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Alfa Laval wins SEK 130 million renewable energy order in the US

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Alfa Laval has been awarded an order worth approximately SEK 130 million to supply a processing line to HollyFrontier Corporation for renewable diesel production in the US. This order, part of the Food Systems unit, includes high-speed separators and compact heat exchangers, aimed at pre-treating fats and oils before conversion to renewable diesel. Delivery is expected in 2021, showcasing Alfa Laval's role in supporting sustainable energy solutions. The company remains committed to improving energy efficiency and reducing emissions.

Positive
  • Secured an order worth approximately SEK 130 million, enhancing revenue.
  • Contribution to renewable energy sector aligns with market trends focusing on sustainability.
  • Demonstrates trust from customers in Alfa Laval's high-efficiency equipment.
Negative
  • None.

LUND, Sweden, Oct. 20, 2020 /PRNewswire/ -- Alfa Laval - a world leader in heat transfer, centrifugal separation and fluid handling - has won an order to supply a processing line to HollyFrontier Corporation to support the production of renewable diesel in the US. The order has a value of approximately SEK 130 million and is booked in the Food Systems unit of the Food & Water Division. Delivery of equipment is scheduled for 2021. 

The order comprises Alfa Laval high speed separators and various compact heat exchangers along with other equipment, engineering and services to provide a pre-treatment processing plant to remove contaminants from fats and oil feedstock prior to the conversion to renewable diesel fuel.

"I am very pleased to announce this large order in the renewable energy area," says Nish Patel, President of the Food & Water Division. "Our various products used in the pre-treatment process are recognised for their efficiency and reliable performance. This order confirms our customer's trust in our equipment."

Did you know that… currently the investments in renewable diesel production in the US are largely driven by the California Low Carbon Fuel Standard to lower the carbon intensity of transportation fuels? 

This is Alfa Laval 

Alfa Laval is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress - always going the extra mile to support customers in achieving their business goals and sustainability targets.

Alfa Laval's innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day. It's all about Advancing better™.

Alfa Laval has 17,500 employees. Annual sales in 2019 were SEK 46.5 billion (approx. EUR 4.4 billion). The company is listed on Nasdaq OMX.

www.alfalaval.com

For more information please contact:

Johan Lundin
Head of Investor Relations
Alfa Laval
Tel: +46-46-36-65-10
Mobile: +46-730-46-30-90

Eva Schiller
PR Manager
Alfa Laval
Tel: + 46-46-36-71-01
Mobile: +46-709-38-71-01

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/alfa-laval/r/alfa-laval-wins-sek-130-million-renewable-energy-order-in-the-us,c3218796

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Cision View original content:http://www.prnewswire.com/news-releases/alfa-laval-wins-sek-130-million-renewable-energy-order-in-the-us-301155509.html

SOURCE Alfa Laval

FAQ

What is the order value won by Alfa Laval for renewable energy?

Alfa Laval won an order valued at approximately SEK 130 million.

Who is the customer of Alfa Laval's recent order for renewable diesel production?

The customer for the recent order is HollyFrontier Corporation.

What equipment is included in the Alfa Laval order for renewable diesel production?

The order includes high-speed separators and compact heat exchangers for pre-treatment processing.

When is the delivery of Alfa Laval's equipment scheduled?

The delivery of the equipment is scheduled for 2021.

In which sector is Alfa Laval's new order primarily focused?

The new order is primarily focused on the renewable energy sector.

ALFA-LAVAL AB UNSP/ADR

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