Flowserve Limitorque Announces Order for 307 MX Actuators for the Largest Solar Power Plant in South Africa
(Thomson Reuters ONE) -
DALLAS, December 2, 2013 - Flowserve Corporation (NYSE: FLS), a leading
provider of flow control products and services for the global infrastructure
markets, announced a new order for 307 Limitorque MX10 actuators to support the
Kaxu project that is building the world's largest solar power plant in Pofadder,
Northern Cape, South Africa.
The Kaxu project will deliver the first parabolic trough solar plant in South
Africa. Once operational, the plant will utilize a heat transfer fluid and
molten salt energy storage design that can produce power for up to three hours
after sunset.
The Limitorque MX actuator features a redundant absolute encoder that doesn't
require battery back-up and includes a Built-In Self-Test (B.I.S.T.) design for
self-diagnosis. The Safety Integrity Level 3 capable certified MX is equipped
with LimiGard circuitry, which safeguards the actuator from spurious electro-
magnetic interference. Finally, the MX torque sensing feature can support torque
output up to 2304 Nm (1700 ft- lbs) and is available in a wide variety of
configurations.
"The MX actuator continues the rich Limitorque legacy of innovative and reliable
electric actuation solutions for the most severe and critical applications,"
said Lynn White, general manager, Flowserve Limitorque. "Since most concentrated
solar plants use molten salt that can reach temperatures of 350°C (662°F) as a
result of solar heat, the use of the MX actuator - previously in Concentrated
Solar Power (CSP) applications - ensures it can exceed this 100MW solar plant's
most challenging conditions."
Earlier this year, Flowserve won the contract for all the project's critical
pump services, including the boiler feeds, condensates, main and auxiliary heat
transfer fluids, and molten salt. The contract also includes equipping the pumps
with Flowserve mechanical seals.
Flowserve Contacts
Investor Contacts:
Jay Roueche, vice president, Investor Relations & Treasurer, (972) 443-6560
Mike Mullin, director, Investor Relations, (972) 443-6636
Media Contacts:
Lars Rosene, vice president, Global Communications and Public Affairs, (972)
443-6644
Amy Allen, manager, Global Communications, (972) 443-6501
About Flowserve: Flowserve Corp. is one of the world's leading providers of
fluid motion and control products and services. Operating in more than 50
countries, the company produces engineered and industrial pumps, seals and
valves as well as a range of related flow management services. More information
about Flowserve can be obtained by visiting the company's Web site at
www.flowserve.com.
Safe Harbor Statement: This news release includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934, which are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995, as
amended. Words or phrases such as, "may," "should," "expects," "could,"
"intends," "plans," "anticipates," "estimates," "believes," "forecasts,"
"predicts" or other similar expressions are intended to identify forward-looking
statements, which include, without limitation, earnings forecasts, statements
relating to our business strategy and statements of expectations, beliefs,
future plans and strategies and anticipated developments concerning our
industry, business, operations and financial performance and condition.
The forward-looking statements included in this news release are based on our
current expectations, projections, estimates and assumptions. These statements
are only predictions, not guarantees. Such forward-looking statements are
subject to numerous risks and uncertainties that are difficult to predict.
These risks and uncertainties may cause actual results to differ materially from
what is forecast in such forward-looking statements, and include, without
limitation, the following: a portion of our bookings may not lead to completed
sales, and our ability to convert bookings into revenues at acceptable profit
margins; the potential for unexpected cancellations or delays of customer orders
in our reported backlog; our dependence on our customers' ability to make
required capital investment and maintenance expenditures; risks associated with
cost overruns on fixed-fee projects and in taking customer orders for large
complex custom engineered products; the substantial dependence of our sales on
the success of the oil and gas, chemical, power generation and water management
industries; the adverse impact of volatile raw materials prices on our products
and operating margins; economic, political and other risks associated with our
international operations, including military actions or trade embargoes that
could affect customer markets, particularly Middle Eastern markets and global
oil and gas producers, and non-compliance with U.S. export/re-export control,
foreign corrupt practice laws, economic sanctions and import laws and
regulations; our exposure to fluctuations in foreign currency exchange rates,
including in hyperinflationary countries such as Venezuela; our furnishing of
products and services to nuclear power plant facilities and other critical
processes; potential adverse consequences resulting from litigation to which we
are a party, such as litigation involving asbestos-containing material claims; a
foreign government investigation regarding our participation in the United
Nations Oil-for-Food Program; expectations regarding acquisitions and the
integration of acquired businesses; our relative geographical profitability and
its impact on our utilization of deferred tax assets, including foreign tax
credits; the potential adverse impact of an impairment in the carrying value of
goodwill or other intangible assets; our dependence upon third-party suppliers
whose failure to perform timely could adversely affect our business operations;
the highly competitive nature of the markets in which we operate; environmental
compliance costs and liabilities; potential work stoppages and other labor
matters; our inability to protect our intellectual property in the U.S., as well
as in foreign countries; obligations under our defined benefit pension plans;
and other factors described from time to time in our filings with the Securities
and Exchange Commission.
All forward-looking statements included in this news release are based on
information available to us on the date hereof, and we assume no obligation to
update any forward-looking statement.
# # #
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Flowserve Corporation via GlobeNewswire
[HUG#1747234]
Unternehmensinformation / Kurzprofil:
Datum: 03.12.2013 - 02:37 Uhr
Sprache: Deutsch
News-ID 321952
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contact information:
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Kategorie:
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"Flowserve Limitorque Announces Order for 307 MX Actuators for the Largest Solar Power Plant in South Africa"
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