• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SPX FLOW's Award-Winning Dryer Takes Valued Customer POSCO One Step Closer to Its Energy Goal

    3/22/22 1:33:00 PM ET
    $FLOW
    Industrial Machinery/Components
    Capital Goods
    Get the next $FLOW alert in real time by email

    The PCM Combination Dryer cuts energy usage by 83% and use is expanding throughout South Korean steel industries

    CHARLOTTE, N.C., March 22, 2022 /PRNewswire/ -- SPX FLOW, Inc. (NYSE:FLOW), a leading provider of process solutions for the nutrition, health and industrial markets, is proud that the use of its award-winning PCM Combination Dryer, which cuts energy usage by 83 percent, is expanding throughout POSCO Group facilities in Korea, a leader of the steel-making industry.

    SPX FLOW, Inc. Logo (PRNewsfoto/SPX FLOW, Inc.)

    The PCM Combination dryer stands for phase change material. The patented technology uses phase change material up to 52.1 m3/min capacity per single unit with unlimited capacity by modular design. It produces super-dried air (up to -100 °C dew point @ ATM) while using very little energy.

    Other dryers typically produce air with a dew point around -40°C, which is sufficient for many manufacturers. However, POSCO approached SPX FLOW's team of solution makers for something to help with the more than 200 dryers across their facilities and to reach their goal of being carbon-neutral by 2050.

    "The SPX FLOW team in Korea is very pleased with how far we've come together with POSCO," said Kyung-gyu Lee, SPX FLOW's key account manager. "Our relationship has grown tremendously — starting as primarily an air dryer supplier to one as the sole energy-saving project partner. We're working hard together to help them achieve their goals."

    The innovative technology uses a refrigerated dryer to first remove 75% of the water vapor, then its combined desiccant dryer finishes off the remaining 25%. So instead of two dryers working harder independently, it leverages both collectively — resulting in less energy waste and dryer air.

    The PCM Combination Dryer won the prestigious Jang Yeong-sil Award in 2018, a recognition from the South Korean government in honor of its namesake. Jang Yeong-sil was a Korean engineer, scientist and inventor during the Joseon dynasty (1392–1897).

    "The initial purpose of installing PCM Combination dryers was energy savings, but the dew point, which indicates the quality of the compressed air, has also been greatly improved," said Gilup Cha, senior POSCO Certified Professional. "Our plant manager appreciates this new dryer. It helps extend the lifespan of the factory equipment. In addition to energy savings, management has become simpler since downstream air dryers are no longer needed."

    To learn more about SPX FLOW's PCM Combination Dryer and the step-by-step process, please see our brochure and visit our website.

    About SPX FLOW, Inc.

    Based in Charlotte, N.C., SPX FLOW, Inc. (NYSE:FLOW) improves the world through innovative and sustainable solutions. The company's product offering is concentrated in process technologies that perform mixing, blending, fluid handling, separation, thermal heat transfer and other activities that are integral to processes performed across a wide variety of nutrition, health and industrial markets. SPX FLOW had approximately $1.5 billion in 2021 annual revenues and has operations in more than 30 countries and sales in more than 140 countries. To learn more about SPX FLOW, please visit www.spxflow.com.

    Media Contact:

    Melissa Buscher, Chief Communications and Marketing Officer

    [email protected]

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/spx-flows-award-winning-dryer-takes-valued-customer-posco-one-step-closer-to-its-energy-goal-301508152.html

    SOURCE SPX FLOW, Inc.

    Get the next $FLOW alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $FLOW

    DatePrice TargetRatingAnalyst
    2/7/2022$4.50Buy
    EF Hutton
    1/4/2022$75.00 → $86.00Equal-Weight
    Barclays
    11/11/2021$77.00 → $79.00Sector Perform
    RBC Capital
    9/27/2021$75.00Underperform
    BofA Securities
    More analyst ratings

    $FLOW
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • EF Hutton initiated coverage on Flow Beverage with a new price target

      EF Hutton initiated coverage of Flow Beverage with a rating of Buy and set a new price target of $4.50

      2/7/22 7:01:56 AM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods
    • Barclays reiterated coverage on SPX FLOW with a new price target

      Barclays reiterated coverage of SPX FLOW with a rating of Equal-Weight and set a new price target of $86.00 from $75.00 previously

      1/4/22 8:09:11 AM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods
    • RBC Capital reiterated coverage on SPX FLOW with a new price target

      RBC Capital reiterated coverage of SPX FLOW with a rating of Sector Perform and set a new price target of $79.00 from $77.00 previously

      11/11/21 8:39:04 AM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods

    $FLOW
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by SPX FLOW Inc. (Amendment)

      SC 13G/A - SPX FLOW, Inc. (0001641991) (Subject)

      5/2/22 11:33:07 AM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods
    • SEC Form SC 13G/A filed by SPX FLOW Inc. (Amendment)

      SC 13G/A - SPX FLOW, Inc. (0001641991) (Subject)

      3/11/22 2:13:53 PM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods
    • SEC Form SC 13G/A filed by SPX FLOW Inc. (Amendment)

      SC 13G/A - SPX FLOW, Inc. (0001641991) (Subject)

      2/10/22 8:37:50 AM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods

    $FLOW
    SEC Filings

    See more
    • SEC Form 15-12B filed by SPX FLOW Inc.

      15-12B - SPX FLOW, Inc. (0001641991) (Filer)

      4/15/22 6:37:44 AM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods
    • SEC Form S-8 POS filed by SPX FLOW Inc.

      S-8 POS - SPX FLOW, Inc. (0001641991) (Filer)

      4/5/22 4:32:21 PM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods
    • SEC Form S-8 POS filed by SPX FLOW Inc.

