Alfa Laval Wins SEK 70 Million Natural Gas Order in the U.S.
March 30 2015 - 2:37AM
Business Wire
Regulatory News:
Alfa Laval (STO:ALFA) – a world leader in heat transfer,
centrifugal separation and fluid handling – has won an order to
supply air cooler systems to a natural gas plant in the US. The
order, booked in the Energy & Process segment, has a value of
approximately SEK 70 million. Delivery is scheduled for 2015 and
2016.
The air cooler systems will be used to cool the main process
streams at the natural gas plant. In the cooling process natural
gas liquids (NGL) are separated from the gas and then fractionated
(distilled) into ethane, propane and butane. These fluids can then
be used, for example, as feed stock for petrochemical plants, for
household heating or as fuel for vehicles.
“This is the second large natural gas order in short time and it
proves our strong position as reliable supplier to the demanding
oil and gas industry,” says Lars Renstr�m, President and CEO of the
Alfa Laval Group.
Did you know that… NGLs are considered “by-products” in the oil
and gas industry and that gas plants extract NGLs for profit and/or
to ensure production of pipeline quality natural gas?
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 2014, posted annual
sales of about SEK 35.1 billion (approx. 3.85 billion Euros). The
company has about 18 000 employees.
www.alfalaval.com
This information was brought to you by Cision
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Alfa LavalPeter Torstensson,Senior Vice President,
CommunicationsTel: + 46 46 36 72 31Mobile: +46 709 33 72
31orGabriella GrotteInvestor Relations ManagerTel: +46 46 36 74
82Mobile: +46 709 78 74 82
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