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Foster Wheeler (FWLT) to Supply CO Boiler For CPC's Refinery in Taiwan

May 27, 2009 9:05 AM EDT
FWLT Hot Sheet
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EPS Growth %: +110.5%
Foster Wheeler AG (Nasdaq: FWLT) announced that subsidiaries in its Global Engineering and Construction Group, Foster Wheeler Energy Limited and Foster Wheeler (G.B.) Limited, have been awarded contracts by CTCI Corporation (CTCI) for the supply of a CO (carbon monoxide) boiler for CPC Corporation's (CPC) new residue fluidized catalytic cracker (RFCC) at CPC's Talin Refinery, Kaohsiung, Taiwan. CTCI is the prime contractor for the engineering, procurement and construction of CPC's RFCC project.

The Foster Wheeler contract value for this project was not disclosed and will be included in the company's second-quarter 2009 bookings.
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