18.06.2014 11:50:00

Nederman receives order worth SEK 22 million.

Regulatory News:

Nederman (STO:NMAN) has received an order from May Forestry JSC to supply dust extraction and transportation solutions to two new factories in Vietnam. The order is worth SEK 22 million.

The Nederman system will reduce dust levels in the production facilities producing MDF boards and fingerjointed solid wood panels. The order includes extraction fans, dust collectors, rotary valves, silos, conveying, control systems and engineering.

May Forestry is in the construction phase of the project, the sawmill shall be running by end Q32014, the MDF line, specialising on thin MDF for furniture by the end of 2014 in the northern central province of Nghe An.

"The wood processing industry is growing in Vietnam and this order is an important reference for us going forward,” says Sven Kristensson, Nederman’s CEO. The order is booked in the second quarter of 2014 and installation is expected to take place during second half this year.

Facts about Nederman

Nederman is one of the world's leading companies supplying products and solutions in the environmental technology sector focusing on industrial air filtration. The company's products and systems contribute to reducing the environmental effects from industrial production, to creating safe and clean working environments and to boosting production efficiency. Nederman's offering encompasses everything from the design stage through to installation, commissioning and servicing. Sales are carried out via subsidiaries in 30 countries and distributors in over 30 countries. Nederman develops and produces products at its own manufacturing and assembly units in Europe, North America and Asia. The Group is listed on Nasdaq OMX, Stockholm and has around 1,950 employees.

Nederman Holding AB (publ), P.O. Box 602, SE-251 06 Helsingborg, Sweden.

Corporate registration number: 556576-4205

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