Foster Wheeler has signed a strategic umbrella agreement with Dow Chemical 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, the companies said.
The move is part of Foster Wheelers growth strategy across a diversified portfolio of businesses including specialty chemicals, advanced materials, agrosciences and plastics, according to the company.
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.
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.