Beijing Far East Instrument entered into the market of Rosemount Smart Wireless Solution Feb 29, 2008
Beijing Far East Instrument Company Limited, a leading industrial measurement instrumentation manufacturer in China, is pleased to have entered into an important agreement with a Chinese coal-chemical processing company for the supply of "Rosemount" Wireless Transmitter and Smart Wireless Solution which is a self-organizing network system for measurement information and to continue expanding the brand of "Rosemount" in the wireless measurement instrumentation market in China.
Up to 2007, "Rosemount" measurement products have shared about 80% in the market of newly produced electricity facilities. In light of the increasing demand within the chemical processing industry, pursuing diversified revenues is particularly important. The sales of "Rosemount" wireless products is just the latest example of Beijing Far East Instrument's continuing commitment to pursuing market prospects in China.
New Capital owns 35% shares in Beijing Far East Instrument and its turnover in 2007 has achieved more than 25% growth compared with 2006.