Burckhardt Compression supports global energy transition with new orders for the expanding solar industry in Saudi Arabia

The solar industry is experiencing unprecedented global growth, with a 60% increase in electricity capacity from 2022 to 2023, according to the International Energy Agency (IEA). A key material in the solar supply chain is Ethylene Vinyl Acetate (EVA), a polymer which, among other things, is used in the production of EVA films utilized as…

Burckhardt Compression expands offer in Marine business and wins first order for LNG Carriers with low-pressure 2-stroke engines

The selected compressor platform is the latest extension of Burckhardt Compression’s marine portfolio for the LNG carrier market. This new compression solution marks the entry of the company into the market for boil-off gas handling compressor solutions for LNG carriers with low-pressure 2-stroke engines. These new LNG carriers will be equipped with low-pressure propulsion systems…

Burckhardt Compression wins orders for 45 biogas installations in India

The global biogas market is on the rise, expected to grow from 5% to 20% by 2040 according to the International Energy Agency (IEA), with higher growth rates expected in developing countries. Biogas installations play a crucial role in decarbonization by converting organic waste into valuable energy, reducing methane emissions, and contributing to the circular…

Burckhardt Compression delivers strong growth and profitability increase; raising its sales guidance for 2027

The 180th anniversary of Burckhardt Compression marks a successful start to the Company’s latest Mid-Range Plan, with notable achievements in order intake, sales, and operating income. Based on these results and positive mid-term market trends for sustainable energy solutions, the Company is raising its sales guidance for 2027. Fabrice Billard, CEO of Burckhardt Compression, says:…

Burckhardt Compression Holding AG to propose Tatiana Gillitzer as a new member of the Board of Directors

Burckhardt Compression, a leading provider of reciprocating compressor systems, has announced its intention to propose the election of Tatiana Gillitzer as a new board member at the General Shareholder Meeting on July 5, 2024. Tatiana Gillitzer, a US-citizen, is a business leader with over 25 years of working and management experience in international organizations. She…

Court rules in favor of two Burckhardt Compression employees

As communicated in February 2023, the Office of the Attorney General of Switzerland had filed charges with the Federal Criminal Court against two employees of Burckhardt Compression AG (BCAG), accusing them of having exploited insider knowledge when they purchased shares for the company’s ordinary employee stock ownership program on behalf of BCAG in May 2020….

Burckhardt Compression delivers strong sales growth despite significant currency effects, and a substantial increase in operating profit and net income

Following a period of exceptional growth driven by a robust post-pandemic recovery and bolstered by upfront investments in the energy transition, the markets of the Group are normalizing. This is in line with the Group’s expectations and is reflected in the order intake for the period, which now excludes exceptional orders. In this dynamic market…