- Selective Catalytic Reduction system for a new power generation plant in the U.S.
- Fuel gas conditioning systems for new power generation plants in Iraq
DALLAS, Dec. 15, 2011, (GLOBE NEWSWIRE) -- PMFG, Inc. (the "Company") (Nasdaq:PMFG) today announced that it has been awarded contracts with a combined value of approximately $10.4 million for Selective Catalytic Reduction ("SCR") and fuel gas conditioning systems for new natural gas fired power plants located in the United States and Iraq.
The first order is for the design and supply of three SCR systems to be installed at a new 1300 megawatt domestic power generation plant that is being built in the United States. SCR systems are utilized to reduce Nitrogen Oxide ("NOx") emissions from the exhaust of the combustion turbine. The equipment is scheduled to be delivered in the first quarter and second quarters of fiscal year 2013, with Catalyst delivery in Q1 fiscal year 2014.
The second and third orders are for the supply of fuel gas conditioning systems to two new power plants in Iraq. The first unit will be installed on Frame 9E gas turbine. The second System is for four 125 MW GE Turbines at the Qudas Power Plant in Baghdad Iraq. This supply is part of the Iraq Ministry of Electricity plans for the construction of several independent power plants (IPP) across the country. Fuel gas conditioning systems remove small amounts of moisture, liquid mist, and particulate contaminants from natural gas prior to combustion in gas turbines. The equipment for both power plants is expected to be delivered in the first quarter of fiscal year 2013.
Peter J. Burlage, PMFG's Chief Executive Officer said, "This project win for our Environmental Systems business is an encouraging development and is supportive of our view that new build activity in the domestic power generation market is beginning to improve. PMFG is well positioned to benefit from the increasingly stringent regulatory requirements for the emission of pollution and the growing utilization of natural gas as the fuel of choice for power generation in the U.S. Our commitment of resources to the Middle East to provide strategic support and enhanced service for local customers has enabled us to expand and grow our Process Products business in this fast-growing market. The rebuilding of the energy infrastructure in Iraq is well underway and we are winning awards directly as well as through EPC companies for projects in Iraq. These project awards represent a significant addition to our backlog and we look forward to their successful completion and timely delivery to our customers."
About PMFG
PMFG is a leading provider of custom engineered systems and products designed to help ensure that the delivery of energy is safe, efficient and clean. PMFG primarily serves the markets for power generation, natural gas infrastructure and petrochemical processing. Headquartered in Dallas, Texas, it markets its systems and products worldwide.
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