Annons
Alleima receives a major order for advanced tubes; umbilicals for the Oil and Gas segment

Alleima has received a major order for advanced tubes; umbilicals, for the Oil and Gas customer segment, to a total value of about SEK 240 million.

The order was booked in the fourth quarter and deliveries are scheduled as from the first half of 2023. The order is classified as a major order (threshold is SEK 200 million), to a value of about SEK 240 million. The order will be reported in the Tube division.

"I am pleased that we have now received this major order that has been anticipated for some time, and that we once again prove our strength as a supplier of high value-added tubular products, umbilicals for the Oil and Gas segment", says Michael Andersson, President of Tube division.

Sandviken, November 17, 2022

Alleima AB (publ)

Contact details

Emelie Alm, Head of Investor Relations
emelie.alm@alleima.com
Phone: +46 (0) 79060 87 17

Yvonne Edenholm, Press and Media Relations Manager
yvonne.edenholm@alleima.com
Phone: +46 (0) 72145 23 42

About Alleima
Alleima AB, formerly Sandvik Materials Technology, is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, we develop products for the most demanding applications and industries. Our offering includes products like seamless steel tubes for the energy, chemical and aerospace industry, precision strip steel for white goods compressor, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. Our fully integrated value chain, from R&D to end-product, ensures industry-leading technology, quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden and revenues of SEK 13.8 billion in 2021, has more than 5,500 employees and customers in approximately 90 countries. Alleima was listed on Nasdaq Stockholm on August 31,2022 under the ticker `ALLEI'. Learn more at www.alleima.com (https://www.alleima.com/en/)

Source: Cision
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