Graham Corp. was awarded five orders in the last quarter, including four ejector systems and a surface condenser, for refinery revamps and upgrades in Canada and the United States. The orders, which came during the company's fourth quarter that ended March 31, total $12 million.
Two of the orders are for ejector systems to be installed in refineries undergoing upgrades to accommodate the processing of different types of crude oil. One of these ejector systems will replace current Graham equipment in a U.S. oil refinery to enable the processing of synthetic crude. The other ejector system also will replace Graham equipment in a Canadian oil refinery in order to expand the variety of crude oil that the facility can accept and process. The order for a steam surface condenser for installation at a U.S. refinery will replace equipment Graham originally provided nearly 50 years ago.
The other two ejector system orders will be installed at an oil sands upgrader facility located in Alberta, Canada, as part of an ongoing project to increase upgrading capacity in that region.
"North America continues to represent an important market for Graham and, even though new refineries are not being constructed in the United States, we continue to see opportunities in revamps and upgrades of refineries that include several decades of our installed base of equipment as well as in oil sands projects," says James R. Lines, Graham's president and CEO.
Based in Batavia, N.Y., Graham Corp. engineers, manufactures and sells critical equipment for the oil refining, petrochemical and power industries.