Graham Corporation Launches NextGen Steam Ejector Nozzle At Gulf Coast Refinery, Delivering 5.6% Steam Reduction, 3.1% Capacity Increase, And Annual Savings Of $270K, Along With Cutting 1,970 Tons Of CO2 Emissions
Portfolio Pulse from Benzinga Newsdesk
Graham Corporation has introduced a new steam ejector nozzle at a Gulf Coast refinery, achieving a 5.6% reduction in steam usage, a 3.1% increase in capacity, and annual savings of $270,000. Additionally, the innovation cuts CO2 emissions by 1,970 tons.
October 15, 2024 | 12:21 pm
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POSITIVE IMPACT
Graham Corporation's new steam ejector nozzle offers significant operational improvements and cost savings, enhancing sustainability with reduced CO2 emissions.
The launch of the new steam ejector nozzle by Graham Corporation is likely to positively impact its stock price due to the operational improvements and cost savings it offers. The reduction in steam usage and increase in capacity can lead to higher profitability, while the significant cut in CO2 emissions aligns with growing sustainability trends, potentially attracting more investors.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90