Foster Wheeler AG announced that subsidiaries of its Global Engineering and Construction Group have been awarded a contract by Reliance Industries Limited for the provision of engineering and procurement services for its Paraxylene Project at Jamnagar, Gujarat State, on the west coast of India.
This project is part of Reliance's multi-billion-dollar Expansion Project at its world-scale Jamnagar refining and petrochemical complex.
Foster Wheeler's scope of work will include detailed engineering, licensor coordination and procurement services for the new paraxylene plant. The project will be executed from Foster Wheeler's Indian and UK operations.
Foster Wheeler AG is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment.
Reliance Industries Limited (RIL) is India's largest private sector company on all major financial parameters with a turnover of INR 339,792 crore (US$ 66.8 billion), cash profit of INR 31,994 crore (US$ 6.3 billion) and net profit of INR 20,040 crore (US$ 3.9 billion) as of March 31, 2012.
Source:
http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=117920
