Alfa Laval Wins SEK 80 Million Energy-Efficiency Order in Canada

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 compact heat exchangers to an oil production facility in Canada. The order, booked in the Energy & Process segment, has a value of approximately SEK 80 million and delivery is scheduled for 2015.

The Alfa Laval compact heat exchangers will be used for heat recovery, providing reused heat in the oil production process, thereby maximizing energy efficiency.

"This is the second large oil and gas-related order within a short period of time in North America, confirming our position as a strong supplier of equipment for the demanding applications seen in this industry,” says Lars Renström, President and CEO of the Alfa Laval Group.

Did you know that… Canadian oil production is projected to grow steadily by an annual average of four percent until 2030, according to the Canadian Association of Petroleum Producers (CAPP)?

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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