Sundyne Industrial Tianjin Company Ltd. has been recently registered in TEDA, with its total investment of 33.5 million yuan and registered capital of 21.5 million yuan. Solely invested by Hong Kong United Technologies Far East Co., Ltd., it¡¯s the second company set up by United Technologies Corporation (UTC), a US-based Fortune Global 500 company, in TEDA.

Located on the 12th Avenue of TEDA, the new company is the first production base set up by Sundyne, an American subsidiary of UTC, in Asia. It will specialize in the assembly of high-performance pumps and compressors and the purchase of parts and components for the related companies. After its establishment, it will provide high-quality pumps, magnetic pumps, compressors and other industrial products for China and the Asia-Pacific region. Its products will be mainly used in such industrial sectors as oil refining, petrochemicals and chemicals. (Tr. by Chen Yu)