Foster Wheeler to Supply CFB Boiler Island in Poland
Foster Wheeler AG announced today that a subsidiary of its Global Power Group has been awarded a contract by Polimex-Mostostal S.A. for the design, supply and erection of a 50 MWe (gross megawatt electric) circulating fluidized-bed (CFB) boiler island for the Bielsko-BiaIa Heat and Power Station in Poland, which is owned by PoIudniowy Koncern Energetyczny (PKE).
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 bookings for the second-quarter of 2010. Commercial operation of the new steam generator is scheduled for the middle of 2013.
Foster Wheeler will design and supply the steam generator and auxiliary equipment, and will carry out the erection and commissioning of the boiler island. The steam generator will be designed to burn local Polish bituminous coal.
"This is the first contract awarded to Foster Wheeler by Polimex-Mostostal, a major Engineering, Procurement and Construction (EPC) contractor in the Polish market, and we are pleased to have this opportunity to work together," said Mr. JarosIaw Mlonka, president and chief executive officer of Foster Wheeler Energia Polska. "This award exemplifies PKE's continued confidence in Foster Wheeler's highly reliable CFB design. Four of our CFB steam generators are currently online at existing PKE plants, including the 460 MWe supercritical CFB steam generator at the Lagisza Power Plant in Poland."
Foster Wheeler AG (Nasdaq: FWLT) is a global engineering and construction contractor and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 13,000 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 16/07/2010
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