08-03-2012
Graham corporation secures $8 million in orders for petrochemical projects
Graham Corporation, a designer and manufacturer of critical equipment for the oil refining, petrochemical and power industries, including the supply of components and raw materials to nuclear energy facilities, today announced that it has secured $8 million in orders that are expected to be delivered in the fourth quarter of Graham’s fiscal year 2013, which ends March 31, 2013.
The steam surface condensers for the China-based project will be used in a plant that produces petroleum products from coal. As the world’s largest producer and consumer of coal, China has embraced CTL technology. The petrochemical project in the Middle East is for an ethylene facility. Petrochemical projects have been advancing with the gradual improvement in the global economy. All five steam surface condensers will be built in Graham’s Batavia facility.
James R. Lines, Graham’s President and Chief Executive Officer, commented, “Our bidding activity has been very active for oil refining, oil sands upgrading, petrochemicals, and power generation, as well as renewable and nuclear energy projects. As we see our pipeline of opportunities expand, it is very encouraging to have these projects, which have been in our pipeline for over a year, finally come to fruition."
“For both project wins, Graham’s products, quality and track record of success were strongly preferred by the end user. We believe that our strong brand continues to enable us to win orders and maintain our leading market share.”
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024
-
Radix partners with Cleopatra Enterprise to enhance project controls and turnaround management
Radix, a global technology solutions company, announced the signing of a partnership agreement with Cleopatra Enterprise, a leading project cost management software company. ...
16-04-2024
-
Rhône Energies in talks to buy Fos-sur-Mer refinery
Rhône Energies, a consortium of Entara LLC and Trafigura Pte Ltd, has entered into exclusive negotiations to acquire the Fos-sur-Mer refinery and the Toulouse and Villette ...
14-04-2024
-
Cenovus Energy to invest in Toledo and Lima refineries
Canada's Cenovus Energy said it will spend more than $1.5 billion on its 160,000 b/d Toledo and 185,000 b/d Lima refineries in Ohio over the next five years and expand ...
11-04-2024
-
Black & Veatch to proceed for FLNG project in Canada
Black & Veatch’s proven PRICO® liquefaction technology solidifies preferred status in the FLNG market. Global liquefied natural gas (LNG) infrastructure solutions ...
11-04-2024