Alleima invests in new facility in China to meet increasing demand in the Chemical and Petrochemical segment
Alleima is increasing its capacity for application tubing products, such as heat exchanger tubes, through an investment of approximately SEK 250 million in a new cold-finishing facility in Zhenjiang, China.The greenfield facility will have more than 10,000 square meters floor space and will be built on the existing Alleima site in Zhenjiang in China. Operations will ramp up from 2025, adding cold-finishing capabilities to meet the growing demand for heat exchangers, composite tubes and other application tubing products, mainly to the Chemical and Petrochemical segment in China. The facility