The ships’ owners have chosen the propulsion solution with the best fuel efficiency and the lowest emissions, in combination with Burckhardt Compression’s patented Laby®-GI compressor system for fuel gas supply. The systems ordered will be installed on several LNG tankers (Liquefied Natural Gas), each having a capacity of 174’000 cubic meters (in some cases as…

The discharge pressures of the three ordered Process Gas Compressors range from 25 bara (362 psia) up to 157 bara (2’276 psia), with a rated motor power from 340 kW (456 HP) up to 3’500 kW (4’694 HP). Delivery of the compressor systems will take place in the third quarter of 2015. The company’s Process…

Change in the currency situation On January 15, 2015, the Swiss National Bank decided to abandon the minimum exchange rate of CHF 1.20 to the euro. This decision will have an impact on Burckhardt Compression’s operating results for the current fiscal year (closing March 31, 2015). Management’s revised guidance is based on an exchange rate…

Estudios Planificación y Gestión Técnica S.L. (ESPLAGET S.L.) selected Burckhardt Compression to deliver one skid mounted Laby® Compressor for a capacity expansion in the Orinoco Steel Mill “Alfredo Maneiro” (Sidor S.A.). The steel mill produces direct reduced iron (DRI) and liquid steel as main components of the industrial value chain. Sidor S.A., in their efforts…

Sustained upturn in order intake Orders received in the first half of 2014 amounted to CHF 270.0 mn, which is 14.0% more than the order intake of CHF 236.8 mn reported for the first half of 2013. Orders for applications in the gas transport and storage and in the petrochemical industriy accounted for much of…

Hans Keist assumed the position of Managing Director of the MT Sealing Technology Inc. in December 2012 and guided it through its transition into the current Burckhardt Components AG as a member of Burckhardt Compression’s Executive Board. Over the next few months the activities of Burckhardt Components AG will be integrated into the Components, Services…

After the welcome address by Chairman Valentin Vogt and a review of the company’s 2013 fiscal year by CEO Marcel Pawlicek and CFO Rolf Brändli, the shareholders approved the annual report, the financial statements, the consolidated financial statements and the compensation report for the fiscal year 2013. They also approved the motion to pay a…

Operating performance, investment performance and growth performance were the key financial indicators that earned Marcel Pawlicek, the CEO of Burckhardt Compression, a position at the top of the “CEO of the Year” rankings. Dr. Hermann J. Stern, the CEO of Obermatt, a financial research company that has published these annual CEO assessments since 2006, summarizes…

Annual order intake exceeds half a billion francs for the first time Order intake of CHF 517.1 mn topped the previous record high set in fiscal year 2012 (CHF 427.8 mn) by 20.9% (22.8% at constant exchange rates) and exceeded the CHF 500 million mark for the first time. This strong growth was driven by a surge…

PEMEX Petroquimica chose Burckhardt Compression as turnkey contractor for the general revamp and modernization project of three Hyper Compressors at the company’s plant in Crangrejera, Mexico. The project was initiated due to the decreasing availability and reliability of the three compressors, built by a third-party manufacturer in 1978 after more than 200’000 operating hours. As…