After almost 40 years at Burckhardt Compression in various regions and positions, the last 10 years as its CEO, Marcel Pawlicek feels this is the right moment for a well-planned succession process. Marcel Pawlicek joined Burckhardt Compression at the start of April 1982 and will complete 40 years with the company next year. He started…
The Annual General Meeting took place at company headquarters in Winterthur, in the presence of the independent proxy, a representative of the external company auditor, Chairman of the Board of Directors Ton Büchner, CEO Marcel Pawlicek, and by the board secretary. Shareholders passed the proposals of the Board of Directors except for the approval of…
Higher order intake of CHF 676.6 mn (+11.4% year-on-year), with both Divisions above prior year: Systems Division +12.0%, Services Division +10.5% Increased EBIT margin from 8.7% to 9.2%, driven by a relevant increase in the EBIT margin of the Systems Division Significant increase in earnings per share to CHF 13.00 (+36.0% year-on-year) Substantial increase in…
The SHP pumps are used on LPG tankers with dual fuel engines. Burckhardt Compression has already established a corresponding service infrastructure for its gas compressors in the marine sector with a worldwide network of more than 300 field service staff and representatives in more than 80 countries. Burckhardt Compression’s marine team is therefore very familiar…
The Assiut hydrocracking complex in Egypt will be one of the country’s major strategic refineries and will help to meet growing local demand for cleaner products, mainly EURO-V diesel. The EURO-V standard reduces atmospheric pollutants by imposing stricter limits on exhaust emissions. Burckhardt Compression’s three make-up gas compressor units, each with a frame rating of…
A fast-growing solution for decarbonizing mobility and industrial applications is to use hydrogen as energy carrier. To solve the challenges of hydrogen handling, transportation and storage, liquefied hydrogen is an attractive alternative. Burckhardt Compression expects the transition from fossil fuel to hydrogen to drive strong market growth for hydrogen compression during the coming decades. The…
In September 2020 Burckhardt Compression announced the signing of a memorandum of understanding to acquire the remaining 40% of Shenyang Yuanda Compressor, based in Shenyang, China. The contract to acquire the shares was signed on January 25, 2021. Closing is expected within the next two weeks. Burckhardt Compression has owned 60% of Shenyang Yuanda Compressor…
The Management Buyout (MBO) shareholders have decided ahead of schedule to again enter into a new five-year shareholders’ agreement with a term until May 2026. The last shareholders’ agreement was concluded in 2016, with a term until May 2021. Ton Büchner, Chairman of the Board of Directors: “We greatly appreciate that Burckhardt Compression can continue…
To solve this challenge, the industry often uses oil-lubricated compressors with complex oil removal systems or accepts the typically short maintenance intervals of oil-free compressors (~8’000 – 12’000 hours). Burckhardt Compression has proven at a customer site in Germany, that new sealing technologies can solve this challenge. Oil-free API 618 Process Gas Compressor in operation…