Babcock & Wilcox Awarded Approximately $15 Million Contract to Supply Environmental Equipment for Middle East Industrial Plant
April 22 2024 - 6:30AM
Business Wire
Babcock & Wilcox (B&W) (NYSE: BW) announced today that
its B&W Environmental segment has been awarded a contract for
approximately $15 million to supply environmental equipment for an
industrial facility in the Middle East.
“We are proud to have earned a reputation as a leading provider
of environmental products, services and technologies for the global
energy industry,” said Jimmy Morgan, B&W Executive Vice
President and Chief Operating Officer. “We continue to see
significant demand for our environmental equipment across a wide
scope of industries including for power generation, small and large
industrial facilities, as well as the oil and gas, petroleum
refining and petrochemical industries.”
“This contract further demonstrates our extensive experience and
expertise in the design, engineering, and manufacturing of
high-performance environmental solutions for the global market,”
Morgan added.
B&W Environmental’s broad suite of emissions control and
environmental technology solutions include cooling systems, ash and
material handling, chemical looping for carbon control, wastewater
treatment, and state-of-the-art equipment for reducing particulate,
mercury, nitrogen oxides, sulfur dioxides, acid gas and other
emissions.
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, including, without limitation, statements relating to
the receipt of a contract for the supply of environmental equipment
for a facility in the Middle East. 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240422734853/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
Babcock and Wilcox Enter... (NYSE:BW)
Historical Stock Chart
From Oct 2024 to Nov 2024
Babcock and Wilcox Enter... (NYSE:BW)
Historical Stock Chart
From Nov 2023 to Nov 2024