Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid
handling – has acquired the assets and technology for a gas combustion unit from
the company Snecma (Safran). The product, which will be included in the offering
from the Marine & Offshore Systems segment, is expected to generate sales of
about SEK 40 million in 2013.
The product is a piece of safety equipment for Liquefied Natural Gas (LNG)
carriers. It prevents overpressure of the LNG tanks by venting the boil-off gas
and burning it, instead of letting the highly flammable gas out into the
atmosphere, which is prohibited by marine safety regulations.
Lars Renström, President and CEO of the Alfa Laval Group, comments on the
acquisition: “With this acquisition we expand and further strengthen our offer
to the growing gas transportation business, a business which typically has high
barriers to entry. Few companies can offer this type of safety equipment.”