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©SWEP 2010 version 1
Expect more. Expect change.
©SWEP 2010 version 1
Nils-Gustaf Tobieson
Business Mission“Lead the global development, production and marketing of brazed plate heat exchangers while facilitating conversion to sustainable products and processes.”
©SWEP 2010 version 1
Our Story is About Heat exchangers
• SWEP was founded in 1983• BPHE (Brazed Plate Heat Exchangers) are our specialty• SWEP is a World-leading manufacturer
©SWEP 2010 version 1
Our Vision Goes Beyond Products
“…to ensure that all SWEP customers know that choosing SWEP not only guarantees better products and services over time. It also means choosing a company that ensures it behaves honestly and professionally…”
©SWEP 2010 version 1
GoalsWorld-class products and service
To be recognized as the “supplier of excellence” of brazed heat exchangers.
Global presence with highly motivated international peopleTo operate on a worldwide basis with
multinational personnel committed to high standards of integrity towards the customer, the community at large and SWEP itself and providing a working climate that is motivating and productive.
Make the Brazed Plate Heat Exchanger the default choiceAchieve a high level of CBE awareness and
penetration in all markets and applications.
High-level financial performanceTo meet financial targets set by Dover.
©SWEP 2010 version 1
Strategies• Integrate with customers • Cost leadership • Modularity• Leadership in innovation• Aggressive conversion to BPHEs• High-performing team• Outstanding product accessibility
©SWEP 2010 version 1
Strategies
Modularity
Leadership in innovation
Cost leadership
Integrate with customers
Outstanding product accessibility
High-performing team
Aggressive conversion to BPHEs
©SWEP 2010 version 1
Basic BeliefsAs a company, we will:• Provide high-quality products and service in a timely manner. • Continuously invest in improving our staff, products and processes. • Be intolerant of mediocrity and the status quo. • Adopt a culture of continuous improvement in everything we do. • Recognize our customers’ needs, and our dependence on them as customers. • Strive to exceed our customers’ expectations. • Never compromise customer or employee safety.
As individuals, we will:• Be honest, trustworthy and ethical in all our relationships. • Carry out assignments and responsibilities in a reliable manner. • Be truthful and accurate in what we say and write. • Cooperate with our fellow employees, customers and suppliers, and deal with them in a constructive manner.
• Abide by the law in all our activities. • Commit to accomplishing all tasks in a superior way.• Utilize company resources economically. • Be dedicated to service in our company. • Improve the quality of life in the world in which we live.
©SWEP 2010 version 1
Expertise
Service Products
Expertise
Breakthrough Innovation
Strategic IntentsStrategies
Culture of Continuous Improvement
The BPHE specialist at your service
Mission
Goals
ProductsService
Integrity counts & Basic Beliefs
Solid Financial Performance
Quality
SWEP
©SWEP 2010 version 1
SWEP Organization
President
Human Resources
BusinessDevelopment
Sales & Marketing
Research &Development
Finance & Administration Operations
©SWEP 2010 version 1
Management TeamNils-Gustaf Tobieson
President
Ulrika NordqvistSales & Marketing
Lotta HolmqvistHuman Resources
Staffan SelanderInformationTechnology
Martin PamborSales & Marketing
Rikard MalmbackBusiness
Development
