Foster Wheeler Signs Strategic Global Services Agreement with the Dow Chemical Company
Foster Wheeler announced today that its Global Engineering and Construction Group has signed a Strategic Umbrella Agreement with The Dow Chemical Company (Dow) for the provision of project management, consulting, engineering, procurement, construction management, and construction services. This agreement has an initial term of three years and provides support by Foster Wheeler to selected Dow global capital projects, which forms part of its growth strategy across its diversified portfolio of businesses: specialty chemicals, advanced materials, agrosciences and plastics.
"Foster Wheeler and Dow have a history of working together around the world on the development and safe, successful implementation of major projects," said Umberto della Sala, Chief Operating Officer of Foster Wheeler AG. "With our global network of operations, our focus on the geographies where Dow plans to invest, and our proven high-quality project delivery, we are ideally positioned to support Dow in delivering the capital project program to advance their growth objectives."
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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