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Babcock & Wilcox Enterprises Reports Third Quarter 2021 Results

Babcock & Wilcox Enterprises, Inc.announced results for the third quarter of 2021.

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B&W Environmental Continues Business Growth in Middle East with Contract to Supply Cooling System for Petrochemical Facility

Babcock & Wilcox announced today that its B&W Environmental segment has been awarded a contract for approximately $5 million to supply a SPIG S.p.A. cooling system for a petrochemical facility in the Middle East.

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Babcock & Wilcox Signs Exclusive Global Licensing Agreement with Ohio State Innovation Foundation for Innovative Chemical Looping Technology for Decarbonization and Hydrogen Production, Further Enhancing B&W’s BrightLoop™ Offering

Babcock & Wilcox announced today that it has signed an agreement with the Ohio State Innovation Foundation for an exclusive, worldwide commercial license for a chemical looping process and particle used for decarbonization and the production of hydrogen, steam and/or syngas, which complements B&W’s existing technology portfolio.

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Babcock & Wilcox Sets Third Quarter 2021 Conference Call and Webcast for Wednesday, November 10, 2021 at 5 p.m. ET

Babcock & Wilcox Enterprises, Inc. expects to host a conference call and webcast on Wednesday, November 10, 2021 at 5 p.m. ET.

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Babcock & Wilcox Environmental Awarded Contract for Approximately $30 Million to Supply Emissions Control Technologies for U.S. Industrial Facility

Babcock & Wilcox announced today that its B&W Environmental segment has been awarded a contract for approximately $30 million to design and supply a full suite of environmental technologies for a U.S. industrial facility.

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Babcock & Wilcox Announces Conclusion of Previously-Disclosed SEC Investigation

On October 20, 2021, Babcock & Wilcox Enterprises, Inc. received a letter from the staff of the Division of Enforcement of the Atlanta Regional office of the U.S. Securities and Exchange Commission confirming that the staff has concluded its investigation of the Company that the Company has previously disclosed in its SEC filings and that it does not intend to recommend to the Commission that an enforcement action be brought against the Company.

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B&W Renewable Signs Agreement to Jointly Develop Innovative Biomass-to-Hydrogen Clean Energy Project in Australia Using BrightLoop™ Technology

Babcock & Wilcox announced today that its B&W Renewable segment has entered into an agreement with Port Anthony Renewables Limited to jointly develop a biomass-to-hydrogen clean energy project in Port Anthony, Victoria, Australia utilizing B&W’s BrightLoop™ technology. When completed, the plant is expected to be part of the largest green hydrogen hub in southeastern Australia.

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Babcock & Wilcox Asia-Pacific Business Growth Continues with $7 Million Southeast Asia Thermal Equipment and Service Order

Babcock & Wilcox announced today that its B&W Thermal segment has received an order for approximately $7 million to provide equipment and services for a utility customer in Southeast Asia.

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Diamond Power Finland Oy to Supply Sootblowers for Bioproduct Mill

Babcock & Wilcox subsidiary Diamond Power Finland Oy has been selected to supply sootblowers to Metsä Fibre’s new bioproduct mill in Kemi, Finland. The mill’s recovery boiler will be equipped with a fully retractable sootblower, and a rake-sootblower will be supplied for the mill’s flue gas cooling system.

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B&W Environmental Awarded $10 Million Contract to Install Technologies to Help Customer Meet Environmental Compliance Requirements

Babcock & Wilcox announced today that its B&W Environmental segment has been awarded a contract for approximately $10 million to install ash-handling equipment that will support its customer’s environmental compliance requirements. The installation work will be performed by Babcock & Wilcox Construction Co., LLC.

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