Voith supports the MDIC's proposal on local content requirements for equipment purchases by electric utility companies
To illustrate its strategies for investing locally, a recent example is Voith’s investment to open a new production line in its unit in São Paulo, which will now be capable of manufacturing Vorecon variable-speed planetary gears – equipment used to control the speed of electric compressors employed in offshore oil extraction processes.
Voith is delivering for instance Vorecon variable-speed planetary gears to the Brazilian oil and gas industry. Last year, the company secured a contract with Petrobras to supply 60 Vorecons for offshore production in the oil fields of the huge pre-salt cluster in the Atlantic, approximately 300 km outside Rio de Janeiro. With the new production line, Voith will be not only be able to comply with local content laws, but will also strengthen its position in the growing oil and gas markets in Brazil.
Voith Brazil is also a worldwide reference regarding Research and Development within the Voith Group. Our Tissue Innovation Center in São Paulo is responsible for developing the latest technologies for sanitary paper manufacturing and pulp drying, which have been exported to the paper industry worldwide.
Voith sets standards in the markets energy, oil & gas, paper, raw materials and transport & automotive. Founded in 1867, Voith employs almost more than 40,000 people, generates €5.6 billion in sales, operates in over 50 countries around the world and is today one of the biggest family-owned companies in Europe.