Alfa Laval Wins SEK 60 Million Power Order in the US

Regulatory News:

Alfa Laval (STO:ALFA)

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply air coolers to a power plant in the US. The order, booked in the Energy & Process segment, has a value of approximately SEK 60 million and delivery is scheduled for 2016.

The order comprises Alfa Laval air coolers which will cool the gas turbines’ lubricating oil and dissipate excess heat from the turbines in the gas-fired power plant.

"This is yet another large order and this time from the power industry. It confirms our strong position as a supplier of reliable equipment to this sector," says Lars Renström, President and CEO of the Alfa Laval Group.

Did you know that… electricity generated from natural gas-fired power plants is growing rapidly in the US and is now exceeding power generation from coal-fired plants? 1)

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 2014, posted annual sales of about SEK 35.1 billion (approx. 3.85 billion Euros). The company has about 18 000 employees.

www.alfalaval.com

1) Source: EIA, Short-Term Energy Outlook

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