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| New Casing Options Developed to Meet Increasing Demand for Higher-Pressure Pumps |
DALLAS, TX, June 13, 2015 - (ACN Newswire) - Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today at the ACHEMA 2015 World Forum of the Process Industry in Frankfurt, Germany, that it has expanded its line of Durco Mark 3 ISO chemical process pumps with a range of higher-pressure variants.
The release of the higher-pressure pumps comes at a time of increasing demand from major chemical companies and refineries for ISO 2858 and ISO 5199 pumps rated up to 25 bar.
"The introduction of higher-pressure variants to the Durco Mark 3 ISO pump line is in response to an industry move to higher operating temperatures in some chemical processes and an increased focus on process safety," said Bob Hendricks, President, Industrial Pump Operations. "The Flowserve design team has expanded the coverage of its well-established Durco Mark 3 ISO range while retaining the benefits of reliability, ease of maintenance and low total cost of ownership - the hallmarks of this pump line."
The sealed Durco Mark 3 ISO pumps are designed to operate up to a pressure rating of 16 bar. The new high-pressure casings match the hydraulic performance, dimensions and branch location of the standard casing. However, by the use of 3-D modeling and finite element analysis, the pressure rating of the pump is increased up to 25 bar, dependent on material and temperature, with minimal increase in weight. In addition to the casing, all other pressure-containing parts are also rated up to 25 bar. The pumps are available in a wide range of materials, including carbon steel, stainless steel, and reactive alloys such as titanium and zirconium.
Available in more than 30 models as foot- and centerline-mounted casings, these high-pressure pumps are fully compliant with ISO 2858 duty conditions and dimensional requirements. The high-pressure casings and associated components have been designed for use with the sealed Durco Mark 3 ISO power end components to ensure a high degree of interchangeability, thereby minimizing spare parts inventory.
Durco Mark 3 ISO pumps have capacities up to 1,400 m3/hour (6,160 U.S. gpm) and heads to 220 m (720 ft.). Discharge nozzle sizes range from 32 mm (1.25 in.) to 200 mm (8 in.) and operating temperatures from -80 degrees Celsius (-110 degree Fahrenheit) to 400 degrees Celsius (752 degree Fahrenheit). The efficiencies and NPSHR of the higher-pressure variants are the same as the sealed Durco Mark 3 ISO with ISO 2858 compliant hydraulics.
The Durco Mark 3 ISO higher-pressure pump range is CE marked, compliant with all applicable European Directives such as the Machinery Directive and ATEX, and also has GOST certification.
Flowserve will highlight the Mark 3 ISO pump at ACHEMA stand B63. For more information, please visit www.flowserve.com/Achema.
Flowserve Contacts
Investor Contacts:
Jay Roueche, Vice President, Investor Relations & Treasurer, +1-972-443-6560
Mike Mullin, Director, Investor Relations, +1-972-443-6636
Media Contacts:
Lars Rosene, Vice President, Global Communications and Public Affairs, +1-972-443-6644
Amy Allen, Manager, Global Communications and Public Affairs, +1-972-443-6501
About Flowserve
Flowserve Corp. is one of the world's leading providers of fluid motion and control products and services. Operating in more than 55 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; changes in the global financial markets and the availability of capital and 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; increased aging and slower collection of receivables, particularly in Latin America and other emerging markets; 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.
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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Flowserve Corporation via Globenewswire
Topic: Press release summary
Source: Flowserve Corporation
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
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