B&W Joint Venture Awarded $180 Million Contract to Supply Downshot Boilers in Vietnam.BARBERTON, Ohio Barberton is a city in Summit County, Ohio, United States. The population was 27,899 at the 2000 census. It is part of the Akron metropolitan area and has the ZIP code 44203. Geography Barberton is located at (41.015805, -81. -- Babcock & Wilcox Beijing Company Ltd. (BWBC), a joint venture company of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG PGG Purple, Green, and Gold (Mardi Gras beads colors) PGG Project Galactic Guide PGG Patrol Gunboat (Missile) PGG Pendleton Grain Growers, Inc. (Pendleton, OR, USA) ), has been awarded a contract valued at more than $180 million to supply two 600 megawatt boilers to the state-run Lilama Corporation for installation at the Vung Ang I Power Plant in Ha Tinh Province Ha Tinh (in Vietnamese Hà Tĩnh; Hán Tự: ) is a province in the North Central Coast of Vietnam. Geography Hà Tĩnh Province is located in the Northern part of central Vietnam, about 340 km south of Hanoi, facing Nghệ An province in the North, , Vietnam. B&W PGG is a major operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of The Babcock & Wilcox Company (B&W), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of McDermott International, Inc. In April 2009, Lilama signed a contract with state oil company PetroVietnam, the owner of the plant, to build the facility over 45 months. BWBC, a joint venture between B&W PGG and Beijing Jingcheng Mechanical & Electrical Holding Co., Ltd. (JCH JCH Journal of Contemporary History JCH Christianshab, Greenland (airport code) ), will manufacture the boilers and supply other accessory equipment from their operations in Beijing. Featuring B&W's "downshot" design, the boilers utilize an enlarged, refractory-lined furnace that is ideal for combusting coals with low volatile matter content. The balance of the boiler design is B&W radiant boiler technology known for its proven reliability and availability. "This contract demonstrates B&W PGG's continued ability to meet the diverse needs of customers on a global basis," said Richard L. Killion, B&W PGG President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "We are pleased to have the opportunity to work with Lilama Corporation. We appreciate their confidence in our proven boiler design and in BWBC's ability to provide the engineering and manufacturing expertise necessary to make this project successful." BWBC President Paul Li said, "Vung Ang I is one of the key energy infrastructure projects in Vietnam, and we are appreciative of the confidence Lilama and PetroVietnam have shown in BWBC with this award." About B&W PGG Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) is a major operating unit of The Babcock & Wilcox Company, a wholly owned subsidiary of McDermott International, Inc. B&W PGG is a world leader in the power generation industry and designs, engineers, manufactures, services and constructs steam generating and environmental equipment for utilities and industries worldwide. It is located on the Internet at www.babcock.com. |
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