Swedish heat exchanger manufacturer SWEP is dramatically increasing investment in climate-friendly technologies, reveals its 2015 environmental sustainability report released last month.
SWEP began as a thermal engineering company and was the first to commercialise brazed plate heat exchanger (BPHE) technology. Now it operates within the Dover Corporation as an autonomous company.
BPHEs allow for efficient exchange through corrugated plates, which are combined to create complex channels through which a hot medium and a cold medium can be distributed and thus allow for the change of different temperatures. They are used in air conditioning, refrigeration and heating systems to help boost their efficiency.
Last year SWEP committed to investing 50% of its R&D budget in climate-friendly technologies and in fact exceeded that target, with 87.5% of their 2015 research projects targeting “advances in technology supporting environmental sustainability”.
The company has also improved the efficiency performance of its BHPEs, and increased the share of renewable sources of energy for its factories.
In the report, SWEP “recognises its responsibility towards protecting the environment, commits to minimising the environmental impact of its operations, and sets its focus on advancing sustainable heat transfer system design”.
Nevertheless, the report acknowledges that SWEP did not manage to meet all of its targets. The company had sought to increase the share of renewable application areas in overall sales but this figure actually fell slightly (by 0.8%) from 2014 to 2015.
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