B&W Subsidiary to Design and Provide Support for Manufacture of Replacement Steam Generators in South America
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Canada Ltd. (B&W Canada) has been awarded a replacement steam generator (RSG) contract from Industrias Metalúrgicas Pescarmona Sociedad Anónima (IMPSA) in Argentina.
The Babcock & Wilcox Company (B&W) (NYSE:BWC), through its subsidiary Babcock & Wilcox Technical Services Group, Inc. (B&W TSG), announced that the Fluor-B&W Portsmouth, LLC team has been awarded the decontamination and decommissioning contract at the U.S. Department of Energy's (DOE) Portsmouth Gaseous Diffusion Plant in Ohio. The contract has an estimated value of approximately $2.1 billion over a 10-year period, which includes an initial five-year period in addition to a potential five-year extension based on performance and government requirements.
Ameren Energy Resources, B&W and Air Liquide selected to negotiate first full-scale coal-fired power plant with CO2
Ameren Energy Resources Company, LLC (AER) - the holding company for merchant generation for Ameren Corporation (NYSE: AEE); The Babcock & Wilcox Company (B&W) (NYSE:BWC); and Air Liquide Process & Construction, Inc. (Air Liquide), have been selected by the U.S. Department of Energy's (DOE) clean coal power program to negotiate the installation of the world's first full-scale oxy-coal-fired power plant that includes permanent carbon dioxide (CO2) capture and storage (CCS).
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced that the spinoff from McDermott International, Inc. (McDermott) (NYSE: MDR) has been completed and that it begins regular way trading on the New York Stock Exchange today. On Friday, July 30, B&W became an independent, publicly owned company when B&W shares were distributed to McDermott International, Inc. stockholders.