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Alfa Laval Receives Major Orders on the Fast Growing Marine Market in Vietnam.


STOCKHOLM, Sweden -- Alfa Laval Alfa Laval AB is a Swedish company, founded in 1883 by Gustaf de Laval and Oscar Lamm. The company is a leading producer of specialized products and solutions used to heat, cool, separate and transport products such as oil, water, chemicals, beverages, foodstuffs, starch and , a world leader in heat transfer, centrifugal separation and fluid handling, has received some major orders from a Vietnamese shipbuilder. The total order value is approximately MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm)
MSEK Million Swedish Kroner
 50 and includes a number of Alfa Laval's key products. Delivery will take place in 2007 and 2008.

Vietnam is a rapidly growing market for Alfa Laval and we expect to double sales in 2007. There are many opportunities within the marine industry, breweries and rubber industries, says Alfa Laval's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Lars Renstrom. The marine industry is gaining ground very fast in Vietnam. The total export value in the sector grew from USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 70 million during 2003 to USD 4.5 billion during 2006. This means of course a large possibility for companies serving the marine industry.

Editor's notes:

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 refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective.  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 the Nordic, Nordic Large Cap, and, in 2006, posted annual sales of about SEK SEK

In currencies, this is the abbreviation for the Swedish Krona.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 20 billion (approx. EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 2.2 billion). The company has some 10,000 employees.

For further information, please visit the Alfa Laval website at www.alfalaval.com.

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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 30, 2007
Words:313
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