crudeoil24
3 years ago
BW > Solid earnings + Babcock & Wilcox (B&W) (NYSE:BW) announced that its B&W Environmental segment has been awarded a contract for approximately $5 million to supply a SPIG S.p.A. cooling system for a petrochemical facility in the Middle East.
The cooling tower will be used to provide cooling for propane dehydrogenation and polypropylene production equipment while reducing environmental impact by conserving water and reducing liquid discharge.
“We are seeing tremendous opportunity to grow B&W’s business in the Middle East,” said Jimmy Morgan, B&W Chief Operating Officer. “There is substantial demand for environmental technologies, products and services for industrial plants, particularly in the petrochemical sector, and technologies for renewable energy generation such as waste-to-energy. We’re actively looking to continue to expand B&W’s business in this region.”
Some benefits of B&W Environmental’s SPIG cooling tower technology include lower water consumption, reduced plume formation, and decreased noise emissions.
whytestocks
5 years ago
News: $BW B&W Names Bob McKinney Senior Vice President, General Counsel and Corporate Secretary
Babcock & Wilcox Enterprises, Inc. (“B&W” or the “Company”) (NYSE:BW) has appointed Robert (Bob) McKinney as Senior Vice President, General Counsel and Corporate Secretary, effective August 5, 2019. He joined the Company in 2015 and has served as Vice Presi...
Got this from B&W Names Bob McKinney Senior Vice President, General Counsel and Corporate Secretary
420man
5 years ago
So, BW wants current shareholders to pony up $50,000,000 via an rights offering of 166,666,667 @ .30 even after the stock has lost over 80% of its value within the past year?! NO THANKS!
"Gee, I know you've lost a lot of $ investing in my Company, but would you be willing to cough up even more on the chance you can get your $ back"?
Hope B Riley has a lot of $ ready for the back stop!