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Nederman Signs an Agreement Worth around SEK 30 Million with One of Chinas Largest Automotive Companies


china

STOCKHOLM--Nov 11, 2013

“We continue to focus on the Chinese market and once again we got proof on our competitiveness in solutions for creating eco-efficient production, this time in the automotive industry”

Nederman has signed an agreement with one of China's largest automotive companies to supply complete solutions for dust collection. The agreement is worth around SEK 30 million.

The customer is one of Chinas largest passenger car and commercial truck manufacturer. The turn-key solution includes design, manufacturing and installation of Nederman dust collection systems to a new foundry factory. The systems and filters will be produced in the Nederman plant in Suzhou, China.

“We continue to focus on the Chinese market and once again we got proof on our competitiveness in solutions for creating eco-efficient production, this time in the automotive industry”, says Sven Kristensson, CEO of Nederman. The order is booked in the fourth quarter and installation is planned to take place in the end of second quarter or beginning of the third quarter 2014.

Nederman is one of the world's leading companies supplying products and solutions in the environmental technology sector focusing on industrial air filtration. The company's products and systems contribute to reducing the environmental effects from industrial production, to creating safe and clean working environments and to boosting production efficiency. Nederman's offering encompasses everything from the design stage through to installation, commissioning and servicing. Sales are carried out via subsidiaries in 30 countries and distributors in over 30 countries. Nederman develops and produces in its own manufacturing and assembly units in Europe, North America and Asia. The Group is listed on Nasdaq OMX, Stockholm and has around 1,950 employees.