Alleima receives a major order for steam generator tubes in the Nuclear segment

Source: www.gulfoilandgas.com 12/22/2023, Location: Europe

Alleima has received a major order for steam generator tubes, to a total value of approximately SEK 220 million. The receipt of this order is a clear proof of Alleima’s strong position in the Nuclear segment.

The order from one of the world’s leading suppliers of nuclear power equipment is classified as a major order (i.e. above SEK 200 million) and was booked in the fourth quarter of 2023. The order will be reported in the Tube division and deliveries are scheduled for the second half of 2025.

“We see great potential for growth in the Nuclear segment. Our addressable market in the Nuclear segment is expected to grow at approximately 9% CAGR in the coming five years and we are aiming to increase our market shares in this field. Although lead-times are relatively long, we are ready to significantly ramp-up our capacity when needed,” says Carl von Schantz, President of Tube division.

“I am pleased that we once again are chosen as a trusted supplier for a prestigious power project such as this. Our competitive advantage is our technology leadership and high-quality offering. Growth in the global Nuclear segment is driven by replacements, new-builds, extensions as well as new nuclear power innovations, like for example Small Modular Reactors (SMR:s), and we are currently active in several discussions regarding future power projects,” says Nigel Haworth, President of Business Unit Energy, Tube division.


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