December 2010

Trends and Resources

HP Construction: Middle East

Foster Wheeler USA Corp. has been awarded a project-management consultancy (PMC) contract by Carbon Holdings for a petrochemical complex in Ain Sokhna, Egypt, with a nameplate capacity to produce 1.35..

Foster Wheeler USA Corp. has been awarded a project-management consultancy (PMC) contract by Carbon Holdings for a petrochemical complex in Ain Sokhna, Egypt, with a nameplate capacity to produce 1.35 million tpy of polyethylene. Contract terms were not disclosed. Foster Wheeler will provide technical support and consulting services to Carbon Holdings through the project’s financial close, estimated to be late 2011. Following this, Foster Wheeler will book the full scope of the PMC award, which includes overseeing the activities of the selected engineering, procurement and construction contractor and subcontractors. The world-scale facility is expected to come onstream in 2015.

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