Babcock & Wilcox continues to grow in the Middle East and Africa with $18 million environmental upgrade contract for power plant
AKRON, Ohio–(BUSINESS WIRE)–Babcock & Wilcox (B&W) (NYSE: BW) today announced that its B&W Environmental business segment has been awarded an approximately $18 million contract to supply advanced environmental equipment to reduce emissions from a power plant in Africa.
B&W Environmental will design, manufacture and provide manufacturing support to upgrade 24 electrostatic precipitators (ESPs), which will be used to significantly reduce particulate emissions. B&W Environmental will also provide technical assistance during construction and commissioning.
“B&W is significantly expanding its business in the Middle East and Africa region,” said Jimmy Morgan, executive vice president and chief operating officer of B&W. “We work closely with utilities and industrial customers in these areas to upgrade and improve their power generation and environmental equipment to help them produce cleaner, more efficient energy.”
“The transition to clean energy is accelerating around the world, and B&W – with a comprehensive suite of environmental, decarbonization, renewable energy and power generation technologies – is well positioned to lead this transition,” said Morgan said.
B&W Environmental has extensive experience with dry and wet ESP technologies and has installations in a wide range of applications including power generation, waste-to-energy, cement production, chemical manufacturing, petroleum and gas, pulp and paper, steel fabrication and more.
About Babcock & Wilcox
Based in Akron, Ohio, Babcock & Wilcox Enterprises is a global leader in energy and environmental products and services for the power and industrial markets. follow us on LinkedIn and learn more about babcock.com.
About B&W Environment
Babcock & Wilcox Environmental offers a comprehensive suite of industry-leading emissions control products and solutions for utility and industrial steam generation applications worldwide. The segment’s extensive experience includes systems for ash treatment, particulate control, nitrogen oxide and sulfur dioxide removal, chemical loops for carbon control and mercury control, as well as solutions cooling.
B&W cautions that this release contains forward-looking statements, including, but not limited to, statements relating to the award of a contract to upgrade electrostatic precipitators for a power plant in Africa and relating to the growth of its activities in the Middle East and Africa region.. 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 or other risks materialize, actual results may differ 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 statements, except to the extent required by applicable law.