Foster Wheeler to supply CO incinerator for new Vietnam refinery project
Foster Wheeler has been awarded a contract for the design and supply of a carbon monoxide (CO) incinerator package for a residue fluidized catalytic cracker in Vietnam, the company announced on Monday.
The contract was awarded by JGC Corp., which is acting on behalf of the engineering, procurement and construction consortium for the $9 billion Nghi Son refinery and petrochemical complex to be constructed in the Nghi Son Economic Zone in Thanh Hoa province.
The Foster Wheeler contract value was not disclosed and will be included in the companys first-quarter 2014 bookings.
Foster Wheeler will design the incinerator in accordance with the CO emissions requirements of the new complex. The CO incinerator is expected to be shipped FOB (free on board) as one single module during the second quarter of 2015.
This award reinforces Foster Wheelers position as a leading supplier of CO incinerator technology, said Roberto Penno, CEO of Foster Wheelers global engineering and construction (E&C) business.
Supplying this equipment as a single module reduces field construction time, delivering major safety and schedule benefits," he added. "The incinerator will also be designed to help meet the low emissions targets of the new complex. This is a very important second award for this complex in Vietnam for our UK fired heater division, and it follows the first award, in 2013, of two Terrace Wall hydrogen reformers.
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