Siemens Power Generation Acquires Advanced Burner Technologies.ORLANDO, Fla. -- Siemens Power Generation (PG) expands upon its environmental care business strategy by acquiring Advanced Burner Technologies, Inc. (ABT ABT About ABT Abteilung (German: Department) ABT Abbott Laboratories (stock symbol) ABT American Ballet Theatre ABT Associação Brasileira de Telemarketing ABT Abort ABT Availability Based Tariff ), known globally for its highly effective low NOx burners and combustion modifications for pulverized pul·ver·ize v. pul·ver·ized, pul·ver·iz·ing, pul·ver·iz·es v.tr. 1. To pound, crush, or grind to a powder or dust. 2. To demolish. v.intr. coal-fired steam generators A steam generator is a device used to boil water to create steam. It may refer to:
ABT is one of several recent acquisitions aimed at expanding Siemens' offering of market-driven solutions for cleaner, more efficient power generation products and services. In 2004, Siemens acquired Bonus Energy A/S. In October 2005, Wheelabrator Air Pollution Control, Inc. was brought into the company, and most recently, Siemens Power Generation acquired Sustec Group for its trendsetting technology for converting coal cleanly clean·ly adj. clean·li·er, clean·li·est Habitually and carefully neat and clean. See Synonyms at clean. adv. In a clean manner. clean for electricity generation. Strategically this combination matches Advanced Burner Technologies' advanced NOx prevention and control products with Siemens Power Generation's global expertise in highly efficient turbine-generators, power plant equipment and advanced air emissions control Emissions control may refer to:
Siemens and ABT share many of the same customers. "This acquisition simplifies business for many of our joint customers, who will now have a single point of contact for many of their plant operations and maintenance services, including the effective integration of service for their turbines, fuel combustion equipment and air emissions control technologies," said Craig Weeks, president, Siemens Power Generation Fossil Service Division. The Power Generation Group (PG), a unit of Siemens AG Siemens AG German electrical-equipment manufacturer. The first Siemens company, Siemens & Halske, was founded in Berlin in 1847 to build telegraph installations. , is one of the premier entities in the international power generation sector. In fiscal 2005 (which ended September 30), Siemens PG posted sales amounting to approximately EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 8.1 billion and received new orders totaling EUR11 billion. Group profit amounted to EUR951 million. On September 30, 2005, PG had a work force of approximately 33,500 worldwide. Further information at: http://www.siemens.com/powergeneration. |
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