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ALFA AlphaClone Alternative Alpha ETF

62.10
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
AlphaClone Alternative Alpha ETF AMEX:ALFA AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 62.10 0 01:00:00

Alfa Laval Wins SEK 75 Million Natural Gas Order

17/03/2015 7:42am

Business Wire


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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 natural gas plant in Brazil. The order, booked in the Energy & Process segment, has a value of approximately SEK 75 million. Delivery is scheduled for this year.

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.

“Safe, efficient and reliable equipment is vital in handling the demanding applications in the oil and gas industry. This large order proves our strong position in this area,” says Lars Renstrm, President and CEO of the Alfa Laval Group.

Did you know that… according to the U.S Energy Information Administration, Brazil has the second-largest natural gas reserves in South America, corresponding to 13.7 trillion cubic feet of proved reserves at the beginning of 2014?

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 http://news.cision.com

Alfa LavalPeter TorstenssonSenior 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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