Alfa Laval AB · OMXSTO:ALFA

Alfa Laval AB — Investor Day (November 2010)

30 slides from Alfa Laval AB's investor day presentation, November 2010

1. Slide 1: www.alfalaval.com

   www.alfalaval.com

2. Slide 2: Heat Transfer

   Heat Transfer Capital Market day, November 2010 Nish Patel

3. Slide 3: Heating and cooling

   Heating and cooling Basic needs in many industries www.alfalaval.com

4. Slide 4: Drivers & trends

   Drivers & trends  Fast-growing markets will serve as key growth engines  Rising energy costs, need for energy efficiency  Mordernisation & replacement  Environmental concerns demand for energy efficiency www.alfalaval.com

5. Slide 5: Global heat exchanger market

   Global heat exchanger market 2009 Total HE 9,600 M€ Plate HE 2,100 M€ Shell & Tube 29% Brazed Others 11% 17% Gasketed Plate HE 62% 22% Cooling Towers 16% Welded 21% Air Coolers 22% Source: GIA market report 2010 www.alfalaval.com

6. Slide 6: Design pressure and temperature

   Design pressure and temperature Pressure (barg) Shell & tube 150 120 Packinox 100 AlfaDisc 40 AlfaRex 32 Compabloc 30 Brazed Semi-welded 25 AlfaNova Gasketed Spiral -300 -160 -120 -50 0 160 225 350 400 550 600 700 Temp (°C) www.alfalaval.com

7. Slide 7: The advantages of the plate heat exchanger

   The advantages of the plate heat exchanger  Low investment cost  Low installation cost  Low space requirement  Low maintenance cost  Flexible design  High reliability Which means PHE is increasingly taking market share www.alfalaval.com

8. Slide 8: Heat exchanger types

   Heat exchanger types The technology shift 2009 2015 Shell & Tube Shell & Tube 29% 26% Others Others 11% 12% Plate & Frame Plate & Frame Cooling Cooling 22% 23% Towers Towers 16% 16% Air Coolers Air Coolers 22% 23% … and this is expected to continue Source: © Alfa GIA Market report 2010 Laval Slide 8

9. Slide 9: Plate heat exchangers

   Plate heat exchangers PHE Different versions Welded 17% Gasketed 62% Brazed 21% Welded Brazed Gasketed www.alfalaval.com

10. Slide 10: Gasket plate heat exchangers

    Gasket plate heat exchangers Market 1,300 M€ M€ Gasketed Gasketed Source: © Alfa GIA Market report 2010 Laval Slide 10 www.alfalaval.com

11. Slide 11: Plate heat exchangers – flow principle

    Plate heat exchangers – flow principle © Alfa Laval Slide 11 www.alfalaval.com

12. Slide 12: Applications

    Applications District/Central cooling Wet crude oil treatment www.alfalaval.com

13. Slide 13: Brazed plate heat exchangers

    Brazed plate heat exchangers Market 450 M€ M€ Brazed Brazed Source: © Alfa GIA Market report 2010 Laval Slide 13 www.alfalaval.com

14. Slide 14: The brazed & bonded plate heat exchanger

    The brazed & bonded plate heat exchanger  For higher temperature duties Fusion bonded Copper brazed © Alfa Laval Slide 14 www.alfalaval.com

15. Slide 15: Typical applications

    Typical applications Heat Pump Refrigeration www.alfalaval.com

16. Slide 16: Welded heat exchangers

    Welded heat exchangers Market 350 M€ M€ Welded Welded Source: © Alfa GIA Market report 2010 Laval Slide 16 www.alfalaval.com

17. Slide 17: Semi welded PHE – usage

    Semi welded PHE – usage  When one medium is hostile to gasket materials © Alfa Laval Slide 17 www.alfalaval.com

18. Slide 18: Applications

    Applications HVAC cooling Gas compression Supermarket cooling © Alfa Laval Slide 4 www.alfalaval.com

19. Slide 19: Compabloc – welded and accessible

    Compabloc – welded and acces accessible  For higher pressure duties © Alfa Laval Slide 19 www.alfalaval.com

20. Slide 20: Applications

    Applications Gas processing Chemical processing © Alfa Laval Slide 20 www.alfalaval.com

21. Slide 21: Packinox

    Packinox  For higher pressure and temperature duties © Alfa Laval Slide 21 www.alfalaval.com

22. Slide 22: Applications

    Applications Refinery Petrochemical plant © Alfa Laval Slide 22 www.alfalaval.com

23. Slide 23: Spiral heat exchangers

    Spiral heat exchangers For duties containing fluids with particles  A fullyy welded heat exchanger g for tough process duties.  Has an openp channel, suitable for slurries and fluids containing particles.  Is adaptable, to suit condensing duties. © Alfa Laval Slide 23 www.alfalaval.com

24. Slide 24: Applications

    Applications Steel plant Paper mill www.alfalaval.com

25. Slide 25: Air heat exchangers

    Air heat exchangers Continuous Development 1976 1990 2007 2007 2008 2010 2010 Artec Start Artec Helpman Fincoil AHE AHE AHE acquired acquired acquired production production expansion in Bulgaria in India in Russia www.alfalaval.com

26. Slide 26: How it works

    How it works Applications pp www.alfalaval.com

27. Slide 27: Shell & tube for refrigeration

    S&T Shell & tube for refrigeration HVAC M i Marine www.alfalaval.com

28. Slide 28: Focus on R&D

    Focus on R&D  Investment (2009): MSEK 654 = 2.5% of sales  290 engineers and technicians  35 35--40 new products annually  More than 300 patents related l t d tto own products d t www.alfalaval.com

29. Slide 29: Design pressure and temperature

    Design pressure and temperature Pressure (barg) Shell & tube 150 120 Packinox 100 AlfaDisc 40 AlfaRex 32 Compabloc 30 Brazed Semi-welded 25 AlfaNova Gasketed Spiral -300 -160 -120 -50 0 160 225 350 400 550 600 700 Temp (°C) www.alfalaval.com

30. Slide 30: www.alfalaval.com

    www.alfalaval.com

Alfa Laval — Investor Day (November 2010) on 6ix