Babcock & Wilcox Awarded More Than $18 Million for Emissions Control Technology Rebuilds
26 Junho 2024 - 7:30AM
Business Wire
Babcock & Wilcox (B&W) (NYSE: BW) announced today that
its B&W Environmental business segment has recently been
awarded more than $18 million in contracts to design and supply wet
and dry electrostatic precipitator (ESP) rebuilds for particulate
emissions control in utility and industrial facilities in the
United States and Europe.
“B&W Environmental’s wet and dry ESP technologies have
applications for particulate emissions reduction in a wide variety
of industries, including power, waste-to-energy, petrochemical,
cement mining and metals and glass manufacturing," said Jimmy
Morgan, B&W Executive Vice President and Chief Operating
Officer. “In addition to servicing B&W Environmental-designed
ESPs, we have decades of experience in providing replacement parts
and upgrades for our competitors’ equipment.”
“These recent contracts demonstrate the key role B&W
Environmental’s technologies play in helping customers all around
the world to meet stringent environmental and air quality
regulations,” Morgan added. “We appreciate of the confidence our
customers have shown in our ability to assist them with these
challenges.”
B&W’s dry and wet ESPs are customizable for a broad range of
applications, including the control of particulate emissions from
various solid fuels, organic fumes and sulfuric acid, as well as
flue gas pretreatment for post-combustion carbon dioxide (CO2)
capture systems.
About Babcock & Wilcox
Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises,
Inc. is a leader in energy and environmental products and services
for power and industrial markets worldwide. Follow us on LinkedIn
and learn more at babcock.com.
Forward-Looking Statements
B&W cautions that this release contains forward-looking
statements in connection with contracts to design and supply
electrostatic precipitator rebuilds in the U.S. and Europe. These
forward-looking statements are based on management’s current
expectations and involve a number of risks and uncertainties. For a
more complete discussion of these risk factors, see our filings
with the Securities and Exchange Commission, including our most
recent annual report on Form 10-K. If one or more of these risks or
other risks materialize, actual results may vary materially from
those expressed. We caution readers not to place undue reliance on
these forward-looking statements, which speak only as of the date
of this release, and we undertake no obligation to update or revise
any forward-looking statement, except to the extent required by
applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240626203419/en/
Investor Contact: Investor Relations Babcock & Wilcox
704.625.4944 investors@babcock.com
Media Contact: Ryan Cornell Public Relations Babcock
& Wilcox 330.860.1345 rscornell@babcock.com
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