Burckhardt Compression Extends Its Range of Process Gas Compressors API 618 January 14, 2011 | Ad hoc announcement pursuant to Art. 53 LR
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.
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Burckhardt Compression’s Laby®-GI Successfully Commissioned on Golar’s FSRU in Dubai December 22, 2010 | Ad hoc announcement pursuant to Art. 53 LR
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
Burckhardt Compression concludes share buyback program December 17, 2010 | Ad hoc announcement pursuant to Art. 53 LR
As announced during the publication of the mid-year results for 2010, Burckhardt Compression Holding AG, Winterthur, ended its share buyback program as scheduled on December 16, 2010. Read more
Valentin Vogt to become new Chairman of the Board of Directors of Burckhardt Compression December 02, 2010 | Ad hoc announcement pursuant to Art. 53 LR
Valentin Vogt is set to succeed Hans Hess as Chairman of the Board of Directors on April 1, 2011. Marcel Pawlicek will assume the position of CEO on this same date. Mr. Pawlicek is already a member of the Executive Board and he has managed various functions within Burckhardt Compression in Switzerland and abroad during the past 21 years. Read more
Delivery of Revamped Process Gas Compressor Units to PETROBRAS Refinery Completed November 19, 2010 | Ad hoc announcement pursuant to Art. 53 LR
PETROBRAS selected Burckhardt Compression (Brasil) Ltda. to revamp their existing Process Gas Compressors that are operated in the PETROBRAS RECAP refinery in Capuava, Brazil. Read more
Significant signs of recovery in order intake – profitability remains solid November 09, 2010 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression, one of the world’s leading manufacturers of reciprocating com-pressors, took in slightly more orders during the first half of fiscal year 2010 (April to September) while sales for the same period were about 5% lower. The Group achieved an 18% EBIT margin and 13% net profit margin, clearly better than average industry levels yet slightly below the corresponding margins in the prior-year period. Full-year sales in 2010 are expected to exceed CHF 350 million and the EBIT margin should range between 15% and 20%. Read more
LUKOIL Selected Burckhardt Compression for Refinery Upgrade September 30, 2010 | Ad hoc announcement pursuant to Art. 53 LR
Russia’s largest oil company, LUKOIL, has chosen Burckhardt Compression due to their extensive expertise in the dry-running technology to deliver three Process Gas Compressors for their refinery upgrade. Read more
TS LNG BV Selected Burckhardt Compression to Deliver Pipeline Compressor for High-pressure Compression Facility at Gate Terminal BV August 11, 2010 | Ad hoc announcement pursuant to Art. 53 LR
An der ordentlichen Generalversammlung der Burckhardt Compression Holding AG in der Winterthurer Parkarena stimmten die anwesenden Aktionärinnen und Aktionäre allen An-trägen des Verwaltungsrates zu. Die Dividende beträgt CHF 5.00 je Aktie. Read more
New Hyper Compressor Central Valves July 24, 2010 | Success Story
A customer turned to Burckhardt Compression for help with his non-Burckhardt hyper compressor. The compressor valves needed a complete overhaul to optimize operation and improve its reliability. With the solution even the life-cycle cost could be reduced. Read more
Annual General Meeting of Burckhardt Compression: All motions of the Board of Directors approved July 02, 2010 | Ad hoc announcement pursuant to Art. 53 LR
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
Delivery of Three Process Gas Compressors to Air Liquide Hydrogen Facility in Rotterdam Completed June 23, 2010 | Ad hoc announcement pursuant to Art. 53 LR
After extensive life cycle cost analysis Lurgi GmbH, a subsidiary of Air Liquide Group, selected Burckhardt Compression in Q3 2008 to deliver three Process Gas Compressors, used as pipeline compressors, for Air Liquide’s hydrogen production plant in Rotterdam, The Netherlands. Read more
Burckhardt Compression results for fiscal 2009: Sustained high earnings despite lower order intake and sales June 08, 2010 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression, one of the world’s leading manufacturers of reciprocating compressors, experienced a considerable drop in orders received in fiscal 2009 (closing March 31, 2010) while sales did not decline as much thanks to the high order intake of previous years. EBIT and bottom-line profit were below the corresponding figures from the prior-year period. Nevertheless, in view of the difficult economic environment, they remained remarkably high compared to industry levels and competitors' margins. The Board of Directors will propose a dividend of CHF 5.00 per share at the Annual General Meeting. With regard to the current fiscal year, Burckhardt Compression expects order intake and sales to be higher and margins lower. Read more