2009-05-07

Sandvik expands capacity for steam generator tubes

Sandvik Materials Technology has decided to significantly increase capacity for the production of high-alloy steam generator tubes to meet the growing demand from the nuclear power industry.

The capacity expansion will be progressively implemented at the plant in Sandviken and the first phase is scheduled to go on stream at the beginning of 2010.

“These investments strengthen Sandvik’s position as a leading supplier of steam generator tubes to the rapidly growing nuclear power industry,” says Peter Gossas, President of business area Sandvik Materials Technology.

Sandviken, 7 May 2009

Sandvik Aktiebolag (publ)

For further information, contact:
Peter Gossas, President of Sandvik Materials Technology business area, +46 26 26 36 28 or Jan Lissåker, Vice President Investor Relations, Sandvik AB, +46 26 26 10 23.

Information about the company: Sandvik AB