Sören Friis-HansenSales & Marketing
Anders HolmqvistSales & Marketing
Eric MenckeResearch &
Development
Håkan NilssonResearch & Development
OperationsSales & Marketing
Anders LundbladFinance &
Administration
©SWEP 2010 version 1
The principle of heat transfer
©SWEP 2010 version 1
Europe73%
Asia17%North
America9% Other
1%
Our BPHE sales per world region 2009
©SWEP 2010 version 1
Application areas
Refrigeration9%
Heating53%
Industrial9%
(Sales per main application 2009)
AC29%
©SWEP 2010 version 1
Refrigeration
SupermarketTransport
Heating
Residential BoilersNordic Heat pump Solar HeatingDistrict heatingCO-GenerationOther heating
9 %
Industrial
Air Dryers/ Air Compressors Oil CoolersEngines&TrainsIndustrial Chillers
Air condition
AC ChillersAbsorption chillersDistrict CoolingOther cooling
53 % 29 %
9 %
Sales per segment 2009
©SWEP 2010 version 1
Sales
Sales $m
0
20
40
60
80
100
120
140
160
180
200
1985 1990 1995 2000 2005 2009
©SWEP 2010 version 1
Number of units
Num of units (x1000)
0
500
1000
1500
2000
2500
3000
1985 1990 1995 2000 2005 2009
©SWEP 2010 version 1
Employees
Employees
0
100
200
300
400
500
600
700
800
900
1985 1990 1995 2000 2005 2010
©SWEP 2010 version 1
1983
Landskrona, Sweden
Tentlingen, Switzerland
Kuala Lumpur, Malaysia
Edgefield, USA
Suzhou, China
Košice, Slovakia
20071990 2000
Factories
©SWEP 2010 version 1
5.800
182
Robert A. Livingston
Nils-GustafTobieson
Sales 2009 ($m) CEO
The Resources Supporting Growth and Development
©SWEP 2010 version 1
Sales offices
Atlanta, USA
Helsinki, Finland
Didcot, UK
Barcelona, Spain
Fürth, Germany
Aulnay-sous-Bois, France
Warnsveld, The Netherlands
Hildesheim, Germany
Büdingen, Germany
Dolní Bukovsko, Czech Republic
Kosice, Slovakia
Arcore, Italy
Selangor, MalaysiaPune, India
Guangzhou, China
Chengdu, China
Shanghai, China
Beijing, China
Osaka, Japan
Head officeLandskrona, Sweden
Sydney, Australia
Sao Paulo, Brazil
©SWEP 2010 version 1
Factories
Landskrona
Kuala Lumpur
Edgefield Tentlingen
Suzhou
Kosice
©SWEP 2010 version 1
Environmentally friendly heat exchangers
• Size
• Performance
• Materials
• System
• Maintenance
©SWEP 2010 version 1
Top 10 arguments
TailoredOptimized and customized
Performance Reliable, energy-efficient and cost-effective
EconomicalUse minimal material to best effect
VersatileCover wide range of cooling and heatingCapacities
CompetitiveSave space compared with S&T heatexchangers; withstand high temperatureand pressure (no gaskets) unlike PHE heatexchangers
TurbulentResist scaling and fouling: effectively self-cleaning
InnovativeUnique design solutions, e.g. true dual and double-wall BPHEs
TestedPressure- and leak-tested. All widely recognized pressure vessel codes available, e.g. PED and China's Pressure Vessel Code
ResponsiveSmall holdup volume and lower refrigerant charge
StandardsComply with standards such as ISO 9001 (quality) and ISO 14000 (environmental)
©SWEP 2010 version 1
Customer list, examples
AERMEC S.P.A. HILL-PHOENIX SWETHERM ABBDR THERMEA HITACHI THERMAX LIMITEDBEHR INDUSTRIETECHNIK INTERKLIMA S.A THERMIA VÄRME ABBINDER JOHNSON CONTROLS THERMOCOLD COSTRUZIONI S.R.L.BOSCH KAESER KOMPRESSOREN GMBH TRANECARRIER KOBE STEEL LTD. UNIFLAIR ITALIA S.P.ACHILLER OY MC QUAY VAILLANT HENWORTHCIATESA MITSUBISHI ELECTRIC CORP WESTFALIACLIMAVENETA MITSUBISHI HEAVY INDUSTRIES VIESSMANNDAIKIN MULTISTACK INC. WILODENCO LIMITED OLAER VOITH TURBO GMBH & CO. KG
DOMNICK HUNTER HIROSS S.P.A. PECOMARK, S.A. WÄRTSILÄ
GRASSO (PTY) LTD RENSA DIDAM
GRUNDFOS SMC CORPORATION