Nederman signs order worth SEK 85 million with the Zhongwang Aluminium Group, China

STOCKHOLM--()--Regulatory News:

Nederman (STO:NMAN) has signed contracts with Zhongwang Aluminium Group to supply complete solutions for filtrating fumes from the aluminium smelting processes. The new contracts are worth around SEK 85 million.

The Zhongwang Aluminium Group is one of the largest enterprises for supplying aluminium profiles in the world. The order includes the design, manufacturing and complete turnkey supply of Nederman filters and coolers, engineered and produced by the Nederman factory in Suzhou, China and with project management by the Nederman Chinese Organisation. “We got our first contract from Zhongwang Aluminium Group in August last year and this second agreement shows the confidence we have gained and our ability to deliver in accordance to Zhongwang Aluminium Group’s high demands,” says Sven Kristensson, CEO of Nederman.

Installations are planned to take place from 2014 to 2016.

Facts about Nederman

Nederman is one of the world's leading companies supplying products and solutions in the environmental technology sector focusing on industrial air filtration. The company's products and systems contribute to reducing the environmental effects from industrial production, to creating safe and clean working environments and to boosting production efficiency. Nederman's offering encompasses everything from the design stage through to installation, commissioning and servicing. Sales are carried out via subsidiaries in 31 countries and distributors in over 30 countries. Nederman develops and produces in its own manufacturing and assembly units in Europe, North America and Asia. The Group is listed on Nasdaq OMX, Stockholm and has around 1,950 employees.

Nederman Holding AB (publ), P.O. Box 602, SE-251 06 Helsingborg, Sweden. Corporate registration number: 556576-4205

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Contacts

Sven Kristensson
President and CEO of Nederman
Telephone 00 46 42-18 87 00
e-mail: sven.kristensson@nederman.com
or
Torbjörn Bäck
Senior Vice President and Head of Division APAC
Telephone 00 46 42-18 87 00
e-mail: torbjorn.back@nederman.com

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Contacts

Sven Kristensson
President and CEO of Nederman
Telephone 00 46 42-18 87 00
e-mail: sven.kristensson@nederman.com
or
Torbjörn Bäck
Senior Vice President and Head of Division APAC
Telephone 00 46 42-18 87 00
e-mail: torbjorn.back@nederman.com