Babcock and Wilcox have reported that their B&W Renewable, Environmental and Thermal segments are proceeding with their strategic growth into key areas and have been granted parts and service contracts that add up to more than $24 million from customers in Asia, the Middle East, Europe and other key global markets outside of the United States.
Babcock & Wilcox is on a road to success
These contracts, which were granted during B&W’s first quarter, incorporate aftermarket parts and support services for plants in an assortment of enterprises, like utilities, pulp and paper and manufacturing. Huge orders have come from utility customers in Indonesia and the Middle East, and modern customers in Latin America and Europe where B&W has been expanding its Sales and Business Development presence and operations since the second from last quarter of 2020.
“We continue to be strongly centered around developing our business in key global markets, especially in the Asia-Pacific district, the Middle East and Europe, where we’ve expanded our Sales groups and set up territorial customers throughout the most recent a half year,” said B&W Chief Operating Officer Jimmy Morgan. “The growth opportunities in these markets are significant, and we are specifically offering on and customers higher-edge work.”
“In the form of a company, we stay zeroed in on becoming our B&W Environmental and Renewable organizations with new and existing customers,” Morgan said. “We are forcefully seeking after promising circumstances globally to use our broad skill in squander to-energy, biomass, carbon catch and environmental advances, and energy stockpiling.” B&W is a solitary source provider for quality, constancy and dependability with regards to new parts and services for a wide scope of mechanical, boiler, auxiliary and environmental equipment applications.