Order intake back at the level from 2007 New orders amounted to CHF 427.8 mn, an increase of 5.7% (5.0% at constant exchange rates) over the previous year and a new record high for the company. Both business areas contributed to this achievement. In the Compressor Systems business (CS), incoming orders rose by 5.2% to CHF 272.7 mn,…
The customer has chosen the most fuel-efficient and low-emission propulsion solution available in the market today for their two recently ordered LNG (liquefied natural gas) carriers. It consists of the ME-GI engine from MAN Diesel & Turbo and the fuel gas compressor system Laby®-GI from Burckhardt Compression. The two gas carriers have each a capacity…
Keven Li (43), Chinese national, is the current Managing Director of Burckhardt Compression (Shanghai) Co. Ltd. and has been appointed to the Executive Board as a new member retroactively to April 1, 2013. Mr. Li has managed the subsidiary and its two operating sites in Shanghai and Beijing since 2007. After completing his studies in…
During the period from December 15, 2008 to December 16, 2010 the company conducted a share buyback program through the regular market. A total of 75’317 shares were repurchased within the scope of this program, which corresponds to 2.22% of the share capital. Up to now the repurchased registered shares were at the disposal of…
Burckhardt Compression repurchased 75’317 registered shares during the period from December 15, 2008 to December 16, 2010 within the scope of its share buyback program. This corresponded to 2.22% of its share capital. On January 18, 2013 the company issued a media release announcing that the purpose of the share buyback program had been amended…
Orders intake for the Group during the first half of the year totaled CHF 192.4 million, nearly matching the high level that was reported in the year-ago period (CHF 197.8 million). While Compressor Systems (CS) reported a decline of 11.9% to CHF 105.8 million, order intake at the Components, Services & Support (CSS) business showed…
Rainer Dübi (43), a Swiss national, holds a degree in mechanical engineering from Zurich University of Applied Sciences and subsequently earned a post-graduate MASBA degree (Master Degree in Advanced Studies of Business Administration). He joined Burckhardt Compression in 2003 and has management-level experience in the areas of reciprocating compressor design, calculation and development as well…
Lukas Betschon assumed responsibility for the Design & Manufacturing department at Burckhardt Compression in early July 2011. He is leaving the company at his own request. After his departure during the course of September 2012, Marcel Pawlicek, CEO of Burckhardt Compression, will manage the department ad interim. Pawlicek headed Design & Manufacturing from 2008 to…
Since the global oil reserves keep dwindling, methods of enhanced oil recovery (EOR) have been deployed in the extraction of oil for many years. In this process, chemicals or gases like carbon dioxide are injected into oil fields in order to increase the underground pressure and reduce the crude oil’s viscosity. Thus the oil is…
Burckhardt Compression is consolidating its compressor valve and sealing components activities at its Oberwinterthur plant at the end of 2012. Hans Keist (42) will assume management responsibility for the MT Sealing Technology Inc subsidiary on December 1, 2012 and become a member of Burckhardt Compression’s Executive Board on that same date. Effective January 1, 2013,…