Established in 2012, SIAD Engineering (Hangzhou) Co., Ltd. is SIAD Macchine Impianti's first and sole subsidiary in China for supplying Chinese customers cryogenic Air Separation Units under the trademark "SIAD" for the China market and in support of SIAD Macchine Impianti's global business. Over time, SIAD Engineering (Hangzhou) intends to engineer and manufacture a full line of air separation and related systems for the China market, enabling SIAD Macchine Impianti to provide its advanced technology and quality to the China market at Chinese costs and pricing. SIAD Engineering (Hangzhou) was established as a wholly foreign owned enterprise in Hangzhou, to design, engineer and market cryogenic ASUs in China. The manufacturing of these ASUs is carried out at the manufacturing branch of SIAD Engineering (Hangzhou) located in Deqing County, Zhejiang Province.