Foster Wheeler Awarded Contract for Two Circulating Fluidized-Bed Steam Generators in China
Foster Wheeler AG announced today that a subsidiary of its Global Power Group has been awarded a contract by Sinopec Jiujiang Company for the design and supply of two circulating fluidized-bed (CFB) steam generators for the Sinopec Jiujiang Fuel Alteration Project located in Jiangxi province in south central China.
Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed and the contract value will be included in the company's first quarter 2010 bookings. Commercial operation of the new steam generators is scheduled for first-quarter 2012.
Foster Wheeler will design and supply the two 50 MWe (gross megawatt electric) CFB steam generators and auxiliary equipment and provide site advisory services for the project. The CFB steam generators will be designed to burn coal and petcoke in a manner that will meet China's increasingly stringent environmental requirements.
Foster Wheeler's Global Power Group has served the Chinese market for more than 20 years, providing clients there with over 40 CFB steam generators, 23 of which were sold to Sinopec.
"The reliability and quality of Foster Wheeler's CFB boiler combined with the ability to cleanly burn a wide variety of fuels were key factors in the selection of Foster Wheeler for the Jiujiang CFB project," said Byron Roth, chief executive officer of Foster Wheeler Power Group Asia.
Foster Wheeler AG is a global engineering and construction contractor and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 14,000 talented professionals with specialised expertise dedicated to serving its clients through one of its two primary business groups. The company's Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, environmental, pharmaceuticals, biotechnology and healthcare industries. The company's Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and erects steam generating and auxiliary equipment for power stations and industrial facilities and also provides a wide range of aftermarket services. The company is based in Zug, Switzerland.
Published 26/02/2010
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