      S-8 POS - SPX FLOW, Inc. (0001641991) (Filer)

      4/5/22 4:29:50 PM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods

    $FLOW
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4: Hull Robert F Jr returned 32,643 shares to the company, closing all direct ownership in the company

      4 - SPX FLOW, Inc. (0001641991) (Issuer)

      4/5/22 7:49:31 PM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods
    • SEC Form 4: Altman Anne K. gifted 3,792 shares and returned 18,230 shares to the company, closing all direct ownership in the company

      4 - SPX FLOW, Inc. (0001641991) (Issuer)

      4/5/22 4:43:38 PM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods
    • SEC Form 4: Abulaban Majdi returned 12,764 shares to the company, closing all direct ownership in the company

      4 - SPX FLOW, Inc. (0001641991) (Issuer)

      4/5/22 4:41:35 PM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods

    $FLOW
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • TETRA PAK ANNOUNCES FLOW WATER AND LIVE NATION CANADA CUSTOM PRINTING COLLABORATION

      Flow Beverage Corp. and Live Nation Canada new carton designs showcase Tetra Pak® Custom Printing's unique advertising opportunities  DENTON, Texas, Sept. 12 2023 /PRNewswire/ -- Tetra Pak, a pioneer and world-leading food processing and packaging solutions company, is pleased to announce the first Custom Printing collaboration. The launch follows the successful validation of the Tetra Pak® Custom Printing solution, encompassing over 100 million packages, and is set to unleash new business and marketing opportunities with increased flexibility and customization, all within the package in the consumer's hand. Flow Beverage Corp. (TSX:FLOW, OTCQX:FLWBF) ("Flow" or the "Company"), distributing

      9/12/23 4:33:00 PM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods
    • Two Executives from BlueLinx Holdings Inc. (NYSE: BXC) Featured as the Most Influential Black Executives in Corporate America

      Savoy Magazine 2022 List of Trailblazing Executives includes President & CEO Dwight Gibson and CPO Kevin Henry (L-R) BlueLinx President and CEO, Dwight Gibson, and Chief People Officer, Kevin Henry MARIETTA, Ga., July 19, 2022 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC) ("BlueLinx") is proud to announce that its President and Chief Executive Officer, Dwight Gibson, as well as Chief People Officer Kevin Henry are included in Savoy Magazine's prestigious 2022 Most Influential Black Executives in Corporate America issue. Savoy Magazine is the leading African American business and lifestyle magazine. Its esteemed annual Most Influential Black Executives in Corporate America publ

      7/19/22 8:30:41 AM ET
      $BXC
      $FLOW
      $SAIA
      $TILE
      Wholesale Distributors
      Consumer Discretionary
      Industrial Machinery/Components
      Capital Goods
    • SPX FLOW's Suite of Mixer Brands Expands Capability, Products and Locations

      The new mixing portfolio better serves new and existing customers across an array of industries CHARLOTTE, N.C., April 13, 2022 /PRNewswire/ -- SPX FLOW, Inc., a leading provider of process solutions for the Industrial, and Nutrition & Health markets, has fully integrated the additions to its mixing solutions portfolio, creating a bigger, more technologically advanced offering for customers. By combining these legacy companies and brands — Lightnin, Plenty, Stelzer, Uutechnic, and Philadelphia Mixing Solutions — both new and existing customers now have access to the best solution across all brands.

      4/13/22 11:30:00 AM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods

    $FLOW
    Financials

    Live finance-specific insights

    See more
    • SPX FLOW Reports Strong Third Quarter Operating Results

      CHARLOTTE, N.C., Nov. 10, 2021 /PRNewswire/ -- SPX FLOW, Inc. (NYSE:FLOW), a leading provider of process solutions for the nutrition, health and precision solutions markets, today reported results for the quarter ended October 2, 2021. "SPX FLOW's strong performance in the first nine months of the year is a direct result of our strategic plan and the inspired work of our solution makers," said Marc Michael, SPX FLOW President and CEO. "Throughout the year, the team has overcome the unique challenges of the current environment and helped deliver better-than-expected operating results. Demand for our essential products remains strong and our value-based pricing strategy, combined with our supp

      11/10/21 6:30:00 AM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods
    • SPX FLOW to Report Third Quarter 2021 Results on November 10, 2021

      CHARLOTTE, N.C., Oct. 27, 2021 /PRNewswire/ -- SPX FLOW, Inc. (NYSE:FLOW), a leading provider of process solutions for the nutrition, health and industrial markets, announced today its plan to report third quarter 2021 financial results on November 10, 2021. During a conference call at 8 a.m. EST, SPX FLOW President and Chief Executive Officer Marc Michael and Vice President and Chief Financial Officer Jaime Easley will discuss the company's third quarter 2021 results. Those interested in participating in the conference call should dial in five minutes prior to the start of the call. The call will be webcast simultaneously via the company's website at www.spxflow.com, and the slide presentat

      10/27/21 6:00:00 AM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods
    • SPX FLOW, Inc. Announces Declaration of Quarterly Dividend

      CHARLOTTE, N.C., Sept. 17, 2021 /PRNewswire/ -- SPX FLOW, Inc. (NYSE:FLOW), a leading provider of process solutions for the nutrition, health and industrial markets, announced today that its Board of Directors has declared a quarterly dividend on the Company's common stock of $0.09 per share, payable on October 13, 2021 to stockholders of record as of the close of business on September 30, 2021. About SPX FLOW, Inc.: Based in Charlotte, N.C., SPX FLOW, Inc. (NYSE:FLOW) improves the world through innovative and sustainable solutions. The company's product offering is concentra

      9/17/21 6:30:00 AM ET
      $FLOW
      Industrial Machinery/Components
      Capital Goods