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Stock Market & Financial Investment News

News Breaks
August 20, 2014
07:31 EDTFWLTFoster Wheeler awarded contract for heat recovery steam generator in Mexico
Foster Wheeler AG announced that a subsidiary of its Global Power Group has been awarded a contract by Iberdrola, for the design and supply of a heat recovery steam generator. The unit will be installed at a cogeneration plant that Iberdrola is building at the Kimberly Clark de Mexico Ramos Arizpe Facility in Coahuila, Mexico. 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 third-quarter 2014 bookings. Foster Wheeler will design and supply the HRSG and provide advisory services for erection and start-up of the unit, which will incorporate a dual pressure level design with the capability to produce steam with or without combustion turbine operation. The HRSG will be coupled to a GE LM6000PH combustion gas turbine. Commercial operation of the HRSG is scheduled to begin during the first quarter of 2016.
News For FWLT From The Last 14 Days
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September 23, 2014
07:33 EDTFWLTFoster Wheeler unit awarded contract from Longview Power
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07:31 EDTFWLTFoster Wheeler unit awarded contract from Petron
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September 18, 2014
07:33 EDTFWLTFoster Wheeler announces collaboration agreement with ZeoGas LLC
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September 17, 2014
07:31 EDTFWLTFoster Wheeler unit selected by Plaxica
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