Strategy

Key strengths

1. Comprehensive product and service offering as well as process expertise throughout the customers’ value chain 
2. Extensive installed base and a strong brand 
3. Strong aftermarket presence and know-how close to customers 
4. Industry-leading, sustainability-focused technology, research and product development expertise  

Growth in key customer segments 

Our key customer segments are aggregates, minerals processing, and certain areas of metals refining. Our target markets offer attractive growth prospects and have significant potential for further growth and development of the aftermarket business. Several recognized global megatrends, like urbanization, infrastructure projects, electrification of societies, and climate change mitigation, will support market growth. 

Our primary target in the selected segments is to develop its product and service business by leveraging its comprehensive process expertise. In order to reduce business risks and to improve profitability, extensive project deliveries will be limited when they include other than the company’s own technology and expertise.

Our purpose is to “Enable sustainable modern life”. Environmental issues are an integral part of our sustainability agenda because climate change is a big challenge for our customer industries. Our customers are demanding more efficient and sustainable solutions to reach their ambitious climate targets and to meet the fast-growing demand for strategic raw materials. As a major equipment supplier, we can create the biggest positive change by working together with our customers for more sustainable processes.

Central to our sustainability efforts is our Planet Positive offering – products that are demonstrably more energy or water efficient than the market standard, help our customers cut their CO2 emissions, or achieve other sustainability priorities such as reducing pollution. Planet Positive Services can improve customers’ processes to achieve similar benefits. Our Planet Positive portfolio already includes over 100 products, and our aim is to keep expanding and improving this offering by continuously innovating.

Safety is a license to operate in the industries we serve. We aim to provide leadership and vision in driving safety culture improvement, and the safety of our products is one of the key drivers in our research and development work.

We have set a target to reach net-zero CO2 emissions in our own operations by 2030. We are also targeting a 20% cut in our logistics emissions by 2025 and that 30% of the supplier spend by the end of 2025 is with partners who have set Science-Based CO2 emissions targets. In addition, 100% of our R&D project spend must have a sustainability target related to energy, emissions, water, circularity or safety.

Read more from our sustainability section.