Foster Wheeler Awarded CFB Steam Generators Contract

Foster Wheeler Ltd's subsidiary within its Global Power Group has been awarded a contract from the Hanwha International Corporation for the design and supply of three circulating fluidized-bed (CFB) steam generators for a chemical facility located in the Yeosu area of Southern Korea. Hanwha International Corporation is a wholly owned subsidiary of Hanwha Chemical Corporation, which is a petrochemical manufacturer and supplier in Asia.

Foster Wheeler has received a full notice to proceed on this contract.

The three 100 MWe (gross megawatt electric) CFB steam generators are designed to fire bituminous coal. To burn this fuel as cleanly as possible, limestone bed material will be used to capture the fuel's sulfur within the CFB boilers. The CFB boilers will also be equipped with Foster Wheeler's advanced selective non-catalytic NOx reduction technology to minimize NOx emissions from the plant. Construction of the CFB boilers is expected to begin in the summer of 2007, with commercial operation of the plant scheduled for the end of 2009.

"We are pleased to supply these state-of-the-art CFB boilers to the Hanwha International Corporation and to be part of this important project," said Gary Nedelka, president and chief executive officer of Foster Wheeler North America Corp. "This is another example of Foster Wheeler's commitment to supply environmentally friendly and cost-effective technology to support our clients in the chemical industry."

"We selected Foster Wheeler due to our confidence both in their CFB technology and their track record of successful CFB projects in Asia," said Youn T. Kim, president and chief executive officer of Hanwha International Corporation.

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Posted 13/03/07

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