Displaying items by tag: alfa laval

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply a complete process line to a pulp mill in Russia. The order, booked in the Energy & Process segment, has a value of approximately SEK 50 million and delivery is scheduled for 2015. 

The order comprises decanters, separators, compact heat exchangers and fluid handling equipment for a plant, manufacturing high-quality tall oil in Russia. The plant, which will start up towards the end of 2015, is connected to a pulp mill – tall oil being an important byproduct of pulp manufacturing.

“This is an order for a unique solution, based on centrifugal separation. Compared to traditional methods using settling tanks, Alfa Laval’s unique offering is more efficient and it increases the quality of the oil,” says Lars Renström, President and CEO of the Alfa Laval Group.

Did you know that… tall oil is the major byproduct of pulp manufacturing and that it is used in a variety of products such as liquid soaps and printing inks?

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.

www.alfalaval.com

For more information please contact:
Peter Torstensson
Senior Vice President, Communications
Alfa Laval
Tel: + 46 46 36 72 31
Mobile: +46 709 33 72 31

Gabriella Grotte
Investor Relations Manager
Alfa Laval
Tel: +46 46 36 74 82
Mobile: +46 709 78 74 82

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply plate heat exchangers for cooling applications in Canada. The order, booked in the Energy and Environment segment late March, has a value of approximately SEK 60 million and delivery is scheduled to start in 2013 and  be finalized in 2014.

The Alfa Laval heat exchangers will be used to recover energy and cool process water in an oil processing facility in Canada. The project, which is a capacity expansion, duplicates an existing facility, for which Alfa Laval also supplied all the plate heat exchangers. 

“This order confirms our strong position in the oil and gas industry. It also proves the quality and reliability of our plate heat exchangers, as the customer once again chooses our equipment”, says Lars Renström, President and CEO of the Alfa Laval Group.  

Did you know that… Alfa Laval has been present in Canada since 1899? 

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply compact heat exchangers to a gas plant being built in Russia. The order, booked in the Energy & Environment segment, has a value of approximately SEK 60 million and delivery is scheduled to start in 2013 and be finalized in 2014. 

The Alfa Laval compact heat exchangers will be installed in a new gas plant in the Urengoy gas field in Russia. They will be used for heat recovery in the gas compression process, resulting in an energy-efficient process solution.

“We continue to see good demand from the gas industry. This is yet another large gas order, within a short period of time, proving our ability to provide reliable and efficient equipment to an industry with very high demands”, says Lars Renström, President and CEO of the Alfa Laval Group.

Did you know that… Russia’s five biggest gas companies stand for 90 percent of the country’s total gas production – and that all five are customers to Alfa Laval?

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has acquired the US-based company Air Cooled Exchangers, LLC (ACE), a leading manufacturer of custom-engineered air-cooled heat exchangers, used to cool air, natural gas, oil and water in the natural gas market as well as other energy-related end markets.

Lars Renström, President and CEO of the Alfa Laval Group, comments: “The acquisition of ACE brings a new product range into our heat transfer offering, at a time when demand for air-cooled heat exchangers is accelerating – especially in the natural gas industry. Together, Alfa Laval’s overall position is further strengthened, and we’re even better positioned to serve the energy-related industries.”

ACE is expected to generate sales of approximately SEK 350 million in 2012, with profitability well above the average for the Alfa Laval Group. The intention is to integrate Air Cooled Exchangers, LLC into Alfa Laval’s Energy & Environment segment, within the Process Technology division. The company was acquired on December 31st 2012.

Did you know that… Air Cooled Exchangers (ACE) was founded in 1964 and that the company currently has 230 employees at its location in Broken Arrow, Oklahoma, US?

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order from Abengoa to supply Alfa Laval Packinox heat exchangers to a concentrated solar power plant in South Africa. Delivery is scheduled to be finalized in 2014. Due to a confidentiality agreement Alfa Laval is unable to disclose the exact value of the order.

The Alfa Laval Packinox heat exchangers, specifically developed for this application, will be the heart of the thermal storage system where heat from solar power is stored in molten salt, thereby enabling electricity production even on rainy days or at night. The solution will allow the plant to operate for additional hours on stored energy, in this case an additional 3 hours (from 12 to 15 hours) which is a 25 percent efficiency increase compared to normal daytime solar power production.

“Last year we announced an order to the world’s largest solar power plant in the US for the same unique solution”, says Lars Renström, President and CEO of the Alfa Laval Group. “This order confirms the unmatched energy efficiency of our Alfa Laval Packinox heat exchangers for this innovative application.”

Did you know that … all of Europe’s energy needs could be met by capturing less than 1% of the light falling on the Sahara and Middle Eastern deserts alone?
(Source, the Guardian)

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has acquired Gamajet Cleaning Systems, Inc., a leading provider of tank cleaning machines as well as self-contained and portable cleaning systems for the industrial and sanitary markets in North America. Gamajet, which had sales of approximately SEK 75 million in 2011 and some 30 employees is headquartered in Exton, Pennsylvania.

Lars Renström, President and CEO of the Alfa Laval Group, comments on the acquisition: “We have built the leading position within tank cleaning equipment over the past 10 years. Gamajet fits very well with our ambitions and it expands our product portfolio. It will especially extend our offer to the industrial market and also strengthen our position in North America.”

