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Babcock & Wilcox Receives Advanced Wet Gas Scrubbing Technology Award for Refinery in Canada

Babcock & Wilcox Enterprises, Inc. (BW) 
Last babcock & wilcox enterprises, inc. earnings: 3/1 04:42 pm Check Earnings Report
US:NYSE Investor Relations: babcockwinery.com
Company Research Source: Business Wire
AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has received an initial $10 million order as part of an award valued at approximately $40 million to supply low-pressure Wet Gas Scrubbing (WGS) technology for installation at a major petroleum refinery in Canada.B&W is a licensee of ExxonMobil’s WGS technology, which has been successfully deployed in more than 30 refinery applications worldwide. B&W acquired the rights to this advanced sulfur dioxide (SO2) emissions control solution through its 2022 acquisition of the business assets of Hamon Research-Cottrell Inc.“Over the last several years, B&W has collaborated closely with the refinery to develop a customized solution that addresses complex site layout challenges and stringent SO2 emissions requirements,” said Justin Chenevey, B&W Vice President, Environmental and ClimateBright. “With our extensive refinery and petrochemical experience and exclusive access to this advanced WGS technology, Show less Read more
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