CHARLOTTE, N.C.--(BUSINESS WIRE)--
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced that its
subsidiary, The Babcock & Wilcox Company, has been awarded a contract to
supply emissions control equipment for a carbon black manufacturing
facility in the United States.
B&W has been commissioned by its customer to perform approximately $3
million in engineering work for the first phase of the more than $15
million project. B&W’s full project scope includes the supply of a wet
flue gas desulfurization (FGD) system, as well as the supply of the
plant’s selective catalytic reduction (SCR) system, including catalyst
and ammonia handling equipment. The equipment will be used to control
sulfur dioxide, nitrogen oxides and particulate emissions.
The project is B&W’s first in the carbon black sector - a non-coal
industrial market with several environmental opportunities in the coming
years.
“B&W’s environmental compliance solutions can help our customers meet
emissions regulations for virtually any industry, including carbon black
manufacturing,” said B&W Global Power Division Sr. Vice President Paul
Scavuzzo. “We appreciate the opportunity to help our customer achieve
their environmental goals.”
The contract also calls for B&W to supply auxiliary equipment for the
project. The environmental upgrade is scheduled for completion and
start-up in early 2018.
About B&W
Headquartered in Charlotte, N.C., Babcock & Wilcox is a global leader
in energy and environmental technologies and services for the power and
industrial markets. B&W companies employ approximately 6,000 people
around the world. Follow us on Twitter @BabcockWilcox
and learn more at www.babcock.com.
Cautionary Statement Regarding Forward Looking Statements
B&W cautions that this release contains forward-looking statements,
including statements relating to the scope, timing and value, to the
extent value may be viewed as an indicator of future revenues, of the
carbon black contract. These forward-looking statements involve a
number of risks and uncertainties, including, among other things, delays
or other difficulties executing the carbon black contract and adverse
modifications to the contract, including termination. If one or
more of these or other risks materialize, actual results may vary
materially from those expressed. For a more complete discussion of these
and other risk factors, please see B&W's filings with the Securities and
Exchange Commission, including the information statement on Form 10 and
subsequent reports on Form 10-Q. B&W cautions not to place undue
reliance on these forward-looking statements, which speak only as of the
date this release, and undertakes no obligation to update or revise any
forward-looking statement, except to the extent required by applicable
law.

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Source: Babcock & Wilcox Enterprises, Inc.