Trelleborg AB is a Swedish-based international engineering group focused on polymer technology. With 23,000 employees worldwide and operations in fifty countries, Trelleborg leads the world in engineered polymer solutions that seal damp and protect critical applications in demanding environments.[1] Among the company’s top shareholders are Swedish pension funds, some of them state- and trade union–affiliated or owned, and Allianz Global Investors.[2]
Trelleborg’s engineers, Trelleborg Offshore, manufactured buoys for the Mediterranean Subsea Water Pipeline project, an underwater pipeline built to deliver fresh drinking and irrigation water from Turkey to Northern Cyprus.[3] Instead of allowing the pipeline to rest on the seabed, where water pressure damages it, the buoys keep the pipeline suspended at 250 meters underwater.[4] According to the company, its innovation ensures “that the vital flow of water makes its journey from Turkey to Cyprus uninterrupted.”[5]
[1] Trelleborg, “About Us,” http://www.trelleborg.com/en/about--us.
[2] Trelleborg, “Ownership Structure,” http://www.trelleborg.com/en/investors/the--trelleborg--share/ownership--structure; See also section 3.11. of this report, Allianz SE.
[3] Trelleborg, “Raising the Solution Up a Level to Deliver Water to Cyprus,” http://www.trelleborg.com/en/offshore/resources/case--studies/subsea--buoyancy--2.
[4] Trelleborg, “Raising the Solution Up a Level to Deliver Water to Cyprus,” http://www.trelleborg.com/en/offshore/resources/case--studies/subsea--buoyancy--2.
[5] Trelleborg, “Raising the Solution Up a Level to Deliver Water to Cyprus,” http://www.trelleborg.com/en/offshore/resources/case--studies/subsea--buoyancy--2.
