Foster Wheeler Wins Basic Engineering Design Contract from Invista

Foster Wheeler Ltd's UK subsidiary Foster Wheeler Energy Limited, part of its Global Engineering and Construction Group, has been awarded a contract to provide basic engineering design and technical services for a 40,000 metric tonnes per annum butanediol (BDO) plant for SK Corporation at Ulsan in South Korea.

The contract was awarded to Foster Wheeler by INVISTA Textiles (UK) Limited, an affiliate of the BDO process licensor. BDO is used to produce TERATHANE(R) which is the key intermediate for both LYCRA(R) stretch fibers and other high-value polyurethanes.

Foster Wheeler will undertake various elements of the process and basic engineering design for the new plant from its Teesside project execution center in the UK. The basic engineering design is scheduled to be completed in the fourth quarter of 2006.

"With this BDO award, we have the opportunity to build upon our well-established and successful association with INVISTA," said Steve Davies, chairman and chief executive officer of Foster Wheeler Energy Limited. "As a preferred contractor for INVISTA's purified terephthalic acid (PTA) process technology, we are already working with INVISTA on two PTA plants in China and one in Thailand, each being built by different owners. Our Teesside operation worked closely with INVISTA on the early design phases of one of these three PTA projects, and this latest award further confirms INVISTA's confidence in Foster Wheeler's experience and skills. P. I believe our team will again deliver added value to INVISTA for this project."

Find out more about:
Foster Wheeler

Search for more Foster Wheeler News

Posted 18/05/06

Back