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Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has received an initial $10 million order as part of an award valued at approximately $40 million to supply low-pressure Wet Gas Scrubbing (WGS) technology for installation at a major petroleum refinery in Canada.
B&W is a licensee of ExxonMobil's WGS technology, which has been successfully deployed in more than 30 refinery applications worldwide. B&W acquired the rights to this advanced sulfur dioxide (SO2) emissions control solution through its 2022 acquisition of the business assets of Hamon Research-Cottrell Inc.
ExxonMobil's WGS technology allows refiners to reliably meet stringent fluid catalytic cracking and fluid coker emissions regulations with proven technology. It also can be enhanced to help meet restrictions on nitrogen oxides (NOx) and particulate emissions.
Posted In: BW