Gamajet Cleaning Systems will be integrated into Alfa Laval. The company will be consolidated from August 23, 2012.

Did you know that… Alfa Laval took the first step to build its tank cleaning business in 2003 by acquiring the Danish company Toftejorg? Today the tank cleaning business represents about SEK 300 million, including Gamajet Cleaning Systems.

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has acquired Ashbrook Simon-Hartley, a leading provider of belt filter presses, which is a complement and alternative to Alfa Laval’s decanter range in the dewatering of municipal and industrial wastewater. Ashbrook Simon-Hartley is headquartered in Houston, Texas, USA, with offices in the UK, Chile and Brazil, and has an installed base in many countries around the world.

Lars Renström, President and CEO of the Alfa Laval Group, comments on the acquisition: “I’m very pleased that we have been able to acquire Ashbrook Simon-Hartley. With this acquisition we are adding a complementary and expanded range of products and solutions further strengthening our offer for municipal and industrial wastewater treatment applications.”

The intention is to integrate Ashbrook Simon-Hartley into Alfa Laval. The company will be consolidated into Alfa Laval from August 1, 2012.

Did you know that… Ashbrook Simon-Hartley was founded more than 100 years ago, had sales of approximately SEK 500 million in 2011 and has about 250 employees?

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply a unique evaporation system to an AkzoNobel chemical plant in Germany. The order is worth approximately SEK 60 million and delivery is scheduled for 2013.

The Alfa Laval evaporation system which will concentrate caustic soda based on evaporation and condensation heat exchangers, will be installed in a plant in Germany. By combining the advantages of different types of heat exchangers it is, for the first time, feasible to concentrate caustic soda in a 4-effect evaporation system. The unique Alfa Laval design will enable energy savings of 25 percent compared to the best traditional designs

“One of our strengths is our wide range of heat exchangers and application knowledge covering different needs from various industries”, says Lars Renström, President and CEO of the Alfa Laval Group. “This time we have used our expertise to create a unique system that enables large energy savings. This order is a good example of our ability to optimize our customers’ processes.”

Did you know that… caustic soda needs to be concentrated from 32 to 50 percent – and then it is used as a chemical base in the manufacture of pulp and paper, textiles, drinking water, soaps and detergents?

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order to supply of Alfa Laval Packinox heat exchangers from a refinery in South Korea. The order value is about SEK 120 million and delivery is scheduled for 2013.

The Alfa Laval Packinox heat exchangers will be used in 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 local presence in South Korea and long working relation with Korean EPC contractors”, says Lars Renström, President and CEO of the Alfa Laval Group.

Did you know… that South Korea is now the fourth largest market for Alfa Laval, behind the US, China and Nordic?

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.

The Annual General Meeting of Alfa Laval AB was held at Färs & Frosta Sparbank Arena in Lund, Sweden, on Monday, April 23rd. Some 350 shareholders attended the meeting under the chairmanship of Anders Narvinger.

This is an unofficial translation of the Swedish notice. In case of any discrepancies between the Swedish notice and this English translation, the Swedish notice shall prevail.        

At the meeting, Lars Renström, President and CEO, concluded on the development in 2011, a year which started off with a strong growth in demand, resulting in a record high order intake in the third quarter. The increasing macroeconomic uncertainty that characterized both Europe and the US during the summer, however, began to have an impact in the autumn, causing certain customers to adopt a cautious attitude toward new investments. This development had a wider impact in the fourth quarter. Despite an initial decline, 2011 turned out a very good year, with order intake totaling SEK 28.7 billion, up 20 percent compared with 2010. Revenues amounted to SEK 28.6 billion, up 16 percent. The operating income increased significantly in absolute terms and the operating margin was 18.5 percent.

Lars Renström’s entire speech can be found on:”www.alfalaval.com/investors”.

The income statements and balance sheets of both the parent company and the Group were adopted, together with the Board’s proposal for distribution of surplus. The proposed dividend of SEK 3:25 per share was approved. Furthermore, the board’s proposal for authorization to, at one or more occasions prior to the next Annual General Meeting, buy back up to five percent of the outstanding shares in the Company, was adopted.

As Board members Gunilla Berg, Björn Hägglund, Ulla Litzén, Anders Narvinger, Arne Frank, Finn Rausing, Jörn Rausing and Lars Renström were re-elected. Anders Narvinger was appointed Chairman of the Board. Furthermore the nominating committee’s proposal regarding auditors was adopted. Authorized public accountant Staffan Landén was re-elected and Håkan Olsson Reising was newly elected as ordinary auditors the coming year. Authorized public accountants Johan Thuresson and Karoline Tedevall were newly elected as deputy auditors.

The AGM decided the remuneration to the Board of Directors for 2012 in line with the proposal from the Nomination Committee. Remuneration should be SEK 3,850,000, an increase from SEK 3,650,000 in 2011. Additional remuneration will be paid for work performed in the committees of the board.

Furthermore it adopted a resolution on the guidelines for compensation to senior management, including fixed compensation and long and short term variable compensation.

The Annual General Meeting approved discharge from liability for members of the Board of Directors and the Managing Director.

Complete proposals can be found on www.alfalaval.com.