Strong Demand for the Alfa Laval Packinox Heat Exchangers.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 (STO:ALFA)- a world leader in heat transfer, centrifugal centrifugal /cen·trif·u·gal/ (sen-trif´ah-gal) efferent (1). cen·trif·u·gal adj. 1. Moving or directed away from a center or axis. 2. separation and fluid handling - has received an order for Alfa Laval Packinox custom-designed heat exchangers from a major Chinese oil corporation. 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. 110 million and deliveries will take place during 2008. Alfa Laval has received four big orders for the Alfa Laval Packinox heat exchangers during the fourth quarter this year with a total order value of about SEK 400 million. "I am very pleased to see how the acquisition of Packinox has developed", says Lars Renstrom, 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. "When we acquired Packinox we not only acquired a unique product range we also got a new channel to the refinery and petrochemical market." The equipment will be used in the catalytic processing sections in the manufacture of mixed xylenes, which are feedstock for various petrochemical end products such as PET and polyester. The equipment will be part of an aromatic complex in the Guangdong Province Noun 1. Guangdong province - a province in southern China Guangdong, Kwangtung . Alfa Laval Packinox In 2005 Alfa Laval acquired Packinox, a world leader in large welded plate heat exchangers The plate heat exchanger (PHE) was invented by Dr Richard Seligman in 1923 and revolutionised methods of indirect heating and cooling of fluids. A plate heat exchanger is a type of heat exchanger that uses metal plates to transfer heat between two fluids. for the hydrocarbon industry. Using its unique proprietary technology and manufacturing process Alfa Laval Packinox designs, develops and manufactures welded plate heat exchangers with an extensive array of client benefits. Alfa Laval Packinox works closely with each customer to optimize their process units and to provide them with effective solutions. 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 F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , 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 2005, posted annual sales of about SEK 16.5 billion (approx. 1.8 billion euros). The company has some 10,000 employees. www.alfalalval.com This information was brought to you by Waymaker http://www.waymaker.net |
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