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Foster Wheeler AG
announced today that a subsidiary of its
Global Engineering and Construction Group has been awarded an engineering,
procurement and construction management (EPCm) contract by LANXESS Butyl Pte.
Ltd. for a new neodymium polybutadiene (Nd-PBR) rubber plant to be built on
Jurong Island, Singapore. This award follows Foster Wheeler's successful
completion of the front-end engineering design for this project earlier this
year. Foster Wheeler's scope of work is expected to be completed in 2014.
The Foster Wheeler contract value for this project was not disclosed and will
be included in the company's third-quarter 2012 bookings.
The new facility, which facility LANXESS states is expected to be the largest
of its kind in the world, will be designed to produce 140,000 tonnes per annum
of Nd-PBR and will include process and finishing buildings, a central control
room, a substation and a tank farm. It will be built alongside LANXESS'
100,000 tonnes-per-year synthetic butyl rubber plant, the largest facility of
its type in Asia, due to start up in 2013, and for which Foster Wheeler is
also the EPCm contractor.
Nd-PBR is used in tire manufacturing. LANXESS states that its use reduces
rolling resistance and increases vehicle energy efficiency compared with
conventional tire rubber, also reducing tire abrasion, playing a significant
role in making cars safer as well as “greener” and more economical.
“We have built an excellent working relationship with LANXESS and we are
looking forward to further developing a long-term business relationship based
on our performance in delivering LANXESS' projects safely and successfully,”
said Umberto della Sala, Chief Operating Officer, Foster Wheeler AG.
“We are pleased to strengthen the successful relationship with Foster Wheeler
in order to continue to jointly and safely implement the LANXESS growth
strategy in the Asia Pacific region," said Carsten Kopke, project director,
LANXESS Asia Pacific.
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