Babcock & Wilcox Enterprises announced that its subsidiary, Babcock & Wilcox Spig was awarded three major contracts totaling more than $ 60 million in the first quarter of 2017 to design and supply dry cooling systems for U.S. customers.
Charlotte/USA — Under the contracts, B&W Spig will supply five low-noise air-cooled condensers, also known as an air fin cooler, to customers in the United States. Dry cooling systems are typically used in process industries such as oil and gas, petrochemical and chemical processing, and in electric power plants and waste-to-energy plants. Work is underway on all three projects, with equipment deliveries scheduled for dates in 2017 and 2018.
According to the manufacturer, both of these types of dry cooling systems feature efficient, state-of-the-art designs that are custom engineered for high performance and reduced site construction costs.
“We are extremely pleased that our customers have chosen B&W Spig for their plant cooling needs,” said Francesco Racheli, senior vice president, B&W Spig. “Our cooling technologies are custom designed and well-suited to utility and industrial applications, and we see numerous new or retrofit opportunities in various sectors for these technologies across the globe.”
B&W acquired Spig, a global provider of custom-engineered cooling systems and services, in July 2016.