siemens industrial turbomachinery (huludao) co., ltd (sithco) is a joint venture between siemens power generation group (70%) and jinxi chemical machinery group co., ltd (30%). it is located in huludao in liaoning province, 400km north-east of beijing at the bohai sea. the operation readiness of the company occurred on oct. 1st, 2005. sithco is engaged mainly in the manufacturing and sales of new units and services in the area of turbomachinery and compressors. the service includes spare parts, erection, and commissioning and maintenance for both oem and non-oem turbines and compressors. through this new joint venture, siemens is able to better meet the market demands for the most advanced industrial power generating units and turbomachinery, with the maximum extend of local equipment and suppliers.

sithco combines core competencies from two strong partners. the joint venture with jinxi chemical machinery group (jcmg), one of the leading manufacturer and service suppliers of turbomachinery in china, and siemens industrial power generation. the new joint venture will not only take over all the business of a subsidiary of jcmg, namely, jinxi turbomachinary (jtm), but will also enhance the design, manufacturing quality and the service of industrial sized rotating equipment.