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B&W SPIG Recognized for Successful Cooling Tower Refurbishment in Egypt

(PARUZZARO, Italy – July 18, 2019) – SPIG, S. p. A. , a subsidiary of Babcock & Wilcox Enterprises, Inc.

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B&W Vølund Turns Over Biomass Energy Project to Customer in Wales

- 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

(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.

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B&W Awarded Patent For Innovative Coal Ash Conveyor

- 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

(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

- 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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Babcock & Wilcox Announces Rights Offering For Common Stock

(BARBERTON, Ohio – June 17, 2019) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the “Company”) (NYSE: BW) announced today that its Board of Directors has approved a record date and subscription period for the rights offering originally announced on April 5, 2019.

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B&W SPIG Awarded Contract for Cooling Tower Upgrade Services for Belgium Manufacturing Plant

(PARUZZARO, Italy – June 6, 2019) – Babcock & Wilcox subsidiary SPIG S. p. A. (SPIG) has been awarded a contract to provide cooling tower upgrade services for BASF Dow HPPO Production BVBA’s propylene oxide manufacturing facility in Antwerp, Belgium.

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B&W Facility Receives ISO 9001:2015 Certification

May 14, 2019

B&W’s Lancaster, Ohio, facility recently received its ISO 9001:2015 certificate. This certificate is an internationally recognized quality management system (QMS) standard for organizations that consistently provide products and services that meet the needs of their customers and regulatory requirements.

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Babcock & Wilcox Enterprises Announces First Quarter 2019 Results

- The Babcock & Wilcox segment increased revenues by 18. 5% and adjusted EBITDA by 115%

- The SPIG segment returned to profitability and increased adjusted EBITDA by $8 million

- Consolidated operating loss was $74. 5 million lower, and adjusted EBITDA improved by $72. 7 million

 

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