DALLAS, April 4, 2013 - Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced it has received a multi-million dollar order from M.N. Larnaca Desalination to provide a complete pump package and energy recovery devices (ERDs) to be used at Larnaca, a 60,000 cubic meters/day (15.9 million gallons/day) seawater reverse osmosis (SWRO) desalination plant located in the Republic of Cyprus. M.N. Larnaca Desalination - a joint venture of Mekorot Development & Enterprise Ltd. of Israel and Netcom Limited of Cyprus - will design and rebuild the existing SWRO desalination plant and then operate the upgraded facility for the next 25 years.
Booked in the first quarter of 2013, the Larnaca project will utilize Flowserve Calder Dual Work Exchange Energy Recovery (DWEERTM) units together with Flowserve DMX pumps in the high pressure feed service. Through its Calder(TM) brand of products and technologies, Flowserve specializes in the design, engineering, and supply of energy recovery equipment and related proprietary technologies for the reverse osmosis process used in desalination plants around the world. The DWEER units are isobaric machines which can recover as much as 97 percent of the hydraulic energy remaining in the brine stream, helping to significantly lower the customer's cost to operate the facility. Flowserve ERDs and pump product line specifically designed for the desalination market enabled the company to work closely with M.N. Larnaca from the outset of the project to identify and configure the most suitable, efficient, and economical equipment for this plant.
'As a leader in the growing desalination industry, we are extremely pleased that M.N. Larnaca Desalination has entrusted Flowserve with this important project,' said Jim Quain, president, Flowserve Engineered Product Operations. 'Flowserve's proven track record for efficiency and reliability of our high-pressure pumps and Calder DWEERs, along with a low overall cost of ownership and an experienced global project management team, were major considerations in being awarded this order.'
For more information on Calder products, please visit www.flowserve.com/Products/Energy-Recovery-Devices.
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 website at www.flowserve.com.
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Source: Flowserve Corporation via Thomson Reuters ONE