Flowserve Valves Selected for Waste-to-Product Chemical Recycling Plant in Austria
Flowserve Corporation (FLS)
Last flowserve corporation earnings: 2/17 04:20 pm
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ir.flowserve.com
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Source: Business Wire
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it was awarded a contract to provide control and ball valves to OMV’s chemical recycling demonstration plant in the city of Schwechat, Austria, located approximately 16 km (10 miles) southeast of Vienna.The OMV demonstration plant will employ their patented ReOil® technology to convert plastic waste into synthetic feedstock, which can then be used to produce base chemicals and plastics for all types of applications, including packaging for food industry and medical products. The facility, which has a design capacity of 16,000 tons per year, is expected to be in operation in 2023. Based on the results of this demonstration plant, OMV will implement a permanent, industrial-scale plant with operations planned for 2026.“We look forward to supporting OMV, and together, enabling the circular economy of plastics,”
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News
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- Steam Trap Market To Reach USD 5.2 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- Flowserve Co. (NYSE: FLS) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
FLS
Earnings
- 2/20/24 - Beat
FLS
Sec Filings
- 4/2/24 - Form ARS
- 4/2/24 - Form DEF
- 4/2/24 - Form DEFA14A
- FLS's page on the SEC website