Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Petrochemical Industries Company (K.S.C.) (PIC) for a pre-feasibility study and a market report for a proposed aromatics plant in Kuwait. The study is scheduled to be completed in the fourth quarter of 2013.
The Foster Wheeler contract value was not disclosed and will be included in the company’s third-quarter 2013 bookings.
“Our wide chemicals experience and in-depth technical expertise, combined with the specialist study execution capability in our Business Solutions Group, were key factors in winning this contract,” said Umberto della Sala, President and Chief Operating Officer of Foster Wheeler AG.
Foster Wheeler AG is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 13,000 talented professionals with specialized expertise dedicated to serving its clients through one of its two primary business groups.
