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Alfa Laval Receives Order From BASF and The Dow Chemical Company To Petrochemical Plant In Belgium

Posted on: Wednesday, 22 March 2006, 03:03 CST

Alfa Laval (STO:ALFA) has received a SEK 45 million order for plate heat exchangers to a joint venture between BASF and The Dow Chemical Company. The equipment is to be used in a new petrochemical plant in Antwerp, Belgium. Delivery will take place during 2007.

The plant will produce propylene oxide which is used in e.g. manufacturing of polyurethanes, propylene glycol, chemical intermediates and textile surfactants. The plant in Antwerp will be the first in the world based on the HPPO* technology. The companies are looking into setting up additional plants in Asia and USA using this new technology.

The plate heat exchangers form a part of the plant's central cooling system where seawater provides cooling capacity to the plant by cooling fresh water in a closed loop. The fresh water is used as cooling media for the plant's process equipment.

About BASF and The Dow Chemical Company

With 81000 employees on five continents and posted sales of EUR 42.7 billion in 2005, BASF is the world's largest chemical producer. The DOW Chemical Company, operating 165 manufacturing sites in 37 countries, is with their annual sales of $40.2 billion 2004 the second largest global chemical producer.

*HPPO = hydrogen peroxide to propylene oxide.

Editor's notes:

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 the Stockholm Exchange and, in 2005, posted annual sales of about SEK 16,5 billion (approx. 1.8 billion euros). The company has some 9,400 employees.

For further information, please visit the Alfa Laval website at www.alfalaval.com.

This information was brought to you by Waymaker http://www.waymaker.net

Source: Business Wire

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