{"id":741092,"date":"2023-03-20T06:33:02","date_gmt":"2023-03-20T10:33:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-awarded-9-million-contract-to-supply-cooling-systems-for-middle-east-green-hydrogen-project\/"},"modified":"2023-03-20T06:33:02","modified_gmt":"2023-03-20T10:33:02","slug":"babcock-wilcox-awarded-9-million-contract-to-supply-cooling-systems-for-middle-east-green-hydrogen-project","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-awarded-9-million-contract-to-supply-cooling-systems-for-middle-east-green-hydrogen-project\/","title":{"rendered":"Babcock & Wilcox Awarded $9 Million Contract to Supply Cooling Systems for Middle East Green Hydrogen Project"},"content":{"rendered":"

<\/p>\n

Babcock & Wilcox Awarded $9 Million Contract to Supply Cooling Systems for Middle East Green Hydrogen Project<\/b><\/p>\n

AKRON, Ohio–(BUSINESS WIRE<\/a>)–
\nBabcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental business segment has been awarded a contract for more than $9 million to design and supply two cooling systems for a clean hydrogen production facility in the Middle East.\n<\/p>\n

\nB&W Environmental will supply two SPIG\u00ae<\/sup> fiberglass-reinforced polymer (FRP) cooling towers to provide efficient, low-emissions cooling for a plant that will use renewable energy sources to produce hydrogen.\n<\/p>\n

\n\u201cWe\u2019re excited to play an important role in this groundbreaking clean energy project,\u201d said Executive Vice President and Chief Operating Officer Jimmy Morgan. \u201cB&W Environmental\u2019s SPIG cooling systems can be custom-designed for renewable energy facilities, including clean hydrogen production, and can help these plants operate at peak performance while protecting the environment from harmful emissions.\u201d\n<\/p>\n

\n\u201cRenewable energy and hydrogen are key to the future of clean energy in the Middle East and Africa region, and as more energy producers look to produce low- and zero-emissions energy, we\u2019re ready to help them achieve their goals with a broad selection of advanced technologies and services,\u201d Morgan said.\n<\/p>\n

\nB&W Environmental\u2019s FRP cooling towers can operate under harsh conditions while providing high strength, weather resistance, long-term performance and durability, and exceptional noise and vibration absorption.\n<\/p>\n

About Babcock & Wilcox<\/i><\/b><\/p>\n

Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on <\/i>LinkedIn<\/a><\/i> and learn more at babcock.com<\/a>.<\/i><\/p>\n

Forward-Looking Statements<\/i><\/b><\/p>\n

B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to a contract to design and supply cooling systems for a clean hydrogen production facility in the Middle East<\/i>. 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>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230320005207\/en\/<\/a><\/span><\/p>\n

Investor Contact:
\n<\/b>
Investor Relations
\n
Babcock & Wilcox
\n
704.625.4944
\n
investors@babcock.com<\/a><\/p>\n

Media Contact:
\n<\/b>
Ryan Cornell
\n
Public Relations
\n
Babcock & Wilcox
\n
330.860.1345
\n
rscornell@babcock.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Middle East Ohio<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Energy Utilities Oil\/Gas Environment Coal Alternative Energy Energy Nuclear<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Babcock & Wilcox Awarded $9 Million Contract to Supply Cooling Systems for Middle East Green Hydrogen Project AKRON, Ohio–(BUSINESS WIRE)– Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental business segment has been awarded a contract for more than $9 million to design and supply two cooling systems for a clean hydrogen production facility in the Middle East. B&W Environmental will supply two SPIG\u00ae fiberglass-reinforced polymer (FRP) cooling towers to provide efficient, low-emissions cooling for a plant that will use renewable energy sources to produce hydrogen. \u201cWe\u2019re excited to play an important role in this groundbreaking clean energy project,\u201d said Executive Vice President and Chief Operating Officer Jimmy Morgan. \u201cB&W Environmental\u2019s SPIG cooling systems can be custom-designed … <\/p>\n

Continue reading “Babcock & Wilcox Awarded $9 Million Contract to Supply Cooling Systems for Middle East Green Hydrogen Project”<\/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-741092","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBabcock & Wilcox Awarded $9 Million Contract to Supply Cooling Systems for Middle East Green Hydrogen Project - 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-awarded-9-million-contract-to-supply-cooling-systems-for-middle-east-green-hydrogen-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Babcock & Wilcox Awarded $9 Million Contract to Supply Cooling Systems for Middle East Green Hydrogen Project - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Babcock & Wilcox Awarded $9 Million Contract to Supply Cooling Systems for Middle East Green Hydrogen Project AKRON, Ohio–(BUSINESS WIRE)– Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental business segment has been awarded a contract for more than $9 million to design and supply two cooling systems for a clean hydrogen production facility in the Middle East. B&W Environmental will supply two SPIG\u00ae fiberglass-reinforced polymer (FRP) cooling towers to provide efficient, low-emissions cooling for a plant that will use renewable energy sources to produce hydrogen. \u201cWe\u2019re excited to play an important role in this groundbreaking clean energy project,\u201d said Executive Vice President and Chief Operating Officer Jimmy Morgan. \u201cB&W Environmental\u2019s SPIG cooling systems can be custom-designed … Continue reading "Babcock & Wilcox Awarded $9 Million Contract to Supply Cooling Systems for Middle East Green Hydrogen Project"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-awarded-9-million-contract-to-supply-cooling-systems-for-middle-east-green-hydrogen-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-20T10:33:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230320005207r1&sid=flmnd&distro=nx&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=\"2 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-awarded-9-million-contract-to-supply-cooling-systems-for-middle-east-green-hydrogen-project\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-awarded-9-million-contract-to-supply-cooling-systems-for-middle-east-green-hydrogen-project\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Babcock & Wilcox Awarded $9 Million Contract to Supply Cooling Systems for Middle East Green Hydrogen Project\",\"datePublished\":\"2023-03-20T10:33:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-awarded-9-million-contract-to-supply-cooling-systems-for-middle-east-green-hydrogen-project\\\/\"},\"wordCount\":488,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-awarded-9-million-contract-to-supply-cooling-systems-for-middle-east-green-hydrogen-project\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230320005207r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-awarded-9-million-contract-to-supply-cooling-systems-for-middle-east-green-hydrogen-project\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-awarded-9-million-contract-to-supply-cooling-systems-for-middle-east-green-hydrogen-project\\\/\",\"name\":\"Babcock & Wilcox Awarded $9 Million Contract to Supply Cooling Systems for Middle East Green Hydrogen Project - 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