Foster Wheeler CO Boiler For CPC's Refinery in Taiwan

Foster Wheeler AG announced that subsidiaries in its Global Engineering and Construction Group, Foster Wheeler Energy Limited and Foster Wheeler (G.B.) Limited, have been awarded contracts by CTCI Corporation (CTCI) for the supply of a CO (carbon monoxide) boiler for CPC Corporation’s (CPC) new residue fluidized catalytic cracker (RFCC) at CPC’s Talin Refinery, Kaohsiung, Taiwan. CTCI is the prime contractor for the engineering, procurement and construction of CPC’s RFCC project.

The Foster Wheeler contract value for this project was not disclosed and will be included in the company’s second-quarter 2009 bookings.

Foster Wheeler’s scope includes a proprietary Foster Wheeler-designed incinerator to destroy carbon monoxide in the waste gas stream from the RFCC, a boiler section to recover heat from the resulting flue gas, and a selective catalytic reduction flue gas treating system to minimize emissions of nitrogen oxides to the atmosphere. The project management will be performed by Foster Wheeler from its UK Operating Center with additional engineering support from its Indian Operations.

“This award reinforces our position as a leading supplier of CO boilers, in particular where stringent emissions limits apply. Following our recent supply of a Terrace-Wall™ reformer and three other fired heaters to CTCI for Bangchak Petroleum Public Co., Ltd.’s Product Quality Improvement Project in Thailand, we look forward to working together on this latest award to build on the existing good working relationship between our two companies,” said Michael J. Beaumont, chairman and chief executive officer of Foster Wheeler Energy Limited.

CTCI Corporation with its headquarters in Taipei and more than 7,000 professional employees worldwide is the largest EPC firm in Taiwan providing integrated services to its clients in the areas of oil/gas, refinery, petrochemicals, chemicals, LNG receiving terminals, infrastructure, transportation, power plant and environmental industry. The major overseas subsidiaries of CTCI are located in Thailand, China, Vietnam, India, and Saudi Arabia.