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Foster Wheeler Signs Agreement With BOC to Replace Heat Exchangers

June 23, 2014

Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has signed an engineering, procurement and construction management (EPCm) services agreement with BOC, a member of the Linde Group, for the installation of replacement heat exchangers at BOC’s Teesport facility, Teesside, in northeast England.

The Foster Wheeler contract value was not disclosed and was included in the company’s first-quarter 2014 bookings.

Under this agreement, Foster Wheeler will provide project management, front-end engineering design, detailed engineering design, procurement services, construction supervision and quality assurance for the replacement of existing aluminium plate fin exchangers in the 1,300 tons per day air separation plant. Installation is scheduled for completion in the fourth quarter of 2014. The Teesport facility provides oxygen and other gases to industrial facilities in the region.

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. The company’s Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, minerals and metals, environmental, pharmaceuticals, biotechnology and healthcare industries.

The company’s Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and
erects steam generating and auxiliary equipment for power stations and industrial facilities and also provides a wide range of aftermarket services. The company is based in Zug, Switzerland, and its operational headquarters office is in Reading, United Kingdom.

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