Alleima expands Indian manufacturing with SEK 220 million investment
The Mehsana facility will produce advanced tubes for fertilizers and compressed natural gas systems, opening in 2028
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Developer and producer of advanced alloys and high-performance materials
alleima.comLast updated
In short: Alleima invested $23.2 million in its Indian facility, secured a major SEK 995 million order, and expanded its partnership with Airbus.
The Mehsana facility will produce advanced tubes for fertilizers and compressed natural gas systems, opening in 2028
The company highlighted the quarter in a video and will present results in a live webcast with CEO and CFO.
Order intake fell 2% while revenues grew 3%. Adjusted EBIT reached SEK 519m, margin 10.6%. EPS was SEK 2.19, free cash flow SEK 330m.
The order is worth SEK 995 million and will support Indonesia's Kutei North Hub Project.
Swedish specialty steelmaker Alleima is investing approximately $23.2 million to expand its advanced tube production facility in Mehsana, Gujarat. The expansion will increase the company’s...
The materials manufacturer Alleima is deepening its long-standing cooperation with Airbus. Both companies have extended their partnership for the longest joint contract period to date and au...
Alleima is increasing its capacity and capabilities for advanced tubing products through an investment of approximately SEK 220 million, at its existing facility in Mehsana...
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