Burckhardt Compression: Change in the Executive Board November 01, 2011 | Ad hoc Release
Regula Brunner, Head of Human Resources Management at Burckhardt Compression and a member of the Executive Board, is handing over her management responsibilities to Susan Lütolf on June 1, 2012. Read more
Petroleum Development Oman LLC Chose Burckhardt Compression to Deliver Process Gas Compressor for MGI Facility October 04, 2011 | Ad hoc Release
Burckhardt Compression has been awarded an order from Petroleum Development Oman LLC to deliver one Process Gas Compressor for the new MGI facility in the Sultanate of Oman. Responsible Contractor for the Project is Worley Parsons Oman Engineering LLC. Read more
Strong Swiss franc effects a revision of guidance for fiscal year 2011 September 09, 2011 | Ad hoc Release
Burckhardt Compression expects sales in fiscal year 2011 to amount to approximately CHF 330 million with an EBIT margin near the middle of its targeted long-term range of 10% to 20%. Guidance was revised due to the tremendous appreciation of the Swiss franc over the past several months. Order intake has shown pleasing growth during the current year. Read more
Annual General Meeting of Burckhardt Compression: All motions of the Board of Directors approved July 02, 2011 | Ad hoc Release
At the Annual General Meeting of Burckhardt Compression Holding AG held at the Parkarena in Winterthur, the attending shareholders approved all motions of the Board of Directors. The dividend was set at CHF 5.00 per share. Read more
Burckhardt Compression results for fiscal year 2010: Considerable increase in order intake – higher sales – lower profits June 07, 2011 | Ad hoc Release
Orders received by Burckhardt Compression, one of the world’s leading manufacturers of reciprocating compressors, during fiscal year 2010 (ending March 31, 2011) increased considerably by 27%. Sales rose by 4%. The preceding downtrend in order inflow from January 2009 until March 2010 had a negative impact on the profitability of the late-cyclical business of Burckhardt Compression, but its profit margins are nevertheless still excellent compared to other industrial companies. Net income for the year declined 20%. An unchanged dividend of CHF 5.00 per share will be proposed at the Annual General Meeting. For the current 2011 fiscal year, management expects an increase in order intake, higher sales and profit margins similar to the levels achieved in the previous year. Read more
SINOPEC Selected Burckhardt Compression to Deliver Six Laby® Compressors for the Wuhan Petrochemical Complex May 17, 2011 | Ad hoc Release
Burckhardt Compression has been awarded two orders by SINOPEC Wuhan Company to deliver a total of six Laby® Compressors for their petrochemical complex. Various well running reference plants in China have proven the Laby® Compressor’s unmatched performance in demanding applications. Read more
Compressor Revamp – Successful Increase of Mass Flow May 16, 2011 | Asia
In 2011, a South Korean LDPE plant conducted a plant capacity increase of 50%. Debottlenecking of the entire compressor system (Hyper Compressor and Booster/Primary Compressor) was needed in order to fit the new operation parameters. Comprehensive engineering services were applied on both compressors and new major components were delivered. Read more
Burckhardt Compression appoints new member of the Executive Board March 15, 2011 | Ad hoc Release
Burckhardt Compression has appointed the 38 year-old Lukas Betschon as the new Head of Design & Manufacturing as the successor of Marcel Pawlicek. Lukas Betschon will take over his new function on Juy 1st, 2011. As mentioned in the media release in the beginning of December Marcel Pawlicek will assume the position of CEO. Read more
Renewal of IPO shareholder agreement at Burckhardt Compression February 09, 2011 | Ad hoc Release
The five management shareholders who participated in the management buyout in 2002 and who issued the IPO of Burckhardt Compression in 2006 have informed the Company that they have decided to sign a new shareholder agreement for another five years until 2016. At the same time the shareholder group has disclosed that its aggregate holdings of Burckhardt Compression shares have fallen below the disclosure threshold of 15% to 14.8%. Read more
IPC (Sipchem) Chooses Burckhardt Compression as Key Equipment Supplier for Their LDPE-EVA Plant – Production Process Licensed by ExxonMobil February 03, 2011 | Ad hoc Release
Burckhardt Compression has been awarded an order from International Polymers Company (IPC), Jubail, Saudi Arabia, to deliver a Hyper Compressor for their LDPE-EVA plant. The production process is licensed by ExxonMobil Chemical Technology Licensing LLC (ExxonMobil). Read more
Burckhardt Compression Extends Its Range of Process Gas Compressors API 618 January 14, 2011 | Ad hoc Release
Burckhardt Compression announces the extension of its well proven and successful Process Gas Compressor API 618 product line in order to cover market requirements for large plants in the hydrocarbon processing industry. The extended product line covers now compressor duties requiring a rod load up to 1’500 kN / 335’000 lbs and power up to
31’000 kW / 42’100 hp.
Read more
Burckhardt Compression’s Laby®-GI Successfully Commissioned on Golar’s FSRU in Dubai December 22, 2010 | Ad hoc Release
Burckhardt Compression successfully completed the mechanical test run of the Laby®-GI Compressor on Golar’s FSRU "Golar Freeze" in the presence of DNV (Det Norske Veritas). Commissioned by Burckhardt Compression and Golar LNG Limited the compressor is currently operating at full capacity. Read more