Alfa Laval Wins Nuclear Power Order in China Worth SEK 130 Million.STOCKHOLM -- Regulatory News: Alfa Laval (STO:ALFA) - a world leader in heat transfer, centrifugal separation and fluid handling - has won an order for plate heat exchangers and filters to be used for cooling duties in two new nuclear power reactors in China. The order value is 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. 130 million and delivery is scheduled to be completed by 2011. Alfa Laval's plate heat exchangers and filters will be used in the reactor island cooling system cooling system: see air conditioning; internal-combustion engine; refrigeration. cooling system Apparatus used to keep the temperature of a structure or device from exceeding limits imposed by needs of safety and efficiency. where seawater seawater Water that makes up the oceans and seas. Seawater is a complex mixture of 96.5% water, 2.5% salts, and small amounts of other substances. Much of the world's magnesium is recovered from seawater, as are large quantities of bromine. is used to cool a fresh water circuit for various equipment in the plant. "China has intensified the pace to build up its nuclear power generating capacity and the plan is to reach at least 60 GWe by 2020, corresponding to about 50 new reactors", says Lars Renstrom, 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. of the Alfa Laval Group. "Alfa Laval has delivered equipment to the majority of the nuclear power plants in China and this order confirms our strong position in this market." Did you know that China's installed electric power generating capacity is planned to reach about 1400 GWe by 2020, which is double the capacity of 2007? The plan is to increase the share covered by nuclear power from 2 to 5 percent during the same period. 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 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 Exchange, Nordic Large Cap, and, in 2008, posted annual sales of about SEK 28 billion (approx. 2.9 billion Euros). The company has some 12 000 employees. www.alfalaval.com This information was brought to you by Cision http://www.cisionwire.com |
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