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Alfa Laval announces $95 mln energy transition-related investment

Source: Reuters

Nov 29 (Reuters) - Swedish engineering group Alfa Laval (ALFA.ST) will invest 1 billion Swedish Crowns ($95.12 million) on efforts to boost its capacity in areas related to global energy transition, it said on Tuesday.The investment aims to raise capacity in the manufacture and distribution of gasketed heat exchangers, which are used in both cooling and heating processes and are more energy efficient than…

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