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TheStreet Open House

Xylem’s Godwin Pumps Restore Critical Operations At Flooded Oil Refinery In Argentina

Stocks in this article: XYL

Xylem (NYSE:XYL), a leading global water technology company focused on addressing the world’s most challenging water issues, recently secured a $1.1 million order for specialized dewatering equipment after successfully removing flood water at an oil refinery outside the city of La Plata in Argentina.

As a result of a severe electrical storm, the state-run Ensenada oil refinery caught fire and the oil refinery’s pump station and surrounding pathways were completely flooded. Yacimientos Petrolíferos Fiscales (YPF), which operates the facility, commissioned Xylem to remove the flood water in order to get the refinery back in operation as soon as possible.

Four of Xylem’s Godwin dewatering pumps removed a total of 208,000 cubic meters of water from the refinery. Following removal of the water, YPF purchased 15 high-power Godwin dewatering pumps in order to be prepared for future flooding emergencies.

“The Ensenada plant is a significant facility with the capacity of refining 188,000 barrels of oil on a daily basis,” said Gustavo Chaab, YPF refinery manager. “It is crucial that a plant of this size have the ability to restore plant operations quickly following an incident. The Godwin pumps that we purchased will ensure that we are fully prepared for such an event in the future.”

With a rental bank of 20,000 products, Xylem offers the world’s leading range of surface-mounted and submersible dewatering pumps.

About Xylem

Xylem (XYL) is a leading global water technology provider, enabling customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. The company does business in more than 150 countries through a number of market-leading product brands, and its people bring broad applications expertise with a strong focus on finding local solutions to the world’s most challenging water and wastewater problems. Xylem is headquartered in Rye Brook, N.Y., with 2013 revenues of $3.8 billion and more than 12,500 employees worldwide. Xylem was named to the Dow Jones Sustainability World Index for the last two years for advancing sustainable business practices and solutions worldwide.

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