| Machinery Industry | Industrials Sector | Mr. Kenneth M. Young CEO | NYSE Exchange | - ISIN |
| United States Country | 2,200 Employees | 30 Sep 2024 Last Dividend | - Last Split | 1 Jul 2015 IPO Date |
Babcock & Wilcox Enterprises, Inc., a global entity focused on delivering comprehensive energy and emissions control solutions, serves a broad spectrum of customers ranging from industrial and electric utilities to municipalities across the globe. With a rich history dating back to 1867, the company has established its headquarters in Akron, Ohio, showcasing its longstanding commitment to excellence and innovation in the energy sector. Babcock & Wilcox operates through three primary segments, namely Babcock & Wilcox Renewable, Babcock & Wilcox Environmental, and Babcock & Wilcox Thermal, each dedicated to addressing specific challenges related to energy generation, emissions control, and sustainable environmental practices.
This segment focuses on diverting waste from landfills through power generation, thus replacing fossil fuels and recovering metals while reducing emissions. It introduces innovative technologies like the BrightLoop hydrogen generation system, which produces hydrogen from various fuels, including biomass and coal. Additionally, it offers power and heat generation technologies such as waste-to-energy solutions, the OxyBright oxygen-fired biomass-to-energy technology, and black liquor systems for the pulp and paper industry.
Offering a suite of emissions control and environmental technology solutions, this segment caters to a wide range of applications including utility, waste to energy, biomass, carbon black, and industrial steam generation. It provides systems for cooling, ash handling, particulate control, nitrogen oxides and sulfur dioxides removal, chemical looping for carbon control, and mercury control. Products are available under the SolveBright, OxyBright, BrightLoop, and BrightGen brands, showcasing the company's commitment to reducing environmental impact.
This segment serves the thermal energy needs of medium to heavy industrial customers through a variety of offerings, including aftermarket parts, construction, maintenance, engineered upgrades, and field services. It addresses the needs of its own installed bases as well as those of other OEMs across power generation, oil and gas, petrochemical, food and beverage, metals, mining, and more. Key products include steam generation systems like package boilers, watertube and firetube waste heat boilers, and other customized boiler solutions.