Burckhardt Compression wins major order for LNG Terminal in Brunsbüttel, Germany, supporting energy security and transition

Winterthur, Switzerland – Burckhardt Compression, a leader in reciprocating compressors, has been selected to supply critical Boil-off Gas (BOG) and Pipeline injection compressors (MSO) for a new LNG regasification terminal in Brunsbüttel, Germany. This terminal will play a vital role in securing a stable supply of liquefied natural gas (LNG) for Germany, with regular operations…

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…

Acquittal of two Burckhardt Compression employees confirmed

The Swiss Federal Criminal Court informed the parties on October 16, 2024, that the Office of the Attorney General (OAG) has substantially withdrawn its appeal against the first instance acquittals of two employees of Burckhardt Compression AG. The employees had already been acquitted of all allegations of exploiting insider knowledge in the purchase of shares…

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…

Acquittal of two Burckhardt Compression employees appealed by the Office of the Attorney General of Switzerland

As communicated in the ad-hoc announcement on December 13, 2023, the Criminal Chamber of the Federal Criminal Court acquitted two employees of Burckhardt Compression AG of all allegations of exploiting insider knowledge in the purchase of shares for the company’s ordinary employee stock ownership program. The Office of the Attorney General (OAG) has filed an…

Burckhardt Compression successfully places bond of CHF 150 million

Today, Burckhardt Compression successfully placed a bond of CHF 150 million on the Swiss capital market. The bond has a term of 4 years, an annual coupon of 1.5606% and matures in September 2028. The proceeds from the transaction will be primarily used to refinance the outstanding CHF 100 million bond and for general corporate…

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 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…

Burckhardt Compression AG and PROGNOST Systems GmbH receive internationally recognized and sought-after cyber security certificate

Winterthur, October 12th, 2023 — Burckhardt Compression AG and PROGNOST Systems GmbH announce that they have earned the highly regarded IEC62443-4-1 certification, reaffirming their commitment to delivering top-tier cyber security for their cutting-edge Internet-connected products, including advanced data analytics solutions. This accomplishment underscores their dedication to safeguarding the integrity and reliability of their connected solutions….