Brief: Concentric's Joint-Venture Alfdex Wins Order In China

Concentric AB

03/06/2021 07:02

June 3 (Reuters) - Concentric AB  CONIC.ST :
    * CONCENTRIC'S JOINT-VENTURE ALFDEX WINS AN IMPORTANT ORDER
IN
CHINA
    * ALFDEX AB, A 50/50 JOINT VENTURE BETWEEN ALFA LAVAL AND
CONCENTRIC, TODAY ANNOUNCES IT HAS WON, IN COLLABORATION WITH A
PARTNER, A CONTRACT TO SUPPLY CRANKCASE GAS SEPARATORS FOR A NEW
ENGINE PLATFORM WITH A MAJOR DOMESTIC TRUCK MANUFACTURER IN
CHINA
    * PRODUCTION WILL START IN 2021 AND SALES REVENUES FROM THIS
NEW
CONTRACT ARE ESTIMATED TO BE WORTH MORE THAN MSEK 150 OVER NEXT
FIVE YEARS.

Source text for Eikon:  ID:nWkr8lHJj0 
Further company coverage:  CONIC.ST 

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