ERJ staff report (LMH)
Trelleborg, Sweden – Trelleborg says its Industrial Solutions business has acquired “cutting-edge” cryogenic hose system technology from SBM Offshore, a producer of floating production and mooring systems.
The transaction will enable Trelleborg to accelerate the supply of critical equipment for the growing floating liquefied natural gas (FLNG) market.
The acquisition of SBMs cryogenic hose system technology bolsters our technological offering and strengthens our existing portfolio within offshore offloading. Furthermore, it will complement Trelleborg’s existing LNG hose development program and further accelerate our emerging offloading LNG hose system, which are expected to go to market next year,” said Mikael Fryklund, president of Trelleborg Industrial Solutions.
Trelleborg, which will continue to work with SBM Offshore in regards to the development of the technology, has acquired the full manufacturing line for production and testing, patents, qualification and type approval for cryogenic offshore offloading and loading hose systems.
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News Release from Trelleborg