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Foster Wheeler Awarded Petrochemicals Plant Contract in Egypt

6:47 AM MDT | October 19, 2010 | Natasha Alperowicz

Foster Wheeler says it has been awarded a project management consultancy (PMC) contract by Carbon Holdings for a petrochemical complex planned at Ain Sokhna, Egypt, with a nameplate capacity for 1.35 million m.t./year of polyethylene (PE). The complex will include three PE plants, each designed for 450,000 m.t./year.  Foster Wheeler will provide technical support and consultancy services to Carbon Holdings through financial close, estimated to be late 2011. Following financial close, Foster Wheeler will book the full scope of the PMC award, which includes...

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