Alfa Laval Wins SEK 240 Million Offshore Pumping Systems Order in South Korea

Regulatory News:

Alfa Laval (STO:ALFA) – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Framo pumping systems to Samsung Heavy Industries in South Korea. The order, booked in the Marine & Offshore Pumping Systems segment, has a value of approximately SEK 240 million and delivery is scheduled for 2015.

The order is comprised of offshore pumping systems for an FPSO (Floating Production Storage and Offloading vessel). The vessel is commissioned by Total S.A. and will be built by Samsung. Once completed, the vessel will be anchored outside the Nigerian coast.

"I am pleased to announce the first large order for offshore pumping systems since the Framo brand was included in our offering through the acquisition of Frank Mohn AS,” says Lars Renström, President and CEO of the Alfa Laval Group. "These products fit very well into our portfolio of reliable and efficient products for the marine and offshore oil and gas market.”

Did you know that… the FPSO shall be moored in the Egina field, a collection of reservoirs at a water depth of approximately 1500 meters, offshore Nigeria for a continuous service period of up to 25 years?

About Alfa Laval

Alfa Laval is a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling.

The company’s equipment, systems and services are dedicated to assisting customers in optimizing the performance of their processes. The solutions help them to heat, cool, separate and transport products in industries that produce food and beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugar and ethanol.

Alfa Laval’s products are also used in power plants, aboard ships, oil and gas exploration, in the mechanical engineering industry, in the mining industry and for wastewater treatment, as well as for comfort climate and refrigeration applications.

Alfa Laval’s worldwide organization works closely with customers in nearly 100 countries to help them stay ahead in the global arena.

Alfa Laval is listed on Nasdaq OMX, and, in 2013, posted annual sales of about SEK 29.8 billion (approx. 3.5 billion Euros). The company has today, after the acquisition of Frank Mohn AS about 17 500 employees.

www.alfalaval.com

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