Petronas and BRP sign an agreement to develop a high-performance engine family
Engines to be developed and manufactured at BRP-Rotax in Austria
Valcourt, Quebec, Canada/Kuala Lumpur, Malaysia, November 30, 2005 - Petroliam Nasional Bhd (PETRONAS) and Bombardier Recreational Products Inc. (BRP) have signed a joint development agreement (JDA) to design, develop and commercialise a family of high-performance engines.
Under the terms of the agreement, BRP-Rotax will carry out the work in its Gunskirchen, Austria facility starting November 2005.
In business for more than 85 years, BRP-Rotax is recognized worldwide as a leader in the development and manufacturing of engines for the motorized recreational vehicles industry. BRP-Rotax's core competencies include developing and launching market-shaping engines as well as integrating state-of-the-art engine technologies and engine applications destined to a wide range of recreational markets. With this agreement, BRP is looking forward to developing a long-term partnership with PETRONAS.
PETRONAS' venture into the world of motorsports has led it to gaining many spin-off benefits in terms of technology advancement and know-how, and resulting in technical deliverables such as the E01 engine, the GP1 motorcycle engine, the FP1, Malaysia's first superbike and finally, the K200 engine for go-kart applications. PETRONAS continues to seek cooperation with a strong partner who has vast experiences in engine technology and in engine commercialization.
PETRONAS is one of the world's largest integrated oil and gas companies incorporated in Malaysia with net income for the year 2004-05 of US $9.4 billion. PETRONAS is also a leading liquefied natural gas (LNG) company operating the world's largest LNG production complex at Bintulu in Malaysia.
BRP-Rotax is a subsidiary of BRP, a privately-held company, who is a world leader in the design, development, manufacturing, distribution and marketing of motorized recreational vehicles. Its portfolio of brands and products includes: Ski Doo® and LynxTM snowmobiles, Sea Doo® watercraft and sport boats, Johnson® and Evinrude® outboard engines, direct injection technologies such as Evinrude E-TECTM, Bombardier* ATV all-terrain vehicles, Rotax® engines and karts.
®, TM Trademarks of Bombardier Recreational Products Inc. or its subsidiaries.
* Trademark of Bombardier Inc. used under license.
Pierre Pichette Dr. Hamzah bin Abdul Hamid
Vice president General Manager
Communications and Public affairs Special Projects Unit
Tel: 450-532-5188 Tel: 603-2331-2722
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