Email news & updates
Get the latest news and trending topics from Babcock & Wilcox
CO2llaborate to Decarbonize | Financial Progress
Let’s CO2llaborate to Decarbonize for a Net Zero and Brighter Future
The world wants action. More than 100 countries have committed to a net-zero carbon goal by the middle of this century. That’s certainly a lofty goal. But since 1867, we have been researching, inventing and improving better, cleaner ways to generate power with a focus on environmental stewardship.
We’re up for the challenge by introducing our ClimateBright™ decarbonization, carbon capture and hydrogen production innovations: four technologies, each with unique advantages and opportunities for our customers.
1st Quarter Results Continue Positive Trend
A strong first quarter delivered year-over-year improvements across revenue, net income, and adjusted EBITDA. “Our results for the first quarter of 2021 reflect the ongoing strength of our turnaround efforts including cost reductions and growth strategies," said Kenneth Young, B&W's Chairman and Chief Executive Officer.
Did you know?
B&W has secured more than 90 patents for carbon capture over the past four decades.