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Atlas Copco Signs Strategic Cooperation Agreement

May 21, 2026

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Atlas Copco, a global leader in industrial productivity solutions, has entered into a 

strategic cooperation agreement with Shandong Ocean Group during the 2026 Hong 

Kong- Shandong Week State-Owned Enterprises Matchmaking Forum, focusing on green

low carbon technology innovation and industrial integration to drive sustainable

development across key sectors.

Held from May 18 to 22, Hong Kong-Shandong Week serves as a pivotal platform for 

deepening mutually beneficial cooperation between Shandong, Hong Kong and Macau. 

At the May 20 forum, Jacque Roas, Global Marketing Manager of Atlas Copco's Gas and

Process Division, highlighted the company's core offering—oil-free screw compressors

which deliver exceptional advantages in low carbon emissions and long-term stable

operation, aligning perfectly with global decarbonization goals.

The agreement solidifies a collaborative framework centered on in-depth exchanges of 

technical expertise, market insights and application scenarios. Both parties will join forces 

to advance industrial cooperation and business integration, with a shared commitment to 

accelerating the transition to a low-carbon future. Leveraging Atlas Copco's cutting-edge 

compressor technology and Shandong Ocean Group's robust industrial resources and 

market presence, the partnership targets high-impact sectors including marine 

engineering, 

new energy, advanced manufacturing and environmental protection.

With a 140-year legacy of innovation, Atlas Copco operates in over 180 countries, 

providing sustainable productivity solutions across air compression, vacuum technology,

industrial tools and power systems. Its oil-free screw compressors are widely recognized 

for energy efficiency, reliability and minimal environmental impact, making them a

preferred choice for industries prioritizing green transformation.

Shandong Ocean Group, a key state-owned enterprise in Shandong Province, boasts 

extensive influence in marine economy, port logistics, energy and related industries. 

The collaboration with Atlas Copco marks a significant step in the group's pursuit of high-

quality, sustainable development, integrating global advanced technology to enhance 

industrial competitiveness.

"This partnership underscores Atlas Copco's long-term commitment to China's 

sustainable development agenda," said a senior executive of Atlas Copco Greater China. 

"We are confident that by combining our technological strengths with Shandong Ocean

Group's market leadership, we can deliver impactful green solutions that drive both

business growth and environmental progress."

As global industries intensify efforts to combat climate change, the Atlas Copco-Shandong 

Ocean Group alliance sets a benchmark for cross-border, cross-industry cooperation. 

The collaboration is expected to yield innovative, low-carbon industrial solutions that 

support China's "Dual Carbon" goals while creating long-term value for both 

organizations and their stakeholders.

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