Burckhardt Compression Delivered Three Process Gas Compressors for a Polysilicon Production Site April 15, 2010 | Ad hoc announcement pursuant to Art. 53 LR
Due to extensive expertise in the dry-running technology Burckhardt Compression awarded an order for three Process Gas Compressors from centrotherm photovoltaics. Delivery to "Semiconductor Plant" JSC in the Ukraine took place in the end of 2009. The compressors will be installed in their polysilicon production plant. Read more
Burckhardt Compression Expanded Training Center in Switzerland – Full Range of Training Compressors Available March 15, 2010 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression modernized its existing Training Center at its headquarters in Winterthur, Switzerland. Hands-on trainings can now be done on the Laby®, Process Gas and Hyper Compressor together with theoretical education. Read more
Prolongation Share Buyback Program Burckhardt Compression December 16, 2009 | Ad hoc announcement pursuant to Art. 53 LR
The Board of Directors of Burckhardt Compression Holding AG, Winterthur, has resolved to extend the current share buyback program by one year. Read more
Burckhardt Compression results for the first half of 2009: Order intake down – solid operating performance – package of measures implemented November 10, 2009 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression, one of the world’s leading manufacturers of reciprocating com-pressors, experienced a 17% decline in orders received during the first half of 2009 (April to September) due to the deteriorating market environment. Sales were not as weak thanks to the high order backlog. With an EBIT margin of 19% and a 14% net income margin, the company maintained its better than average profitability, although earnings were below the levels reported in the previous year. Full-year sales should reach approximately CHF 350 million, which should enable an EBIT margin of well over 15%. Read more
Indian Fertilizer Company Chooses Burckhardt Compression for Methanol Plant October 07, 2009 | Ad hoc announcement pursuant to Art. 53 LR
Gujarat State Fertilizers & Chemicals (GSFC), India, has awarded Burckhardt Compression an order for a Laby® Compressor that will be used for oxygen compression in their methanol plant. Read more
Burckhardt Compression Awarded an Order from Braskem Including a New Frame for a 30-year-old Hyper Compressor in Brazil September 04, 2009 | Ad hoc announcement pursuant to Art. 53 LR
Braskem, Brazil, selected Burckhardt Compression to supply a new frame for their existing Hyper Compressor type F10 that has been for almost 30 years in operation. Read more
PetroChina Selected Burckhardt Compression to Deliver Six Laby® Compressors for LNG Terminals August 18, 2009 | Ad hoc announcement pursuant to Art. 53 LR
Due to the unique labyrinth technology of the Laby® Compressors and the significant experience in cryogenic applications, Burckhardt Compression has been awarded two orders by PetroChina to deliver six compressors to LNG terminals in Rudong and Dalian, China. Read more
Annual General Meeting of Burckhardt Compression: All motions of the Board of Directors approved July 04, 2009 | 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 6.00 per share as last year. Read more
Burckhardt Compression: Market developments addressed with a package of measures June 30, 2009 | Ad hoc announcement pursuant to Art. 53 LR
The worldwide slowdown in Burckhardt Compression’s markets observed during the final quarter of the past fiscal year has continued in the early months of the new fiscal year. Currently there are no indications of a recovery in the near to medium-term future. In light of this situation Burckhardt Compression is implementing a set of measures designed to adjust its capacity and reduce its costs. In Winterthur 54 jobs will be shed, 24 of which through notice of termination. A redundancy program has been established for all affected employees. Besides the cost-reduction measures, proactive measures are concurrently being initiated on the sales front and in product development. Read more
Burckhardt Compression: Good results in fiscal year 2008 – order intake weakens in the final quarter June 09, 2009 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression, one of the world’s leading manufacturers of reciprocating compressors, produced an overall very good set of results in fiscal year 2008 (closing March 31, 2009). Sales growth was again in the high double-digits and both EBIT and net profit further increased. Order intake reached a record high in the first nine months but weakened in the final quarter, resulting in a full-year decline of 8.6% compared to the prior-year level. The Board of Directors will propose an unchanged dividend of CHF 6.00 per share at the General Meeting. Burckhardt Compression expects that the financial results for the 2009 business year will be lower. Read more
Four Process Gas Compressors for Refinery Upgrade in Russia May 12, 2009 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression has received a follow-up order for four dry-running Process Gas Compressors to be delivered to the Syzran refinery in Russia. Read more
Real estate acquisition from Sulzer completed May 07, 2009 | Ad hoc announcement pursuant to Art. 53 LR
Yesterday, Burckhardt Compression completed the acquisition from Sulzer of the real estate in Oberwinterthur, as previously announced on March 16, 2009. The acquired real estate will be transferred to the Burckhardt Compression Immobilien AG. Read more