Babcock & Wilcox Continues Growth in Asia and Europe

AKRON, Ohio–(BUSINESS WIRE)–Babcock & Wilcox announced today that its B&W Renewable, Environmental and Thermal segments are continuing their strategic growth into key regions and have been awarded parts and service contracts totaling more than $24 million from customers in Asia, the Middle East, Europe and other key international markets outside of the United States.

These contracts, which were awarded during B&W’s first quarter, include aftermarket parts and maintenance services for plants in a variety of industries, such as utilities, pulp & paper and manufacturing. Significant orders have come from utility customers in Indonesia and the Middle East, and industrial customers in Latin America and Europe where B&W has been expanding its Sales and Business Development presence and operations since the third quarter of 2020.

“B&W remains intensely focused on growing our business in key international markets, particularly in the Asia-Pacific region, the Middle East and Europe, where we’ve expanded our Sales teams and established regional headquarters over the last six months,” said B&W Chief Operating Officer Jimmy Morgan. “The pipeline of opportunities in these markets is substantial, and we are selectively bidding on and winning higher-margin work.”

“As a company, we remain focused on growing our B&W Environmental and Renewable businesses with new and existing customers,” Morgan said. “We are aggressively pursuing opportunities internationally to leverage our extensive expertise in waste-to-energy, biomass, carbon capture and environmental technologies, and energy storage.”

B&W is a single-source supplier for quality, dependability and reliability when it comes to replacement parts and services for a wide range of industrial, boiler, auxiliary and environmental equipment applications.

About Babcock & Wilcox
Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at www.babcock.com.

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