Sandvik Materials Technology wins large order for the Leviathan gas field

Sandvik Materials Technology, a world-leading developer and producer of advanced stainless steels and other high-performance materials, has secured the contract to be the sole provider of stainless steel umbilical tubes for the Leviathan gas field in the Mediterranean Sea, offshore Israel. The order was booked in the first quarter and the value is about 400 million SEK with deliveries scheduled for 2017.

“I am pleased that our strong position and customer offering have resulted in us being selected as the supplier for this large and challenging project”, says Petra Einarsson, President of the Sandvik Materials Technology business area.

Stockholm, 11 April 2017

Sandvik AB

For further information contact: Ann-Sofie Nordh, Vice President Investor Relations, Sandvik AB, tel +46 8 456 1494 or Pär Altan, Vice President External Communications, Sandvik AB, tel +46 70 616 2024.

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Sandvik Group
Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining and construction industries; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2016, the Group had approximately 43,000 employees and sales of 82 billion SEK in more than 150 countries within continuing operations.

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