Sep.04. 2020, Shanghai,
Babcock & Wilcox (B&W) (NYSE: BW) announced today that it is establishing its Asia-Pacific Region headquarters in Perth, Australia, to serve as the center of operations for its expansion in the Asia-Pacific market. B&W has named Nick Carter as Managing Director of the region.
The company also is establishing or expanding operations in Indonesia, the Philippines, Vietnam, Thailand, China, India, and other countries. B&W's three business segments - B&W Environmental, B&W Renewable, and B&W Thermal - will draw on the resources of these operations to meet the needs of customers throughout the Asia-Pacific region.
"Under Nick Carter's experienced, skilled leadership, we are already seeing signs of success as the energy demands and environmental mandates within this region are expanding exponentially," Young said.
B&W's focus for the Asia-Pacific region will include upgrades, parts, equipment, and other services to customers in the renewable, environmental, and thermal markets, including to under-serviced local markets and the pulp & paper and petrochemical sectors.
Headquartered in Akron, Ohio, Established in 1867, Babcock & Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets, with operations, subsidiaries, and joint ventures worldwide.