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B&W Loibl Awarded Contract For Conveyor Systems and Other Equipment For Netherlands Power Plant
December 3, 2018
(BARBERTON, Ohio – December 3, 2018) – Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that its subsidiary, Babcock & Wilcox Loibl GmbH (B&W Loibl), has been awarded a contract for more than $20 million to supply a co-firing conveying system and other equipment to RWE Generation NL’s Amercentrale power plant in Geertruidenberg, Netherlands.
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B&W Addresses NYSE Listing Standards
November 30, 2018
(BARBERTON, Ohio – November 30, 2018) – Babcock & Wilcox Enterprises, Inc. (“B&W”) (NYSE:BW) announced today that on November 27, 2018 it received notification from the New York Stock Exchange ("NYSE") that the Company has fallen below its continued listing criteria based on the price of B&W’s common stock. As of November 29, 2018, the average closing price of B&W’s common stock was $0.96 over a consecutive 30-day trading period.
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Babcock & Wilcox Announces Management Transition
November 19, 2018
• New Management Team is Focused on Enhancing Shareholder Value • Kenny Young Appointed Chief Executive Officer • Lou Salamone Appointed Executive Vice President of Finance • Henry E. Bartoli Appointed Chief Strategy Officer, Remains a Director
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Babcock & Wilcox Announces Third Quarter 2018 Results
November 8, 2018
Continued progress toward completion of Renewable projects, despite increased estimated costs $62 million in cost savings program underway; initial benefits realized in third quarter Strategic divestitures closed, for $190 million in combined gross proceeds
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Clever Technologies for Bottom Ash Management
November 4, 2018
October 04, 2018
B&W’s unique and patented Allen-Sherman-Hoff® Submerged Grind Conveyor (SGC) system is a cost-effective solution to high operation and maintenance costs for existing bottom ash systems. The SGC system uses existing infrastructure to help plants upgrade faster with minimal impact to operations, and will also help support future Coal Combustion Residual (CCR) management rules and Effluent Limitations Guidelines (ELG).
[image src="/assets/News/Submerged-Grind-Conveyor-Babcock-Wilcox.jpeg" id="731" width="555" height="370" class="center ss-htmleditorfield-file image" alt="Subme...
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B&W’s unique and patented Allen-Sherman-Hoff® Submerged Grind Conveyor (SGC) system is a cost-effective solution to high operation and maintenance costs for existing bottom ash systems. The SGC system uses existing infrastructure to help plants upgrade faster with minimal impact to operations, and will also help support future Coal Combustion Residual (CCR) management rules and Effluent Limitations Guidelines (ELG).
[image src="/assets/News/Submerged-Grind-Conveyor-Babcock-Wilcox.jpeg" id="731" width="555" height="370" class="center ss-htmleditorfield-file image" alt="Subme...
Babcock & Wilcox to Webcast Discussion of Its Third Quarter 2018 Results
October 24, 2018
BARBERTON, Ohio--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Thursday, November 8, 2018 at 5:00 p.m. ET.
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B&W Closes Sale of MEGTEC and Universal Businesses
October 8, 2018
(BARBERTON, Ohio – October 8, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that it has closed the sale of its MEGTEC and Universal industrial services business to Dürr AG for $130 million, subject to adjustment.
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How to Turn Waste Sludge Into Revenue [VIDEO]
October 3, 2018
October 03, 2018Find out how B&W uses fluidized-bed boilers to turn waste sludge into revenue in this episode of Ask the Expert.Video Chapters:0:00 - Introduction and Jim's experience0:44 - How do I turn waste into a revenue?1:12 - Which industries do this now?1:40 - What about other industries such as meat processing plants?2:30 - What are some options and benefits of a bubbling fluidized-bed?3:49 - Next stepsTranscription:Matthew Winklestine: Hi I’m Matthew Winklestine on Ask the Expert with Jim Dessellem. Today Jim and I are going to discuss how to turn your waste sludge into a revenue st...
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Babcock & Wilcox Announces Completion of CFIUS Review
October 2, 2018
(BARBERTON, Ohio – October 2, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (“B&W”) announced that the Committee on Foreign Investment in the United States (CFIUS) has completed its review of the company’s previously announced sale of its MEGTEC and Universal businesses to Dürr AG (“Dürr”) and determined that there are no unresolved national security concerns with respect to the sale. All required regulatory reviews for the transaction are now complete, and B&W and Dürr are making final closing preparations. The parties expect to close promptly.
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Babcock & Wilcox to Relocate Headquarters to Ohio, Move to New Offices in Akron
September 24, 2018
(BARBERTON, Ohio – September 24, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W) announced today it has reached an agreement with joint venture developers Industrial Commercial Properties LLC (ICP) and Industrial Realty Group, LLC (IRG) to lease new office space in the renovated East End development in Akron, Ohio, and that its Barberton and Copley operations will relocate to this new space in 2019. The lease agreement is for an initial term of 15 years. Additionally, B&W announced it is relocating its corporate headquarters to Ohio from Charlotte, N.C.
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B&W Closes Sale of Palm Beach Resource Recovery Corporation
September 18, 2018
(CHARLOTTE, N.C. – Sept. 18, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that it has closed its previously announced sale of Palm Beach Resource Recovery Corporation (PBRRC) to a subsidiary of Covanta Holding Corporation for $45 million, subject to adjustment.
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Season is always "Spring" at B&W
September 12, 2018
September 12, 2018Sometimes outages are planned. Options can be evaluated, suppliers can be ranked. Schedules can be flexible.Sometimes they're not, and time and trust are the only things that matter.Last weekend, one of our customers found boiler tube leaks at its coal-fired power plant and took the unit offline. We were called Saturday morning to help restore the unit to full and safe operation.Our engineers and shop teams went to work to identify what was needed, bend the required replacement tubes to spec and ship them out to the site.The shipment was delivered and the tubes installed on S...
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