Alfa Laval expanding production capacity
By Jack Burke01 February 2023
Move made based on increased demand in the ongoing global energy transition
Alfa Laval is expanding production capacity for heat exchangers in Sweden, Italy, China and the US as part of an increased investment program.
The company will invest SEK 3.8 billion in a capacity expansion program for heat exchangers. The investment will go towards increasing production, distribution and service capacity at four existing Alfa Laval sites in Sweden, Italy, China and the US. The decision to increase capacity investment is based on increased demand to support customers in the ongoing global energy transition.
“Although the global economy continues to be volatile, we see strong demand for our products in energy-related applications, both in the traditional supply and in new and growing areas such as hydrogen, heat pumps and data centers,” said Tom Erixon, president and CEO of Alfa Laval. “Last year we took the decision to increase capacity to address parts of the demand imbalances, and now we see additional growth opportunities. Today’s investment announcement is a result of that.”
Alfa Laval is a leader in heat transfer, centrifugal separation and fluid handling, and is active in the areas of energy, marine, and food and water, offering products and services to a wide range of industries in some 100 countries. T
Alfa Laval has 17,900 employees. Annual sales in 2021 were SEK 40.9 billion (approx. EUR 4 billion). The company is listed on Nasdaq Stockholm.