Siemens acquires China's Eastime Automation Engineering

News & events

Third Quarter 2006 News & events

In a deal that consolidates Siemens' position in China and strengthens its global position in process automation, it has signed an agreement with Eastime Automation Engineering of Shanghai, China, whereby Siemens is to acquire the business activities of the company.

Eastime is a leading company in China for engineering and project management in process analytics. It is active in the chemicals, petrochemicals, and iron and steel sectors. The takeover is planned for August 2006 when the company is to change its name to Siemens Process Analytics, Shanghai (SPAS), and become integrated into the Automation and Drives Group of the regional company Siemens in China.

As a global leader in the manufacture of process analytics devices, Siemens already occupies a favourable market position in China and has implemented a host of larger scale projects there in recent years. With the acquisition of Eastime, Siemens will consolidate its position in China with a company that possesses especially good local know-how and sound technical knowledge in the system integration of process analytics devices into overall solutions and plants. The activities of SPAS are expected to be concentrated initially on the Asia/Pacific region, especially China, where many new plants are currently appearing on greenfield sites. The company will then expand to cover Europe and the US.

For more information contact Siemens Southern Africa, +27 (0) 11 652 2000.

Share this article:

Timken funds Kids Haven STEM classroom
News & events
A bright new chapter in digital education has begun at Kids Haven with the official opening of a fully equipped STEM classroom at the Kids Haven Village. This exciting addition was generously donated by Timken South Africa and expertly installed by Breadline Africa.

Read more...

Bearings International enters South Africa’s pump market
Bearings International News & events
Bearings International has entered into the local pumps market through an exclusive distribution agreement with leading Italian pump manufacturer, SAER.

Read more...

SKF launches the Patent Bay
SKF South Africa News & events
SKF is launching The Patent Bay, a new platform open to companies that aim to accelerate technologies with the potential to advance sustainability, by making selected patents freely available to others.

Read more...

SKF and Sieb & Meyer announce strategic partnership for magnetic bearings
SKF South Africa News & events
SKF has announced a strategic partnership with Sieb & Meyer, a renowned expert in variable frequency drives and control electronics.

Read more...

Young SA scientists awarded medals at IRIS Global Symposium in India
News & events
Young local scientists have been awarded gold and silver medals at the recent Initiative for Research and Innovation in STEM global symposium in India, where they displayed their scientific brilliance.

Read more...

UKZN’s SMART lab wins aviation award
News & events
The SMART Lab at UKZN was awarded first place in the Aviation Research and Development category at the Civil Aviation Authority of South Africa’s award ceremony for outstanding contributions and achievements in the aviation sector.

Read more...

Hamar Controls earns dual Siemens Partner Awards
News & events
Hamar Controls, a provider of advanced electrical, control and instrumentation solutions to Africa’s mining and industrial sectors for over 40 years, has been honoured with two Smart Infrastructure Partner of the Year Awards by Siemens.

Read more...

Schneider Electric to become Official Energy Technology Partner of McLaren Racing
Schneider Electric South Africa News & events
Schneider Electric will become the Official Energy Technology Partner of McLaren Racing.

Read more...

Categories

News & events

Siemens acquires China's Eastime Automation Engineering

Further reading:

Publications by Technews