Alfa Laval AB - Company Profile
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Business Description
Alfa Laval AB (Alfa Laval) is a supplier of specialized products and solutions for heat transfer, separation and fluid handling across the world. Its products are designed to optimize various processes such as heating, cooling, separating, and transporting of products including oil, water, chemicals, beverages, and foodstuffs.
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R&D Overview
R&D efforts focus on investing in new technology to develop high-performance and energy-efficient products. The company’s research activities enable it to strengthen its product line and develop new products for the industry. Research and development is always a high priority for the company in order to strengthen its position and support organic growth by identifying new applications for existing products as well as developing new products. Its R&D team majorly focuses on three key technologies; heat transfer, separation and fluid handling. In heat transfer, it is focusing on the development of Compact heat exchangers that recycle heat, optimise customers' energy consumption, reduce costs, and reduce negative environmental impact. Separation technology focuses on the development of Separators, decanter centrifuges, filters, strainers, and membranes that separate liquids from other liquids and solid particles from liquids or gases. Its fluid handling technology is focused on the production of pumps, valves, tank cleaning equipment, and installation materials for industries with stringent hygiene requirements, as well as pumping systems for the marine industry and the offshore market. In FY2021, Alfa Laval spent SEK1,356 159 million on R&D, which grew 16.93% YoY and accounted for 2.68% of the company’s revenue. As of December 31, 20221, the company had more than 4,000 3,700 patents.
Business Segments
Overview
Operates through brazed & fusion bonded heat exchangers, energy separation, gasketed plate heat exchangers and welded heat exchangers units. Consists of construction-related applications namely heating, cooling, and ventilation and offers to customers in the mining, metal, and lighter industries. Caters to oil and gas extraction, oil and gas processing and transport, refineries, petrochemicals, and power generation. Focuses on energy efficiency and helps to reduce energy consumption economically and environmentally. In FY2022, the segment incurred a capital expenditure of SEK535 million which, grew 32.7% YoY.
Performance
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Overview
Consists of food, pharmaceuticals, vegetable oils, biotech, breweries, dairy, and body care products. Operates through food heat transfer, food systems, hygienic fluid handling, and high-speed separators divisions. Focuses on public and industrial water treatment, and wastewater and waste treatment. In FY2022, the segment incurred a capital expenditure of SEK360 million, which grew 14.3% YoY.
Performance
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Overview
Offerings include heat transfer equipment, high-speed separators, and pumping systems as well as different environmental products such as ballast water treatment systems. Caters to shipowners, shipyards, manufacturers of diesel and gas engines and companies that specialize in offshore extraction of oil and gas. In FY2022, the segment incurred a capital expenditure of SEK970 million which grew 15.5% YoY.
Performance
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Geographical Segments
- Africa
- China
- Latin America
- Oceania
- Other Asia
- Other EU
- Other Europe
- Other North America
- South Korea
- Sweden
- USA
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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