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Stock impact report

Steam Trap Market To Reach USD 5.2 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]

Flowserve Corporation (FLS) 
Last flowserve corporation earnings: 2/17 04:20 pm Check Earnings Report
US:NYSE Investor Relations: ir.flowserve.com
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, April 20, 2024 (GLOBE NEWSWIRE) -- The emphasis on energy efficiency is indeed paramount across various sectors, and steam systems present a significant area for improvement. The statistics from the U.S. Department of Energy highlight the substantial energy losses attributed to inefficient steam systems, underlining the critical role of steam traps in mitigating these losses. Steam traps serve as vital components in maintaining the efficiency of steam systems by effectively removing condensate and preventing steam leaks. By doing so, they optimize steam distribution and reduce energy wastage. As reported by the U.S. Department of Energy, the potential energy savings underscore the significant impact that steam trap implementation can have on overall energy consumption and operational costs for industrial facilities. In the current landscape, where there is a growing imperative to curb energy consumption and minimize carbon emissions, adopting steam traps Show less Read more
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