Graham (GHM) Recieves Orders Totaling $7.5 Million
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Graham Corporation (NYSE: GHM) announced that it has been awarded five orders totaling $7.5 million. The orders are expected to ship over the next nine to 15 months.
The diverse group of orders includes Graham’s traditional oil refining market, as well as its growing presence in renewable energy applications. In the U.S., Graham will be providing an ejector system for the revamp of an oil refinery to improve conversion of crude oil to transportation fuels. In addition, Graham is designing and manufacturing ejector and liquid ring pump systems for a U.S. refinery that recycles used oil in a re-refining process to produce lubricating oils.
A steam surface condenser will be supplied by Graham for a previously idled oil sands refinery upgrader project in Alberta, Canada that has been reinitiated. An oil refinery project in Southeast Asia will also receive a Graham steam surface condenser. In Latin America, two steam surface condensers will be provided to two biomass-to-energy projects for sugar mills.
The diverse group of orders includes Graham’s traditional oil refining market, as well as its growing presence in renewable energy applications. In the U.S., Graham will be providing an ejector system for the revamp of an oil refinery to improve conversion of crude oil to transportation fuels. In addition, Graham is designing and manufacturing ejector and liquid ring pump systems for a U.S. refinery that recycles used oil in a re-refining process to produce lubricating oils.
A steam surface condenser will be supplied by Graham for a previously idled oil sands refinery upgrader project in Alberta, Canada that has been reinitiated. An oil refinery project in Southeast Asia will also receive a Graham steam surface condenser. In Latin America, two steam surface condensers will be provided to two biomass-to-energy projects for sugar mills.
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