Home / Knowledge / News / Textiles / Foster bags study contract for Saudi petrochemical plant
Foster bags study contract for Saudi petrochemical plant
24
Oct '13
Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has been selected by Farabi Petrochemicals Company to undertake a concept study and technology selection contract for the Jazan Petrochemicals Project in Saudi Arabia.

The Foster Wheeler contract value was not disclosed and will be included in the company’s fourth-quarter 2013 bookings.

Foster Wheeler’s scope of work will include development of the overall concept for the project, which is planned to include a world-scale linear alkyl benzene plant and a range of units producing specialty chemicals derived from diesel feedstock.

Foster Wheeler will also recommend the technology for the production of low aromatics solvent and for the treatment of heavy fuel oil, as well as develop a capital and operating cost estimate and the invitation to tender for the front-end engineering design. The study is scheduled for completion in the first quarter of 2014.

“We are delighted that Farabi Petrochemicals Company has awarded this important strategic study to Foster Wheeler, continuing a relationship that stretches back over a decade,” said Umberto della Sala, President and Chief Operating Officer, Foster Wheeler AG. “We look forward to making a key contribution in assisting our client to progress this significant investment, and delivering a strong performance that will position us well for subsequent phases of the project.”

“Farabi Petrochemicals are pleased to award this contract to Foster Wheeler and look forward to working with them to develop this key investment in our company’s future,” said Mohammed Al-Wadaey, President, Farabi Petrochemicals Company.

Foster Wheeler AG is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 13,000 talented professionals with specialized expertise dedicated to serving its clients through one of its two primary business groups.

Foster Wheeler


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search