Babcock & Wilcox Wins $95 Million Order to Supply Boilers for Australia.NEW ORLEANS--(BUSINESS WIRE)--Sept. 16, 1999-- The Babcock & Wilcox Company (B&W), a unit of 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. ), has been awarded a contract from Bechtel International Inc. valued at approximately $95 million to supply two pulverized-coal-fired supercritical Adj. 1. supercritical - (especially of fissionable material) able to sustain a chain reaction in such a manner that the rate of reaction increases critical - at or of a point at which a property or phenomenon suffers an abrupt change especially having enough mass boilers to the Millmerran Power Project in Queensland, Australia. Under the contract, B&W will supply two 420-megawatt (MW) spiral-wound universal pressure boilers and related equipment, commissioning and erection supervision, startup and testing services. Engineering work has already begun at B&W's headquarters in 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. . Components will be manufactured at B&W facilities in the U.S., Canada, Indonesia, and the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China. B&W's technological depth and global resources are assets to this important project, noted James F. Wood, president of B&W. "The Millmerran greenfield merchant power project is timed to meet the increasing needs of Queensland, with power demand growing at 3 percent annually, as well as New South Wales New South Wales, state (1991 pop. 5,164,549), 309,443 sq mi (801,457 sq km), SE Australia. It is bounded on the E by the Pacific Ocean. Sydney is the capital. The other principal urban centers are Newcastle, Wagga Wagga, Lismore, Wollongong, and Broken Hill. ," said Wood. "More importantly, the technology B&W brings to this project will meet this demand with highly efficient and environmentally sound equipment." The Millmerran merchant power project sponsor is InterGen, an international power generation and related energy infrastructure company jointly owned by Bechtel Enterprise Holdings, Inc. and Shell Generating Limited. The project's total value is $920 million, including the 840MW power plant and 3.6 million ton per year coal mine. Startup is scheduled for 2002. Editor's Note: Babcock & Wilcox 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. (NYSE:MDR), a leading energy services company. McDermott 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, and to the offshore oil and natural gas industries. Visit us on the World Wide Web: www.mcdermott.com |
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