Babcock & Wilcox Awarded Environmental Equipment Contracts for U.S. Industrial Facilities Totaling $11 Million
September 26 2023 - 6:30AM
Business Wire
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW)
announced today that its B&W Environmental business segment has
been awarded environmental equipment contracts totaling more than
$11 million to supply two replacement wet electrostatic
precipitators (ESPs) at two U.S. industrial facilities and rebuild
a wet ESP for a third facility.
B&W’s wet ESPs are customizable for a broad range of utility
and industrial applications, including the control of particulate
emissions, organic fumes and sulfuric acid. B&W wet ESPs also
can provide effective flue gas pretreatment for post-combustion
carbon dioxide (CO2) capture systems to protect the downstream CO2
capture reagent from contamination. Configurations include
shop-fabricated vertical flow tubular designs and field-erected
horizontal flow designs, depending on size, location and customer
preference.
“B&W’s advanced wet ESP technology has provided highly
effective particulate emissions control for our utility and
industrial customers for many decades,” said Alberto Galantini,
Senior Vice President, B&W Environmental. “We are seeing
increased interest in this technology as emissions requirements
tighten worldwide, and for flue gas pre-treatment applications in
CO2 capture processes as customers seek to reduce or eliminate
their carbon emissions to combat climate change.”
“We’re proud of the role B&W’s technologies are playing in
building a clean energy future for the U.S. and the world,”
Galantini said.
In addition to designing and supplying some of the most
versatile and advanced wet ESPs on the market, B&W provides
engineered upgrades, components and services to allow customers’
equipment to continue to run efficiently and effectively.
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
contracts to supply and rebuild environmental equipment for three
U.S. industrial facilities. 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/20230926542471/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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