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Stock Market & Financial Investment News

News Breaks
December 19, 2013
07:38 EDTFWLTFoster Wheeler awarded contract for steam generating system design
Foster Wheeler has been awarded a contract by North West Redwater Partnership for the design and supply of three model AG-5325 package steam generating systems located at NWR’s Sturgeon Refinery, Sturgeon County, Alberta. The terms of the agreement were not disclosed and the contract value for the FNTP will be included in the company’s Q4 bookings. Delivery of the new steam generating systems is scheduled to begin in Q1 2015.
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April 14, 2014
07:32 EDTFWLTFoster Wheeler awarded contract for incinerator in Vietnam
Foster Wheeler announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract for the design and supply of a carbon monoxide incinerator package for a residue fluidized catalytic cracker. The contract was awarded by JGC, which is acting on behalf of the engineering, procurement and construction consortium for the $9B Nghi Son Refinery and Petrochemical complex to be constructed in the Nghi Son Economic Zone, Thanh Hoa Province, Socialist Republic of Vietnam. The Foster Wheeler contract value was not disclosed and will be included in the company’s 1Q14 bookings. Foster Wheeler will design the incinerator in accordance with the CO emissions requirements of the new complex. The CO incinerator is expected to be shipped free on board as one single module during 2Q15.

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