Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. Instalco AB (publ)
  6. News
  7. Summary
    INSTAL   SE0017483506

INSTALCO AB (PUBL)

(INSTAL)
  Report
Real-time Estimate Cboe Europe  -  07:52 2022-10-03 am EDT
44.00 SEK   -1.90%
09/26Instalco : Robin Boheman sums up his first year as CEO
PU
09/14Instalco Buys Two Ventilation Companies in Norway
MT
09/14Instalco strengthens its presence in central Norway
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Instalco : Huge recycling of electronics has been made possible by the installations

07/22/2022 | 06:24am EDT

At Boliden's smelting plant in Ronnskär, you can find one of the world's largest recycling stations for electronics. The Instalco company, HP Welding has been contracted for manufacturing and installing a hood for the boiler of the furnace.

Boliden's copper smelter near Skellefteå has been recycling waste material since the 1960s. The smelter's current annual capacity for recycling electronics is 120,000 tonnes. All types of electronics material are collected, although most of it is crushed circuit boards, which are sent to a Kaldo furnace that has been specially designed for smelting of electronic materials.

"We have a long-term, successful collaboration with Boliden Mineral to meet their special requirements for this type of unique project. In 2011, we delivered the entire boiler for Boliden's e-Kaldo plant with successful results and are now working with a similar assignment. Because of the pandemic though, we faced particularly large challenges in this project with manufacturing overseas," says Rickard Långh, CEO at HP Welding Sweden.

The hood, which HP Welding will deliver and install, has been manufactured by a subcontractor in Hungary, then sent by truck to Sweden for installation at Boliden Rönnskär.

The actual smelting furnace consists of a gigantic, rotating leaning cylinder that rotates during the smelting process. The electronic was that is incinerated is then further processed to extract the copper and other precious metals. There is an advanced treatment system for the emissions from the process and the steam that it generates is captured and used to produce electricity and district heating.

Through this sustainability project, we ensure safe, reliable operations at the Boliden e-Kaldo plant and we are certainly proud of the part we have played in making it possible to recycle such enormous quantities of electronic scrap," says Rickard.

Many of the solutions needed to be specially designed. The material in the E-kaldo furnace hood is INCONEL alloy 625, which is able to withstand the extremely high temperatures generated during incineration of this type of electronic waste.

Disclaimer

Instalco AB published this content on 22 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 July 2022 10:23:03 UTC.


ę Publicnow 2022
All news about INSTALCO AB (PUBL)
09/26Instalco : Robin Boheman sums up his first year as CEO
PU
09/14Instalco Buys Two Ventilation Companies in Norway
MT
09/14Instalco strengthens its presence in central Norway
AQ
09/14Instalco AB (OM:INSTAL) acquired Urd Klima Oppdal AS and Urd Klima Servi..
CI
09/09Instalco Unit Wins Construction Contract With LKAB
MT
09/09Instalco company engaged in new assignment for LKAB
AQ
09/06Instalco Fortifies Capital Position for Future Investments with Fresh $316 Million Cred..
MT
09/06Instalco has entered into a new credit agreement totalling SEK 3.4 billion to support f..
AQ
09/06Instalco AB Enters into A New Credit Agreement Totaling SEK 3.4 Billion to Support Futu..
CI
09/06Instalco to Seek Acquisitions
CI
More news
Financials
Sales 2022 11 349 M 1 022 M 1 022 M
Net income 2022 590 M 53,1 M 53,1 M
Net Debt 2022 1 856 M 167 M 167 M
P/E ratio 2022 20,4x
Yield 2022 1,63%
Capitalization 11 671 M 1 051 M 1 051 M
EV / Sales 2022 1,19x
EV / Sales 2023 1,07x
Nbr of Employees 5 386
Free-Float 69,5%
Chart INSTALCO AB (PUBL)
Duration : Period :
Instalco AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INSTALCO AB (PUBL)
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 44,85 SEK
Average target price 78,00 SEK
Spread / Average Target 73,9%
EPS Revisions
Managers and Directors
Robin Boheman Chief Executive Officer
Christina Kassberg Chief Financial Officer
Per Wiking Sj÷strand Chairman
Leif Johnny Alvarsson Independent Director
Eva Carina Edblad Independent Director
Sector and Competitors