Graham Corporation awarded US$1.8 mln order for CTL facility located in China

31-Jan-08

Graham Corporation has been awarded a US$1.8 mln order for two surface condensers to be installed in a coal-to-liquid (CTL) facility located in China. The condensers will be manufactured in Graham's Batavia, New York facility with final shipment planned for Q4-09, ending March 31, 2009. CTL is an emerging technology used to liquefy coal and upgrade the resulting output into petroleum-based products. As worldwide oil reserves continue to decline, interest in CTL technology is growing as coal is believed to be one of the richest and widely distributed fossil deposits on earth. In this CTL facility, clean CTL technology will be used to convert coal to methanol which will then be further converted into ethylene. Ethylene is used in downstream facilities in the production of various plastic and chemical products, from tires and carpets to detergents and clothing.