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Foster Wheeler Awarded Contract for Circulating Fluidized-Bed Steam Generator in Sweden

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Foster Wheeler AG announced today that a subsidiary of its Global Power Group has been awarded a contract by Lunds Energi, a municipality-owned energy supplier in the Southern region of Sweden, for the design, supply and erection of a 35 MWe (gross megawatt electric) biomass-fired circulating fluidized-bed (CFB) boiler island.

Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed, and the contract value will be included in the company's first quarter 2012 bookings. Commercial operation of the new steam generator is scheduled for the second quarter of 2014.

Foster Wheeler will design and supply the steam generator and auxiliary equipment, and will carry out the erection and commissioning of the boiler island. The steam generator will be designed to burn 100% bio fuel with up to 50% demolition wood. Lunds Energi is building the new combined heat and power plant to replace existing old equipment operating on fossil fuels.

"The fuel flexibility of Foster Wheeler's CFB technology provides an excellent solution for biomass power generation because it can utilize a wide range of renewable and waste fuels," said Tomas Harju-Jeanty, President and Chief Executive Officer of Foster Wheeler Energia Oy Group. "Our CFBs can divert waste headed for landfills and instead convert this waste into valuable steam and electricity."

"We are very pleased to have Foster Wheeler provide the boiler portion of our new combined heat and power plant," said Sylvia Michel, President of Lunds Energikoncernen. "Foster Wheeler is well known as an experienced supplier of biomass boilers achieving low emissions, high efficiency and flexibility in using different biofuels. We are looking forward to a successful project. It is very important for us to be a part of the solution for a better environment."

Published 14/02/2012

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Foster Wheeler AG is a global engineering and construction contractor and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 12,000 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, mining 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 Geneva, Switzerland.

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