Babcock & Wilcox to Install Efficiency-Improving Technology for Oil Sands Boilers

(AKRON, Ohio – July 27, 2020) – Babcock & Wilcox Enterprises, Inc. (NYSE: BW) announced today that it continues to expand its role in the petrochemical industry with a contract to install new economizers for two B&W TSSGTM natural gas-fired boilers at an oil sands project in Alberta, Canada. The project, which was awarded to a subsidiary, is valued at more than $4 million.

COVID-19: Prioritizing Health, Safety and Business Continuity

The Babcock & Wilcox Company (B&W) is committed to the health and safety of our employees and their families, as well as our customers, vendors and other stakeholders, and the communities where we have operations.

B&W Completes Two-Year Financing Agreement and Credit Extension

  • Extends current revolving credit facility and availability for letters of credit for two years
  • Strengthens capital structure in support of the Company’s long-term operations 

(AKRON, Ohio – May 14, 2020) – Babcock & Wilcox Enterprises, Inc. (NYSE: BW) (“B&W”) announced today that the Company has amended its Credit Agreement, which amendment replaces and supersedes the previously disclosed agreement to refinance the Company’s senior debt by May 15, 2020, among other things. Under the terms of the amended Credit Agreement, the Company's current revolving credit facility and availability for letters of credit will be extended for two years with a maturity date of June 30, 2022.

WHAT'S NEW

Success Story: Combined Heat and Power (CHP) Plant for the University of Alaska at Fairbanks

B&W designed and manufactured an internal recirculation circulating fluidized-bed (CFB) boiler and air quality control equipment for a new combined heat and power (CHP) plant for the University of Alaska Fairbanks (UAF). Several unique challenges based on the location of the university were faced and overcome during this project. Planning was key to its success.

READ THE FULL SUCCESS STORY >

Focused on Your Operations

We’re focused on the optimization of your plant systems. Using our proprietary combustion, performance and environmental models, our FocalPoint optimization system analyzes past and current operating conditions and automatically adjusts for improvement in your boiler or emissions control systems. The potential benefits are many, including becoming an integral part of a heat rate improvement strategy aligned with the U.S. EPA’s Affordable Clean Energy (ACE) Rule and other global emissions directives.

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New Regional Construction Service Center

Babcock & Wilcox Construction Co., LLC is excited to announce the opening of a new regional service center in Mandan, North Dakota, USA. The facility will help us better serve customers in the upper Midwestern United States with improved access for our field experts, along with components and equipment installation. In addition to a 4,000-square-foot warehouse, the facility includes office space and room for outdoor equipment storage. From this facility, BWCC can accelerate its mobilization and response to customer needs for construction service, project management, site supervision and specialized equipment for quick turnaround projects. 

LEARN MORE ABOUT OUR CONSTRUCTION CAPABILITIES >

Bid Evaluation - Lowest Price Doesn't Always Equal the Best Option

As a follow-up to our previous Learning Center article that we posted on bid evaluation, we have added an example to illustrate the concept that a lower priced bid isn’t always the best option. A more detailed evaluation is required to truly understand the total cost (capital and operating) of the offers.

READ THIS ARTICLE >

B&W Expert Featured in Technical Journal

Senior Technical Designer Pat Becker is featured in the latest issue of the Bulletin, the technical journal of the National Board of Boiler and Pressure Vessel Inspectors. Pat was interviewed about the importance of boiler codes and drawings, and discussed the restoration of the Centennial Boiler, which is now on display in the lobby of our headquarters.

READ PAT'S INTERVIEW BEGINNING ON PAGE 20 >

Submerged Grind Conveyor Helps Plant Eliminate Ash Pond

To comply with the U.S. EPA’s CCR rule and other pending legislation, plant operators sought to remove its aging sluicing system and close down its bottom ash pond

READ THE SUCCESS STORY >

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OUR COMPANY

Engineered Solutions 

 

We are Babcock & Wilcox (B&W) -- a company founded in 1867 by two friends with an unwavering commitment to reliable and effective innovation.

When Stephen Wilcox first avowed that “there must be a better way” to safely generate power, he and George Babcock responded with the design for the first inherently safe water-tube boiler, and the company was born.

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