Graham Corporation secured $19 million in orders for three international projects in its crude oil refining market.
The first project is an expansion and modernization project at a Southeast Asia refiner for the production of cleaner transportation fuels. The second project is for new capacity in the China crude oil refining market. The third project is for a Latin America refiner and involves replacing equipment that Graham originally supplied in the mid-1970s. Most of the revenue associated with each of these projects will be recognized in fiscal 2021, with minimal impact in fiscal 2020.