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ALFA AlphaClone Alternative Alpha ETF

62.10
0.00 (0.00%)
Pre Market
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 80 Million Energy-Efficiency Order in the U.S.

27/01/2015 7:38am

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 compact heat exchangers to a refinery in the U.S. The order, booked in the Energy & Process segment, has a value of approximately SEK 80 million. Delivery is scheduled for 2016.

The Alfa Laval compact heat exchangers will be used for heat recovery in the process where heavy crude oil is upgraded to ultra-low sulfur transportation fuels. Reusing heat in the oil refining process will maximize the energy efficiency.

“Oil refining is a very energy-intensive process. By using our efficient compact heat exchangers the producer can save energy and thereby improve their bottom-line,” says Lars Renstrm, President and CEO of the Alfa Laval Group.

Did you know that… according to EIA the U.S. production of crude oil is estimated to increase by 47 percent between 2012 and 2019 - or from 6.5 million barrels of oil per day to 9.6?

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

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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