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Graham Secures $19 Million in Orders for Three International Projects in its Crude Oil Refining Market

By Criterion Research
September 11, 2019 -

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.


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Categories
Oil and Gas
Downstream

Commodities
Crude Oil
Financial
Refined Products

Tags
Capital Projects
Refining

Regions
Asia
South America

Countries
China

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