Innovation and new technologies in focus at Gränges' 10th Technical Seminar in Xiamen

"Innovation and new technologies for electrical vehicles will be a driving force for Gränges in the coming years. Our seminar in China is an important event in the industry, to meet and discuss these topics", said Gränges CEO Johan Menckel in his opening speech at the Technical Seminar in Xiamen.

Today, energy-saving and emission reduction has become a global issue. In the automotive industry, stricter regulations are driving a rapid development of new technology solutions such as electrification but also a continued focus on traditional emission reduction programs and light-weighting. As a global leader in advanced aluminium products for brazed heat exchangers, Gränges focuses on developing new, innovative materials and solutions that support the rapid development in the automotive industry.

"Gränges holds a strong position in this field. We are working closely with our customers to develop solutions for new energy vehicles, as the industry is shifting towards more electrification. China is the biggest and fastest growing market for electrical vehicles in the world and Gränges is well-positioned to take an active role in this transition", said Gränges Asia President Colin Xu.

Rolled aluminium offers superior properties also for other industries, such as stationary air conditioning appliances and wind mills where Gränges currently serves as a supplier.

Since 1996, Gränges has been investing in its operations 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 five world-renowned companies specialising in supporting the production of aluminium heat exchangers: Seco/Warwick, Solvay, Schoeler, Safechem and Jinyang Aluminium.

For further information, please contact:
Pernilla Grennfelt, Senior Vice President Communications and IR
pernilla.grennfelt@granges.com,tel: +46 702 90 99 55

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 per cent. 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 420,000 metric tonnes. Gränges has some 1,600 employees and net sales of more than SEK 11 billion. The share is listed on Nasdaq Stockholm. More information on Gränges is available at granges.com.