations in 70 countries around the world. Wärtsilä is listed on the
Nordic Exchange in Helsinki, Finland. www.wartsila.com
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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