Foster Wheeler Gets Notice to Proceed to Supply Two Coal-Fired Boilers for Chinese Power Plant.CLINTON, N.J.--(BUSINESS WIRE)--March 17, 1998--Foster Wheeler Corporation announced that Foster Wheeler Energia, S.A. (FWESA) has received a Notice to Proceed on a $72 million contract with Bechtel Overseas Corporation for two 365 MW bituminous bi·tu·mi·nous adj. 1. Like or containing bitumen. 2. Of or relating to bituminous coal. Adj. 1. bituminous - resembling or containing bitumen; "bituminous coal" coal-fired boilers and auxiliaries for a power plant in Meizhouwan, People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China. Headquartered in Madrid, Spain, Foster Wheeler Energia is a subsidiary of Foster Wheeler Energy International, Inc. FWESA will supply the boilers, including coal feeders and pulverizers, coal burners with oil igniters, air/flue gas duct system including fans/air heaters, and HP/LP turbine bypass valves for the plant. The facility, located near the city of Putian in Fujian Province, is owned and operated by Fujian Pacific Electric Company Limited, a wholly owned foreign enterprise formed in the PRC. Power produced in the plant will serve the growing industrial cities of Fujian Province. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Nicholas Tapia, Chief Executive Officer of FWESA, funding for the contract has been secured from sources in Spain. "This project greatly reinforces Foster Wheeler's position in supplying coal-fired utility plants in China," he said. "This project is FWESA's third major power plant project in China, and the twentieth contract for Foster Wheeler Energy International in that country." Foster Wheeler Energia, S.A., a major Spanish subsidiary of Foster Wheeler Energy International, Inc., designs, fabricates and erects steam-generating equipment for electric utilities, industrial users and public authorities worldwide. Foster Wheeler Energy International, Inc. designs and fabricates steam-generating equipment for electric utilities, industrial users and public authorities globally. The company is the world's leading supplier of circulating cir·cu·late v. cir·cu·lat·ed, cir·cu·lat·ing, cir·cu·lates v.intr. 1. To move in or flow through a circle or circuit: blood circulating through the body. 2. fluidized-bed boilers. Foster Wheeler Corporation Foster-Wheeler (FWLT) is a global conglomerate with a focus on Engineering, Construction and Procurement (EPC) and power, which form two different groups of the company. The company was formed in 1927 by the merger of a power company (created by the Foster family) with Wheeler is a global company offering a broad range of design, engineering, construction, manufacturing, project development and management, research, plant operations and environmental services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, . The Corporation's headquarters are at Clinton, N.J. For more information about Foster Wheeler, visit the company's World-Wide Web (World-Wide Web, networking, hypertext) World-Wide Web - (WWW, W3, The Web) An Internet client-server hypertext distributed information retrieval system which originated from the CERN High-Energy Physics laboratories in Geneva, Switzerland. site at www.fwc.com. CONTACT: Harry Levy, 908/730-4448 Richard C. Kroll, 908/730-4444 |
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