Gränges AB: Innovation and New Technologies in Focus on Gränges 9th Technical Seminar in Nanjing

Regulatory News:

Gränges (STO:GRNG) 9th Technical Seminar, which is held in Nanjing, China, 22-23 September 2016, is focusing on innovations and new technologies for the heat exchanger industry. About 400 customers and other leading industry representatives are attending the seminar, making it the largest seminar of its kind in the world.

"Gränges has been leading the development of new, innovative rolled products for heat exchangers since we started our operations in China 20 years ago. We offer the most technically advanced solutions and work closely with our customers in order to improve their processes and technologies”, said Gränges CEO Johan Menckel at his opening speech in Nanjing.

"When looking at the next coming years, challenges with emissions, new powertrain solutions, and more digital content are factors that will support demand for advanced heat exchanger materials. We are committed to continue to invest and grow our business in the Asian region in the coming years”, says Johan Menckel.

The seminar will cover topics such as challenges with emissions, innovative technologies for brazing, development trends for aluminium heat exchangers, design and future solutions. In preparation for the seminar, Gränges has released a white paper on the passenger car condenser industry which adds to the white paper released two years ago on passenger car radiators.

Gränges Shanghai celebrates its 20th anniversary this year. Since the 1996, Gränges has been investing in Shanghai and growing its customer base throughout China and Asia. At present, Gränges Shanghai’s production capacity is more than 120,000 tons – the world’s largest production facility for specialised heat transfer materials.

Gränges hosts a Technical Seminar every other year in China. The seminar is organised by Gränges, and is this year co-sponsored by four world-renowned companies specialising in supporting the production of aluminium heat exchangers: Seco/Warwick, Solvay, Schoeler and Sapa.

About Gränges

Gränges is a leading global supplier of rolled aluminium products for heat exchanger applications and other niche markets. In materials for brazed heat exchangers Gränges is the global leader with a market share of approximately 20%. The company develops, produces and markets advanced materials that enhance efficiency in the customer manufacturing process and the performance of the final products; brazed heat exchangers. The company’s geographical markets are Europe, Asia and the Americas. Its production facilities are located in Sweden, China and the United States, and have a combined annual capacity of 400,000 metric tonnes. Gränges has some 1,500 employees and net sales of more than SEK 10 billion. The share is listed on Nasdaq Stockholm. More information on Gränges is available at granges.com.

This information was brought to you by Cision http://news.cision.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20160921006686/en/