{"id":382365,"date":"2020-11-16T17:17:27","date_gmt":"2020-11-16T22:17:27","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=382365"},"modified":"2020-11-16T17:17:27","modified_gmt":"2020-11-16T22:17:27","slug":"babcock-wilcox-thermal-to-supply-components-for-natural-gas-upgrade-at-power-plant-in-north-america","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-thermal-to-supply-components-for-natural-gas-upgrade-at-power-plant-in-north-america\/","title":{"rendered":"Babcock &amp; Wilcox Thermal to Supply Components for Natural Gas Upgrade at Power Plant in North America"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Babcock &amp; Wilcox Thermal to Supply Components for Natural Gas Upgrade at Power Plant in North America<\/b><\/p>\n<p>AKRON, Ohio&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBabcock &amp; Wilcox (B&amp;W) (NYSE: BW) announced today that its B&amp;W Thermal segment will supply equipment to upgrade burners and provide other boiler related equipment for a power plant in North America to allow it to utilize cleaner-burning natural gas as its main fuel. The contract is valued at approximately $3 million.\n<\/p>\n<p>\n\u201cAs utilities look to perform maintenance and upgrades to their existing fleets, B&amp;W has the depth of knowledge and expertise to supply these components and perform a broad range of services that allow customers to produce power more cleanly and efficiently,\u201d said B&amp;W Chief Operating Officer Jimmy Morgan. \u201cWe see continued opportunities in this market as more U.S. plants look to utilize natural gas to generate power.\u201d\n<\/p>\n<p>\nB&amp;W will supply natural gas valve trains and other burner related components for the plant\u2019s boiler. Material delivery is scheduled for early 2021.\n<\/p>\n<p>\nIn addition to steam generation and related auxiliary equipment, B&amp;W\u2019s field engineers can provide expert support for emissions control systems, heat recovery steam generators, and other power plant equipment.\n<\/p>\n<p><b><i>About Babcock &amp; Wilcox<\/i><\/b><\/p>\n<p><i>Headquartered in Akron, Ohio, Babcock &amp; Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets. Follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbabcock-%26-wilcox&amp;esheet=52329072&amp;newsitemid=20201116006049&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=1&amp;md5=2f1c8ddf4037aeb5d12a73bf90bacf46\">LinkedIn<\/a> and learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.babcock.com&amp;esheet=52329072&amp;newsitemid=20201116006049&amp;lan=en-US&amp;anchor=www.babcock.com&amp;index=2&amp;md5=0b32aa264027f928e72d88f85a8150ad\">www.babcock.com<\/a><\/i>.\n<\/p>\n<p><b><i>About B&amp;W Thermal <\/i><\/b><\/p>\n<p><i>Babcock &amp; Wilcox Thermal designs, manufactures and erects steam generation equipment, aftermarket parts, construction, maintenance and field services for plants in the power generation, oil &amp; gas, and industrial sectors. Babcock &amp; Wilcox Thermal has an extensive global base of installed equipment for utilities and general industrial applications including refining, petrochemical, food processing, metals and more.<\/i><\/p>\n<p><b><i>Forward-Looking Statements<\/i><\/b><\/p>\n<p><i>B&amp;W cautions that this release contains forward-looking statements, including, without limitation, statements relating to the execution and completion of a contract to supply components for a natural gas upgrade at a power plant in North America. These forward-looking statements are based on management\u2019s current expectations and involve a number of risks and uncertainties. For a more complete discussion of these risk factors, see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201116006049r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201116006049\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201116006049\/en\/<\/a><\/span><\/p>\n<p><b>Investor Contact:<br \/>\n<\/b><br \/>Megan Wilson<br \/>\n<br \/>Vice President, Corporate Development &amp; Investor Relations<br \/>\n<br \/>Babcock &amp; Wilcox<br \/>\n<br \/>704.625.4944 | <a rel=\"nofollow\" href=\"mailto:investors@babcock.com\">investors@babcock.com<\/a><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Ryan Cornell<br \/>\n<br \/>Public Relations<br \/>\n<br \/>Babcock &amp; Wilcox<br \/>\n<br \/>330.860.1345 | <a rel=\"nofollow\" href=\"mailto:rscornell@babcock.com\">rscornell@babcock.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Ohio United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Manufacturing Other Energy Nuclear Utilities Other Manufacturing Oil\/Gas Coal Alternative Energy Environment Energy Chemicals\/Plastics<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201116006049\/en\/818058\/3\/bw_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Babcock &amp; Wilcox Thermal to Supply Components for Natural Gas Upgrade at Power Plant in North America AKRON, Ohio&#8211;(BUSINESS WIRE)&#8211; Babcock &amp; Wilcox (B&amp;W) (NYSE: BW) announced today that its B&amp;W Thermal segment will supply equipment to upgrade burners and provide other boiler related equipment for a power plant in North America to allow it to utilize cleaner-burning natural gas as its main fuel. The contract is valued at approximately $3 million. \u201cAs utilities look to perform maintenance and upgrades to their existing fleets, B&amp;W has the depth of knowledge and expertise to supply these components and perform a broad range of services that allow customers to produce power more cleanly and efficiently,\u201d said B&amp;W Chief Operating Officer Jimmy Morgan. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-thermal-to-supply-components-for-natural-gas-upgrade-at-power-plant-in-north-america\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Babcock &amp; Wilcox Thermal to Supply Components for Natural Gas Upgrade at Power Plant in North America&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-382365","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Babcock &amp; Wilcox Thermal to Supply Components for Natural Gas Upgrade at Power Plant in North America - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-thermal-to-supply-components-for-natural-gas-upgrade-at-power-plant-in-north-america\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Babcock &amp; Wilcox Thermal to Supply Components for Natural Gas Upgrade at Power Plant in North America - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Babcock &amp; Wilcox Thermal to Supply Components for Natural Gas Upgrade at Power Plant in North America AKRON, Ohio&#8211;(BUSINESS WIRE)&#8211; Babcock &amp; Wilcox (B&amp;W) (NYSE: BW) announced today that its B&amp;W Thermal segment will supply equipment to upgrade burners and provide other boiler related equipment for a power plant in North America to allow it to utilize cleaner-burning natural gas as its main fuel. The contract is valued at approximately $3 million. \u201cAs utilities look to perform maintenance and upgrades to their existing fleets, B&amp;W has the depth of knowledge and expertise to supply these components and perform a broad range of services that allow customers to produce power more cleanly and efficiently,\u201d said B&amp;W Chief Operating Officer Jimmy Morgan. &hellip; Continue reading &quot;Babcock &amp; Wilcox Thermal to Supply Components for Natural Gas Upgrade at Power Plant in North America&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-thermal-to-supply-components-for-natural-gas-upgrade-at-power-plant-in-north-america\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-16T22:17:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201116006049r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-thermal-to-supply-components-for-natural-gas-upgrade-at-power-plant-in-north-america\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-thermal-to-supply-components-for-natural-gas-upgrade-at-power-plant-in-north-america\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Babcock &amp; 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