Weaker scrubber demand takes shine off Alfa Laval results
The ban of discharges from open-loop scrubbers by some major ports has impacted the outlook for the product
17 July 2019 - 16:24
Stockholm — Sweden’s Alfa Laval reported a fall in quarterly orders on Wednesday on weaker-than-expected demand for ship exhaust cleaners and pumping systems, sending its shares sharply lower.
Demand for so-called scrubbers which strip out sulphur from marine fuel has boosted the engineering group, as well as Wartsila in the past few years as shipowners prepared for stricter sulphur emissions regulations from 2020. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.