Foster Wheeler to Supply Heat Recovery Steam Generator in Spain

Foster Wheeler Ltd. announced that a subsidiary of its Global Power Group has been awarded a contract for a heat recovery steam generator (HRSG) by UTE IBERESE-SOMAGUE — a business alliance formed between Iberese and the constructor, Somague, a Portuguese subsidiary of the Spanish construction group Sacyr Vallehermoso. The boiler will be integrated... 

Foster Wheeler Announces Proposed Redomestication from Bermuda to Switzerland

Foster Wheeler Ltd. announced that its board of directors has unanimously approved the redomestication of the company from Bermuda to Switzerland. Foster Wheeler’s shareholders will be asked to vote in favor of the proposal at a shareholders meeting expected to be scheduled for January 2009. If approved by shareholders, and subject to the approval... 

Dresser-Rand Invests In the Development of Game-Changing Compressor Technology Focused on Green Energy

Dresser-Rand Group Inc. announced that Dresser-Rand has made an investment in Ramgen Power Systems, LLC, and further expects to support Ramgen’s ongoing development work. Dresser-Rand’s funding will help satisfy Ramgen’s requirement with the Department of Energy’s National Energy Technology Lab to obtain private matching funds... 

Foster Wheeler Awarded Contract for New Refinery in Libya

Foster Wheeler Ltd. announced that its Milan-based subsidiary Foster Wheeler Italiana S.p.A., part of its Global Engineering and Construction Group, has been awarded a contract by Zwara Oil Refinery Company Limited (ZORCO) for consultancy and project management services for a planned new 200,000 barrels per stream day crude oil refinery at Mellita,... 

Foster Wheeler Awarded Coal-to-Liquids Feasibility Study in China

Foster Wheeler Ltd. announced that its subsidiaries, Foster Wheeler Energy Limited and Foster Wheeler International Engineering & Consulting (Shanghai) Co. Ltd., together with its consortium partner, Wuhuan Engineering Company, have been awarded contracts by Sasol Synfuels International (Proprietary) Limited (Sasol) and Shenhua Ningxia Coal Industry... 

Capstone Turbine Signs Agreement to Supply Its Proprietary Air Bearing Technology to Barber-Nichols

Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it has signed a supply agreement with Barber-Nichols, Inc. for Capstone’s air bearing technology for use in non-competitive equipment manufactured and sold by Barber-Nichols. Under the terms of the agreement Capstone... 

Foster Wheeler Enters into License Contract for Advanced Pulverized-Coal Technology in Korea

Foster Wheeler Ltd. announced today that a subsidiary of its Global Power Group has entered into a fifteen-year agreement with Bumwoo ENG Co., Ltd. to provide an advanced technology license for wall-fired subcritical and supercritical pulverized-coal (PC) steam generators to be sold in South Korea. The terms of the agreement were not disclosed. The... 

Foster Wheeler Awarded Conceptual & Basic Design of New Alcon Pharmaceutical Manufacturing Plant in Singapore

Foster Wheeler Ltd. announced today that its U.S. subsidiary, Biokinetics, Inc., along with Foster Wheeler’s Singapore office, both part of its Global Engineering and Construction Group, has been awarded a contract by Alcon Laboratories Inc. to provide engineering and architectural services for the conceptual and basic design of its new 250,000 square...