BABCOCK & WILCOX WINS PULP PROJECT.NEW ORLEANS--(BUSINESS WIRE)--April 19, 1995--McDermott International, Inc. (NYSE NYSE See: New York Stock Exchange :MDR MDR, n See multidrug resistance. MDR, n the abbreviation for minimum daily requirement, specifically the Minimum Daily Requirements for Specific Nutrients compiled by the United States Food and Drug Administration. ) announced today that the Babcock & Wilcox Power Generation Group has received a contract with Domtar, Inc., a forest products company, for a complete upgrade to Domtar's pulp mill A pulp mill is a manufacturing facility that converts wood chips or other plant fiber source into a thick fiber board which can be shipped to a paper mill for further processing. in Lebel-sur-Quevillion, Quebec. The contract, which will be shared in a three-way project partnership with H.A. Simons of British Columbia, the consulting engineers, and Cegelec/BG CHECO CHECO Contemporary Historical Examination of Current Operations of Quebec, the construction contractor, is valued at approximately U.S. $125 million. The turnkey project calls for the supply, erection, and commissioning of equipment including a new recovery boiler, installation of the turbine island, and upgrades to the fiberline and causticizing area. The project will also allow Domtar to meet increasingly stringent environmental legislation. Work is scheduled to be complete in November, 1996. The Babcock & Wilcox Power Generation Group is an 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 McDermott International, Inc., a leading worldwide energy services company. The company and its subsidiaries manufacture steam-generating equipment, environmental equipment, and products for the U.S. government. They also provide engineering and construction services for industrial, utility, and hydrocarbon processing facilities. Through its majority ownership of J. Ray McDermott, S.A. (NYSE:JRM JRM Journal of Recreational Mathematics JRM Journal of Reproductive Medicine ), McDermott International also participates in offshore construction. CONTACT: McDermott International Inc., New Orleans Don Washington, 504/587-4080 |
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