Alfa Laval wins SEK 120 million energy efficiency order in Saudi Arabia
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order to supply Alfa Laval Packinox heat exchangers to one of the world’s largest petrochemical complexes in Saudi Arabia. The order value is approximately SEK 120 million and delivery is scheduled to start in 2013 and be finalized in 2014.
The Alfa Laval Packinox heat exchangers will be used in the catalytic processing sections in the production of mixed Xylenes used for synthetic nylons and PET bottles, among other things.
“The order confirms Alfa Laval's strong position as a provider of energy efficient solutions to the refinery and petrochemical industry”, says Lars Renström, President and CEO of the Alfa Laval Group. “Our Packinox heat exchangers have a proven track record of being the ultimate choice in these demanding applications.”
Did you know… that the annual world production of primary petrochemicals (e.g. olefins and aromatics) is estimated at 250 million tons? North America and Western Europe are considered the largest petrochemical manufacturers but the major growth in new production capacity can be found in the Middle East and Asia.
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 Nasdaq OMX, and, in 2011, posted annual sales of about SEK 28.6 billion (approx. 3.2 billion Euros). The company has today about 16 000 employees.
For more information please contact:
Senior Vice President, Communications
Tel: + 46 46 36 72 31
Mobile: +46 709 33 72 31
Investor Relations Manager
Tel: +46 46 36 74 82
Mobile: +46 709 78 74 82