Energy efficiency and green emissions in focus on Gränges industry seminar in China

On Wednesday, the 8th Gränges Technical Seminar takes place in Chengdu, China, and approximately 300 of the company’s largest customers and partners in the region are attending. Gränges Technical Seminar is arranged every second year and this year’s conference is the 8th since the operations started in China in 1996.  

Asia is Gränges’ largest market and around half of the sales volumes are coming from the region. The company’s production facility outside Shanghai, China, is serving the Asian market.

“Asia with China in the lead will continue to be one of our most important growth markets for a foreseeable future, if not the most important. Energy efficiency and green emissions are central areas when looking forward. As a market leader, we have an important role when it comes to developing heat exchangers that are more efficient regarding energy and green emissions”, said Johan Menckel, CEO of Gränges, in his opening speech in Chengdu this morning.

The use of aluminum heat exchangers is increasing thanks to high cost-effectiveness, good recyclability, light weight and outstanding energy efficiency relatively other techniques and materials. Centering on the theme of “Energy Efficient, Green Emission”, the seminar is going to touch on hot topics such as meeting green emission challenges, development trends, innovative technologies of brazing material, development of brazing technologies, the production process of aluminum heat exchangers etc.

The seminar is held every second year in China. This year’s conference takes place in Chengdu, China, 15-16 October 2014.

For further information, please contact:

Johan Menckel, CEO of Gränges
johan.menckel@granges.com, tel: +46 733 99 34 19

Pernilla Grennfelt, Director Communications and IR of Gränges
pernilla.grennfelt@granges.com, tel: +46 702 90 99 55

About Gränges

Gränges is a leading global supplier of rolled products for producers of brazed aluminum heat exchangers. The Company develops, produces and markets highly advanced materials that enhance both the production economy of the customer manufacturing process as well as the performance of the final product, the brazed heat exchanger. Gränges has its headquarters in Stockholm, Sweden and operates in three geographical regions: Europe, Asia and the Americas. The Company operates production, research and development facilities in Finspång and Shanghai with total annual capacity of approximately 210,000 metric tonnes. The Company was originally founded in 1896, and the current operation was started in 1972 when the Company started to develop brazed heat exchanger material. Gränges has approximately 1,000 employees, and in 2013 the Company had net sales of SEK 4,642 million. For more information about Gränges, please visit www.granges.com.

Gränges discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instrument Trading Act. The information was submitted for publication at 08.00 CET on Wednesday, 15 October 2014.

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About Us

Gränges is a global leader in aluminium engineering, manufacturing and innovation. We focus on rolled aluminium products for heat exchangers and selected niche applications. In materials for brazed heat exchangers, Gränges is the global leader with a market share of approximately 20%. Its production facilities are located in Sweden, China and the United States, and have a combined annual capacity of 420,000 metric tonnes. Gränges has some 1,600 employees and net sales of more than SEK 10 billion. The share is listed on Nasdaq Stockholm. More information on Gränges is available at granges.com.

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Quotes

Asia with China in the lead will continue to be one of our most important growth markets for a foreseeable future, if not the most important. Energy efficiency and green emissions are central areas when looking forward. As a market leader, we have an important role when it comes to developing heat exchangers that are more efficient regarding energy and green emissions.
Johan Menckel, CEO of Gränges