Kobe Steel turns non-standard compressor affiliate into subsidiary

摘要

Japanese steel manufacturer Kobe Steel has turned its Chinese affiliate Wuxi Compressor into a subsidiary after acquiring additional shares in the company. Based in Wuxi, Jiangsu Province, Wuxi Compressor manufactures designs and sells non-standard (process gas) compressors, a core component used in petroleum refining, chemical and natural gas plants.