Doosan to manufacture MET turbochargers

By establishing a collaborative relationship with Doosan Engine, MHI aims to expand the penetration of the MET Turbocharger in Korea and Doosan is expected to complete production of the first unit of the MET-Turbocharger in 2011.

Under the agreement, which grants non-exclusive licensing rights within Korean territory, Doosan will manufacture and market the turbocharger to local companies. It will also supply units intra-company for use as a standard specification in its line-up of engines. Doosan Engine is a core company of the Doosan Group, one of Korea’s largest heavy machinery manufacturers. Currently Doosan Engine ranks second globally in diesel engine production volume in terms of horsepower. The company employs a staff of about 1,300.

The agreement with Doosan Engine represents the second licensing of MET Turbocharger technology to Korea; previously, MHI licensed the technology to Hyundai Heavy Industries, the world’s largest diesel engine manufacturer. Through the latest collaboration, MHI looks for further expansion of the MET Turbocharger’s global market share which currently stands at 1,700 units per year, making it the second largest in the market.