Graham Corp. wins LNG upgrade order

Graham Corp. has won two new orders totalling approximately US$ 5 million. The first order is for a new Graham ejector system at a US oil refinery, while the second order is to replace existing Graham surface condensers at a Middle East LNG facility.

Both orders are expected to ship within nine to twelve months.

The LNG plant order will upgrade existing Graham surface condensers following 40+ years of service.

Graham's President and Chief Executive Officer, James R. Lines, said: "The past few quarters have been marked with stronger bidding activity in our global refining market, including the Middle East, Asia, South America and North America. This is especially encouraging in North America, given the strength of our brand in the domestic market.

"I believe that the surface condenser order is a clear demonstration of the value of our large installed base. We will replace surface condensers that were sold to the same customer over 40 years ago for an LNG facility. Unfortunately, our equipment is not required typically in today's LNG facilities due to plant sizes and processing configurations. Nevertheless, we continue to seek out opportunities around the world where customers value our engineering expertise and ability to provide high quality, reliable, engineered-to-order solutions."

Adapted from press release by Callum O'Reilly

Read the article online at: https://www.lngindustry.com/liquefaction/14082014/graham-corp-wins-lng-order-1212/