Foster Wheeler Spanish unit to build two 350-MW steam generators in China.CLINTON, N.J.--(BUSINESS WIRE)--August 21, 1995--Madrid-based Foster Wheeler Energia, S.A. has received a $150 million (U.S.) contract to supply two 350-megawatt coal-fired steam generators for the first phase of the Rizhao Power Plant located in the Shandong Province of the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China. The plant, valued at more than $300 million (U.S.), will be built by a consortium of Siemens, AG, Germany, and Foster Wheeler Energia, S.A. The Foster Wheeler contract covers the engineering and supply of all boiler island equipment including ash handling equipment, precipitators, electrical and control systems. Nicholas Tapia, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Foster Wheeler Energia, S.A., noted that the award of this new contract, which follows an earlier contract to the Spanish Foster Wheeler company for two similar steam generators, "confirms the client's acceptance of Foster Wheeler technology to burn Chinese coals and demonstrates the customer's satisfaction with Foster Wheeler products." Robert A. Whittaker, CEO of Foster Wheeler Energy International, Inc., said, "This award shows Foster Wheeler's continued success in serving the China power generation market. The Foster Wheeler Energy Equipment Group of companies has received orders for over 3000 MW of steam generating equipment in China." The power plant will be owned by Shandong Rizhao Power Company, a Sino-foreign joint venture formed by China Power Investment Corporation, Shandong Huaneng Power Development Co. Ltd., Shandong International Trust and Investment Corporation, Rizhao Economic Development General Co., Shandong Provincial Electric Power Company, United Development Incorporated, and Siemens Power Development Rizhao GmbH. Foster Wheeler Energia, S.A. is a unit of Foster Wheeler Energy International, Inc., which is comprised of operating companies operating company A business that engages in transactions with outsiders. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and Spain. The companies design and fabricate steam generators and auxiliary equipment Noun 1. auxiliary equipment - electronic equipment not in direct communication (or under the control of) the central processing unit off-line equipment for electric utilities, industrial users and public authorities. 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 an international organization providing a broad range of design, engineering, construction, manufacturing, management, 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 in Clinton. CONTACT: Foster Wheeler Corporation, Clinton Richard G. Strippel, 908/713-3072 Richard C. Kroll, 908/713-3070 |
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