LUND, Sweden--(BUSINESS WIRE)--Regulatory News:
Alfa Laval (STO:ALFA)
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply air cooler systems to a U.S. export terminal for natural gas liquids. The order, booked in the Energy & Process segment, has a value of approximately SEK 95 million and delivery is scheduled for 2015.
The Alfa Laval air cooler systems will be used to cool the main process streams at the export terminal where refrigerated natural gas liquids (ethane, propane and butane) are loaded onto tanker vessels.
“This large order relates to products from Niagara Blower Company, an acquisition we made last year. The order confirms our position as a strong and reliable supplier to the oil and gas industry,” says Lars Renström, President and CEO of the Alfa Laval Group.
Did you know that… many shale gas formations also contain so called natural gas liquids (NGL), such as ethane, propane and butane, which can be separated from the natural gas and used, for example as feed stock for petrochemical plants, for house hold heating or as fuel for vehicles?
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, oil and gas exploration, 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 2013, posted annual sales of about SEK 29.8 billion (approx. 3.5 billion Euros). The company has today, after the acquisition of Frank Mohn AS about 17 500 employees.
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