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MarketScreener Homepage  >  Equities  >  Nyse  >  Emerson Electric Co.    EMR

EMERSON ELECTRIC CO.

(EMR)
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Emerson Electric : New Flow Meter Delivers Accuracy and Stability for Demanding Hydrogen Applications

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09/15/2020 | 08:46am EDT

Micro Motion High-Pressure Coriolis flow meters are specifically designed to meet the challenges of ultra high-pressure environments providing a highly accurate and reliable solution that can withstand the most extreme pressure thresholds.

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With an available gas flow accuracy rating of 0.5% and pressures up to 1,060 bar, the Micro Motion HPC015 is ideal for high-pressure hydrogen dispensing

Emerson has introduced a new Micro Motion Coriolis flow meter designed for high-pressure hydrogen dispensing and chemical injection applications where measurement accuracy and safety are essential. The Micro Motion Coriolis HPC015 flow meter is capable of a flow accuracy margin of 0.5% for gas and 0.1% for liquid mass flow measurement, a significant improvement over existing meters. The meter performs under wide pressure and temperature fluctuations, ensuring security and reliability, while onboard diagnostic tools eliminate the need for pre-inspections or interim maintenance checks, saving time and money.

The demand for hydrogen, an abundant and renewable energy source, is growing due to its use in fuel cells for low-emission vehicles, fertilizers, glass and metal production, as well as the energy sector. Hydrogen is stored at very high pressure usually at around 963 bar, which creates challenges to find equipment to aid in producing, storing and dispensing the gas safely and effectively.

'The HPC015 is an extremely accurate, safe and reliable solution to measure flow at high pressures,' says Tim Drost, senior Coriolis product marketing manager at Emerson. 'It was designed specifically to meet the challenges our customers face in the hydrogen fuel and chemical injection spaces.'

One of the main application uses for the HPC015 is accurately measuring the flow of hydrogen gas is to effectively manage costs in large-scale custody transfer applications, such as public transportation systems, where hydrogen fuels are used to power hybrid bus engines.

A second, significant market for the HPC015 is in other high-pressure applications such as injecting methanol, corrosion inhibitors and other chemicals downhole at high pressure; an application that poses particular challenges. The HPC015 is designed to accurately and reliably dose chemicals at pressures up to 1,060 bar (15,374 psi) to ensure pipeline integrity and avoid events like plugging, which can halt production.

In addition to safety concerns, offshore platforms can't afford to stand idle while waiting for a service call to troubleshoot an instrumentation problem, which in many instances requires an onsite visit by a technician. Space is at a premium on offshore platforms, which makes the small footprint of the HPC015 ideally suited, and when combined with the Smart Meter Verification capability of the HPC015, a facility can run meter diagnostics and meet regulatory standards without needing to remove the meter from the process line.

The HPC015 is offered in three pressure tiers; 482 bar (6,991 psi), 963 bar (13,960 psi), and 1,060 bar (15,374 psi), which offers added flexibility to setting the correct pressure range for each application.

For more information, visit: Emerson.com/MicroMotionHighPressureCoriolis

Media:

Contacts: Emerson Automation Solutions Global Media Contacts

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About Emerson

Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. For more information visit Emerson.com.

(C) 2020 Electronic News Publishing, source ENP Newswire


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Financials (USD)
Sales 2020 16 712 M - -
Net income 2020 1 782 M - -
Net Debt 2020 4 363 M - -
P/E ratio 2020 23,6x
Yield 2020 2,82%
Capitalization 41 359 M 41 359 M -
EV / Sales 2020 2,74x
EV / Sales 2021 2,69x
Nbr of Employees 88 000
Free-Float 62,3%
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 74,64 $
Last Close Price 69,21 $
Spread / Highest target 28,6%
Spread / Average Target 7,84%
Spread / Lowest Target -6,08%
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Managers
NameTitle
David N. Farr Chairman & Chief Executive Officer
Michael H. Train President
Steven J. Pelch Chief Operating Officer & Executive Vice President
Frank J. Dellaquila Chief Financial Officer & Senior Executive VP
Jake Fritz Chief Information Officer & Vice President
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