Today, 29 November 2022, Alfa Laval is hosting the annual Capital Markets Day, at its site in Søborg outside Copenhagen. During the day, executive management will discuss growth areas based on the energy and sustainability transformation. Alfa Laval is also announcing an investment of SEK 1 billion to support the growth plan, says a press release published on their site.
Three strategies
During the Capital Markets Day, Tom Erixon, President and CEO of Alfa Laval, will elaborate on the growth strategy based on three platforms. Firstly, the company expects to continue to grow core products in existing applications.
Secondly, the global sustainability agenda is expected to drive significant market demand over the next decade in new applications where Alfa Laval has leading technology positions.
And finally, Alfa Laval has engaged in new technologies and partnerships to broaden its offering in sustainable solutions.
Driving the change
The three divisional presidents will elaborate on these opportunities and give examples of how Alfa Laval is part of driving the change to more sustainable operations. These opportunities will be further showcased in an exhibition on site in Søborg, where some of the latest products and applications will be presented.
Alfa Laval´s capex guidance of SEK 2-2.5 billion annually remains unchanged. The investment programme is focused on growing capacity in high growth areas related to the global energy transition. As a part of this programme the company is today announcing the investment of SEK 1 billion in its gasketed heat exchanger manufacturing and distribution capacity.
A big part of the investment will go towards increasing production capacity and distribution in Lund. In addition, production capacity on existing sites in China and India will also be expanded.
Strong trend
“While we are concerned about the global economy in the short-term, the demand trends remain strong, especially for technologies needed to rebuild the global energy system. Today’s announcement is a part of our ambition to remain in a leadership position to support crucial areas like hydrogen production, carbon capture, and waste heat recovery,” says Tom Erixon.
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Source: Alfa Laval
