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general electric co (GE) Key Developments

GE Develops New Chemical Crude Stabilizer Solutions for Refineries

GE announced two new products to help refineries process incompatible crude oil blends. Unlike many traditional asphaltene dispersants, GE's new EmBreak 2167 and EmBreak 2168 crude stabilizers are ashless and do not contain any metals that could contribute to catalyst contamination or equipment fouling. These new oil-based crude stabilizers are a part of GE's patent-pending technology that can be used specifically in refinery desalters and other oil and water separation equipment. They are part of GE's family of EmBreak emulsion breakers, which offer a full suite of products that span the entire range of crudes, delivering superior desalter performance and potentially reducing total costs of operation. Traditional asphaltene dispersants can contain metals, such as phosphorous or calcium, which can act as a catalyst to foul downstream equipment. Fouling is the accumulation of unwanted material on solid surfaces that impedes the function of the equipment. GE's new EmBreak 2167 and 2168 crude stabilizers are ashless, do not contain metals and outperform existing phosphorus and calcium-based compounds tested by GE. Being ashless and metal free is a benefit to downstream units and prevents fouling and poisoning. GE's new crude stabilizers help refineries more effectively anticipate and respond to processing issues associated with opportunity crudes and their incompatibility. Incompatible crudes blends may precipitate asphaltenes or other heavy molecular weight aliphatics resulting in uncontrolled emulsions, which can cause poor effluent brine quality as well as deteriorating salt and solids removal efficiency. Some of the processing issues and risks associated with opportunity crudes include: Poor salt removal efficiency--higher corrosion of asset risk. Poor effluent brine quality--regulation risk as well as higher reprocessing costs to separate oil, water and solids. Poor solids removal efficiency--higher fouling risk and potential erosion of downstream equipment. GE's new Embreak 2167 and 2168 coupled with GE's innovative testing capability can help refineries more effectively anticipate and respond to processing issues associated with opportunity crudes.

SSE Renewables Selects GE Turbines for Scottish Wind Farm in the Highlands

GE announced that it will supply SSE Renewables with 33 GE 2.85-100 wind turbines for the Dunmaglass Wind Farm, located near Inverness, Scotland. GE specially designed these wind turbines for the project with a 70-meter tower so they meet the associated planning conditions that require a maximum tip height of 120 meters. The 33 wind turbines on the Dunmaglass Wind Farm will result in an installed capacity of 94 megawatts (MW), which will contribute to Scotland meeting its renewable energy targets.

General Electric Opens Up a New 180,000-Square-Foot Facility

General Electric and its subsidiaries have been making moves in West Chester, bringing online new facilities for its power generation and aviation businesses. General Electric Power Generation Services has opened up a new 180,000-square-foot facility to handle all of its tooling operations in the north region of the U.S. The facility employs 32 and is an upgrade from a previous West Chester facility. GE Aviation has leased a 47,000-square-foot office space in the Centre Pointe Office Park in West Chester.

General Electric Co. Appoints Rachel Duan as President and CEO of GE Greater China

General Electric Co. announced that Rachel Duan, who has led GE Healthcare China since 2010, has been appointed President and CEO of GE Greater China. In her new role, Duan will take overall responsibility for GE's operations in Greater China while continuing as President and CEO of GE Healthcare China. Mark Hutchinson, who has served as President and CEO of GE Greater China over the past three years, will relocate to Paris as the Integration Leader for the proposed acquisition of Alstom SA's (ALSMY, AOMFF, ALS.L) power and grid businesses. Duan has led GE Healthcare China in the last four years.

General Electric Company Launches its New SHHN000A3CL Isolated DC-DC Converters

General Electric Company has launched its new SHHN000A3CL isolated DC-DC converters, providing board designers with a bipolar dual-output module in a compact (1-inch-by-1-inch brick) footprint. The latest addition to GE's extensive Hammerhead series of power modules, the SHHN000A3CL unit features a wide input voltage range of 9-36 volts DC and a bipolar dual output, precisely regulated output voltage at 15 volts DC and -15 volts DC, 9 watts output power and a 0.3-amp output current. The SHHN000A3CL can be used as a traditional DC/DC module, powering applications such as insulated-gate bipolar transistors and other semiconductor device drive circuits, or in hybrid power architectures and industrial markets. The wide input range supported by GE's SHHN000A3CL converter provides designers with increased flexibility when designing based on required input power capabilities. It also allows for sourcing consistency, equipping users with a single product that can fit into multiple sockets. The available configurations of the module -- in through-hole and surface-mount formats -- further add to the flexibility of the new converters. Standard features of the SHHN000A3CL converters include remote on/off, remote sense and output voltage adjustment. In addition, the module is fully self-protected with output over-current and over-voltage, over-temperature and input under-voltage shutdown control. Available optional features include negative or positive on/off logic and surface-mount connections. Key features and benefits of the SHHN000A3CL isolated DC-DC converters: Wide input voltage range (9-36 volts DC). Space-efficient, low-profile footprint (1-inch-by-1-inch brick). Flexible configuration with surface-mount and through-hole versions available. Built-in current, voltage and temperature protection. Wide-operating temperature range (-40 to 85 C). The SHHN000A3CL DC-DC converter is now available in original equipment manufacturer quantities, with pricing beginning at $8.20.

 

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GE

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Valuation GE Industry Range
Price/Earnings 18.7x
Price/Sales 1.8x
Price/Book 2.0x
Price/Cash Flow 21.2x
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