Foster Wheeler to Begin FEED for Possible New ExxonMobil Chemical Complex in Singapore

Foster Wheeler Ltd has been authorised by ExxonMobil Asia Pacific Pte. Ltd. to proceed with the early phase of the front-end engineering design (FEED) for certain downstream units and associated plant infrastructure of the Singapore Parallel Train (SPT) project.

In January 2006, Foster Wheeler announced the award of a project coordination and services contract by ExxonMobil Asia Pacific Pte. Ltd. to a team of Foster Wheeler and WorleyParsons for the study phase of the SPT project, a potential new world-scale steam-cracking complex at ExxonMobil's Singapore refining and chemical plant site. The possible new complex now under study includes an ethylene cracker and downstream plants for the production of ethylene and propylene derivatives.

The Foster Wheeler team has been authorized, under its contract, to undertake the FEED of selected process units and the overall SPT project infrastructure.

"We are pleased that this project has now progressed to the next stage," said Steve Davies, chairman and chief executive officer of Foster Wheeler Energy Limited. "We have built an excellent working relationship with the ExxonMobil team and are committed to leveraging our in-depth technical expertise to deliver a high-quality FEED to assist ExxonMobil in realizing its plans for a world-scale steam-cracking complex in Singapore."

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Posted 09/08/06

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