WINTERTHUR, Switzerland (April 23, 2013) – Sulzer Pumps and Sinopec Corporation have established a long-term strategic partnership to develop their commercial activities within the hydrocarbon processing industry. Through this collaboration, both companies will benefit from joint technology development, research and development (R&D), as well as commercial and logistics cooperation.

Sinopec Corporation is one of the largest integrated energy and chemical companies in China with upstream, midstream and downstream oil and gas operations. Through this partnership, Sulzer Pumps will support Sinopec's international operations and export business through constant and cost-effective supply and technical excellence. For service support and spare parts, Sinopec will be supported by Sulzer Pumps' global service network.

A team of experts from both companies will be established in the areas of technology, design and manufacturing to further develop the offerings for the global market. Together, this strategic partnership provides both companies with the leading edge to serve the hydrocarbon processing markets.

Sulzer Pumps designs, develops and supplies pumping solutions and related equipment worldwide. Intensive research and development in fluid dynamics, process-oriented products, and special materials as well as reliable service solutions help the company maintain its leading position in its focus market segments. Our customers come from the oil and gas, hydrocarbon processing, power generation, pulp and paper, water and wastewater sectors, as well as from specialized areas in the general industry. The company has a network of 21 manufacturing facilities worldwide and sales offices and service centers in 150 locations globally. Sulzer Pumps had sales of CHF 2’097.5 million in 2012.