Alfa Laval Group wins SEK 60 million heat exchanger order to the first nuclear power plant in the UAE
Alfa Laval Group – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order from a contractor in South Korea for heat exchangers to be installed in the first nuclear power plant in the United Arab Emirates (UAE). The order is worth approximately SEK 60 million and deliveries are scheduled to start in 2013 and be completed in 2018.
The Alfa Laval heat exchangers have been ordered by Korean Electric Power Corporation (KEPCO), one of world’s leading nuclear suppliers, and will be installed in the Braka nuclear power plant outside Abu Dhabi. The heat exchangers will be used in different cooling applications.
”It is a prestige project and a contributing factor to the success is our strong local presence in South Korea”, says Lars Renström, President and CEO of the Alfa Laval Group. “We also see it as a confirmation of our strong position in the global heat exchanger market.”
Did you know that… the first nuclear power plant in the United Arab Emirates actually will include four reactors? The first of the 1,400 megawatt reactors is to be operational in 2017, with the others following in 2020. KEPCO will design, build and help operate the nuclear power plant.*
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 2010, posted annual sales of about SEK 24.7 billion (approx. 2.6 billion Euros). The company has 12 600 employees.
For more information please contact:
Peter Torstensson
Senior Vice President, Communications
Alfa Laval
Tel: + 46 46 36 72 31
Mobile: +46 709 33 72 31
Gabriella Grotte
Investor Relations Manager
Alfa Laval
Tel: +46 46 36 74 82
Mobile: +46 709 78 74 82
*) Source: Emirates News Agency