Sandvik has reported a strong start to 2017 for welding products, materials and solutions. The news follows a global surge in demand for specialized welding expertise, with China and NAFTA representing the two largest growth markets.
Having achieved a 25% increase in order intake for 2017, Sandvik’s success comes after a five-year period of strategic investments in solutions for complex welding applications. These cover the oil and gas, petrochemical, nuclear energy and power generation industries.
Sandvik attributes its competitive strengths in the Chinese market to corrosion resistance, high productivity, low costs and innovative and reliable materials. The company expects that its recent innovations in super-duplex stainless steel, nickel alloys and other product areas will sustain the current growth level into next year.
