Alfa Laval Wins SEK 130 Million Offshore Gas Order in South Korea

Tue Jan 15, 2013 2:41am EST

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LUND, Sweden--(Business Wire)--
Regulatory News: 

Alfa Laval (STO:ALFA)- a world leader in heat transfer, centrifugal separation
and fluid handling - has won an order from the South Korean shipyard Daewoo
Shipbuilding & Marine Engineering (DSME) to supply Alfa Laval Aalborg heaters to
a floating production, storage and offloading vessel (FPSO) which will be built
in Korea. The order, booked in the Marine & Offshore Systems segment, is worth
approximately SEK 130 million and delivery is scheduled for 2013. 

The Alfa Laval Aalborg heaters are the largest in the company`s product range,
and they will be used to preheat gas condensate prior to the processing onboard.
The FPSO is being built by DSME in South Korea - one of the world's leading
contractors specialized in building offshore platforms, drilling rigs and FPSO
vessels. The FPSO, owned by the Japanese oil giant INPEX is part of their
Ichthys project and will be stationed offshore Western Australia. It has a
production design life of 40 years and an estimated production capacity of
100,000 barrels of gas condensate per day. 

"This is an interesting order in many ways; it includes our market leading Alfa
Laval Aalborg heaters, it is from one of the biggest shipbuilders for advanced
oil and gas vessels and it is in South Korea which is becoming an increasingly
important market for Alfa Laval", says Lars Renström, President and CEO of the
Alfa Laval Group. "The order confirms our strong position as reliable supplier
to the oil and gas industry." 

Did you know that… South Korea is Alfa Laval`s fourth biggest market, with an
order intake of approximately 2 billion SEK?[1] 

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 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 2011, posted annual sales of about
SEK 28.6 billion (approx. 3.2 billion Euros). The company has today about 16 000
employees. 

www.alfalaval.com

[1] Based on order intake last twelve months per Q312 

This information was brought to you by Cision http://www.cisionwire.com

Alfa Laval
Peter Torstensson Senior Vice President, Communications
Tel: + 46 46 36 72 31
Mobile: +46 709 33 72 31
or
Gabriella Grotte Investor Relations Manager
Tel: +46 46 36 74 82
Mobile: +46 709 78 74 82 

Copyright Business Wire 2013

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