Alfa Laval wins power order in China worth SEK 50 million
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order for Alfa Laval plate heat exchangers, to be used for cooling duties by means of seawater, to the fast growing nuclear power industry in China. The order value is about SEK 50 million and delivery is scheduled for 2010.
“To meet China’s rapidly growing energy demand the government plans to increase its nuclear power generating capacity to at least 50 GWe by 2020, corresponding to some 40 new reactors,” says Lars Renström, President and CEO of the Alfa Laval Group. “During the last years we have received several orders connected to the nuclear power industry in China and I see this order as further evidence of our strong position in this market.”
Did you know that at the end of 2007, China’s installed (electric) power generating capacity rose to a record high of about 713 GWe, which is more than 20 times the capacity in Sweden. Close to 80 percent of the electricity was generated by fossil fuel and only 2 percent by nuclear power.
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, 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 the Nordic Exchange, Nordic Large Cap, and, in 2007, posted annual sales of about SEK 25 billion (approx. 2.7 billion Euros). The company has some 12,000 employees.
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Alfa Laval AB (publ) discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09.15 on October 27, 2008.