B&W Awarded Contract to Replace Boiler at Ontario Steel Mill
January 06 2017 - 8:30AM
Business Wire
Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today
that its subsidiary, The Babcock & Wilcox Company (B&W),
has been awarded a contract to supply and install a replacement
boiler for ArcelorMittal Dofasco’s Hamilton, Ontario, steel
manufacturing plant.
B&W will supply a TSSG® boiler capable of providing 450,000
pounds-per-hour of steam for generating 20 megawatts of
electricity. The efficient and cost-effective modularized boiler
will operate on a combination of coke oven and blast furnace
gases.
“The B&W TSSG boiler was designed for an array of industrial
and power applications and is well-suited to produce the
high-pressure steam necessary for our customer’s power needs,” said
Mark Low, senior vice president of B&W’s Power business
segment. “We thank ArcelorMittal for this opportunity.”
B&W’s full scope of supply also includes burners, furnace,
steam drum, economizer, ducting, fans and other components. B&W
is scheduled to deliver the boiler in late 2017 and complete
installation by August 2018.
About B&W
Headquartered in Charlotte, N.C., Babcock & Wilcox is a
global leader in energy and environmental technologies and services
for the power and industrial markets, and has been transforming our
world for 150 years. B&W companies employ approximately 5,700
people worldwide. Follow us on Twitter @BabcockWilcox and learn
more at www.babcock.com.
Forward-Looking Statements
B&W cautions that this release contains forward-looking
statements, including statements relating to the scope and timing
of the ArcelorMittal contract. These forward-looking statements
involve a number of risks and uncertainties, including, among other
things, delays or other difficulties executing the ArcelorMittal
contract and adverse modifications to the contract, including
termination. If one or more of these or other risks materialize,
actual results may vary materially from those expressed. For a more
complete discussion of these and other risk factors, please see
B&W's filings with the Securities and Exchange Commission,
including our most recent annual report on Form 10-K and subsequent
quarterly reports on Form 10-Q. B&W cautions not to place undue
reliance on these forward-looking statements, which speak only as
of the date this release, and undertakes 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: http://www.businesswire.com/news/home/20170106005079/en/
Babcock & WilcoxInvestor Contact:Jude BroussardVice
President, Investor
Relations704-625-4944investors@babcock.comorMedia
Contact:Ryan CornellPublic
Relations330-860-1345rscornell@babcock.com
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