HAMILTON, Bermuda, July 18, 2007 -- Foster Wheeler Ltd. announced today that a subsidiary of its Global Power Group has been awarded a contract by Soderenergi AB for a 240 megawatt thermal (MWth) circulating fluidized-bed (CFB) boiler island to be located at the Igelsta combined heat and power (CHP) plant in Sodertalje, Sweden. The Igelsta CHP unit will be Sweden's largest bio-fuelled combined heat and power unit.
Foster Wheeler has received a full notice to proceed on this contract, which will be included in Foster Wheeler's second-quarter 2007 bookings.
Foster Wheeler will supply the 240 thermal megawatt CFB boiler and auxiliary equipment, and will carry out the erection and commissioning of the boiler island. The boiler will be designed to burn biomass fuels, demolition wood and refuse extracted fuels. Commercial operation of the new boiler is scheduled for the end of 2009.
"This award continues to confirm our customers' confidence in our CFB technology, which is ideally suited to burning biomass efficiently and with low emissions," said James E. Stone, president and chief executive officer, Foster Wheeler Power Group Europe. "This latest award demonstrates that we provide environmentally sound and cost-effective solutions to our customers."
"We are looking forward to cooperating with Foster Wheeler, a company we consider to be very competent in this field," said Leif Bodinson, CEO of Soderenergi.
Soderenergi AB is an energy company that was set up for generating heat for district heating, and it supplies heat to around 70,000 households, industrial plants and offices.
Foster Wheeler Ltd. is a global company offering, through its subsidiaries, a broad range of engineering, procurement, construction, manufacturing, project development and management, research and plant operation services. Foster Wheeler serves the refining, upstream oil and gas, LNG and gas-to-liquids, petrochemical, chemicals, power, pharmaceuticals, biotechnology and healthcare industries. The corporation is based in Hamilton, Bermuda, and its operational headquarters are in Clinton, New Jersey, USA.
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