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[VIDEO] An Overview of the IK-555 Long Travel Retractable Sootblower

August 27, 2019

August 27, 2019
In this short video at our Lancaster, Ohio facility, Brad highlights some of the strengths of our IK-555 sootblower.
Steam generating plants are cleaned online by regularly removing ash deposits that accumulate on heat transfer services. This maintains maximum thermal efficiency and maintains flue gas temperatures, which in turn supports optimum operation of emissions control equipment. Online cleaning also prevents the blockage and plugging of gas passages. In developing the most efficient and cost-effective way to clean large boilers that burn a variety of fuels in any operat...
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Babcock & Wilcox Enterprises Announces Second Quarter 2019 Results

August 8, 2019

- Babcock & Wilcox segment nearly doubled adjusted EBITDA to $19.0 million
- All business segments showed improved results
- Consolidated operating loss improved by $133.1 million to a loss of $4.3 million; generated consolidated adjusted EBITDA of $8.0 million
- Equitization transactions substantially de-levered Company
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B&W Names Bob McKinney Senior Vice President, General Counsel and Corporate Secretary

August 7, 2019

(BARBERTON, Ohio – August 7, 2019) – 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 President, Assistant General Counsel and Assistant Corporate Secretary. Before joining B&W, Mr. McKinney served as Vice President, Human Resources, Deputy General Counsel and Assistant Secretary at EnPro Industries, Inc., and as General Counsel for Tredegar Corporation. Prior to that, he served in ...
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Babcock & Wilcox to Webcast Discussion of Its Second Quarter 2019 Results

August 1, 2019

(BARBERTON, Ohio – August 1, 2019) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Thursday, August 8, 2019 at 5 p.m. ET.
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Babcock & Wilcox to Provide Package Boilers for City of Akron

July 31, 2019

(BARBERTON, Ohio – July 31, 2019) – The Babcock & Wilcox Company (B&W), a subsidiary of Babcock & Wilcox Enterprises, Inc. (NYSE: BW), announced today it has been awarded a contract for approximately $3 million to design and supply three package boilers for Akron Energy Systems, the district energy provider for the City of Akron, Ohio.
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Babcock & Wilcox Announces Completion of Equitization Transactions and Reverse Stock Split

July 24, 2019

(BARBERTON, Ohio – July 24, 2019) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the “Company”) (NYSE: BW) announced today the completion of its previously announced equitization transactions approved by stockholders at the Company’s annual meeting, as well as the completion of the previously announced one-for-ten reverse stock split.
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B&W SPIG Recognized for Successful Cooling Tower Refurbishment in Egypt

July 18, 2019

(PARUZZARO, Italy – July 18, 2019) – SPIG, S.p.A., a subsidiary of Babcock & Wilcox Enterprises, Inc., has successfully completed a cooling tower refurbishment project for a methanol production facility in Damietta, Egypt, earning a letter of commendation from its customer, the Egyptian Methanex Methanol Company S.A.E.
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B&W Vølund Turns Over Biomass Energy Project to Customer in Wales

July 15, 2019

- Project is fifth European engineer-procure-construct (EPC) loss project company has completed and turned over to customers in recent months
- Vølund to provide operations and maintenance services under 15-year contract
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Babcock & Wilcox Announces One-for-Ten Reverse Stock Split

July 11, 2019

(BARBERTON, Ohio – July 11, 2019) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the “Company”) (NYSE: BW) announced today that its board of directors approved a one-for-ten reverse stock split of the outstanding and treasury shares of the Company’s common stock. The reverse stock split was previously approved by a majority of the Company’s stockholders at the Company’s annual meeting of stockholders held on June 14, 2019.
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B&W Awarded Patent For Innovative Coal Ash Conveyor

July 8, 2019

- B&W’s Submerged Grind Conveyor enables realization of operation efficiencies and maintenance costs improvements not available with traditional high-pressure sluice systems - Design also helps customers meet proposed Coal Combustion Residual rules and Effluent Limitations Guidelines
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B&W SPIG Successfully Completes Cooling Tower Upgrade for Belgium Petrochemical Plant

July 2, 2019

(PARUZZARO, Italy – July 2, 2019) Babcock & Wilcox subsidiary SPIG S.p.A. (SPIG) has successfully completed a cooling tower upgrade project at an Antwerp, Belgium, production facility owned by its customer, Total Olefins Antwerp NV (TOA).
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B&W Announces Sale of Loibl Material Handling Subsidiary

June 25, 2019

- Sale of non-core asset part of B&W’s strategy to strengthen focus on core businesses
- Proceeds to be used to reduce debt and provide working capital
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