Alfa Laval Boosts Global Energy Transition with SEK 3.8 Billion Capacity Expansion

Alfa Laval, the world leader in heat transfer, centrifugal separation, and fluid handling, announces a SEK 3.8 billion investment in expanding production capacity for heat exchangers. The company’s investment will go towards increasing production, distribution, and service capacity at four existing sites in Sweden, Italy, China, and the US.

Strong Demand: Drives Investment

According to Alfa Laval President and CEO Tom Erixon, the global economy’s volatility hasn’t dampened the strong demand for Alfa Laval’s products in energy-related applications, such as hydrogen, heat pumps, and data centers. The investment is a result of the company’s decision to address the demand imbalances from last year and seize additional growth opportunities.

Expertise, Products, and Service in 100 Countries

Alfa Laval’s innovative technologies purify, refine, and reuse materials, contributing to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. The company’s expertise, products, and service support a wide range of industries in 100 countries, helping customers optimize processes, create responsible growth, and drive progress.

Committed to Making the World Better

With 17,900 employees and 2021 sales of SEK 40.9 billion, Alfa Laval is committed to not only accelerating success for its customers but also for people and the planet. The company is dedicated to promoting more responsible use of natural resources, making the world a better place every day.

Listed on Nasdaq Stockholm

Alfa Laval is listed on Nasdaq Stockholm and continues to grow and drive progress, supporting customers in achieving their business goals and sustainability targets. The company’s recent investment in expanding production capacity for heat exchangers is just one example of Alfa Laval’s commitment to the global energy transition.

Damon an avid economist Charles is an expert on global politics and economic pressures that can affect market conditions. He has a Masters Degree in Economics from Westminster University with previous roles including Investment Banking. Mark has over 10 years experience in the financial services industry giving him a vast understanding of how news affects the financial markets. He is an active day trader spending the majority of his time analyzing earnings reports and watching commodities and derivatives. Damon reports timely updates about Technology sector.

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