Foster Wheeler AG FWLT announced today that a subsidiary of its
Global Engineering and Construction Group has been awarded a contract
for engineering, procurement and related services for a grassroots
molybdenum refinery in Chile. The contract was awarded by MOLYB Ltda.,
an affiliate company of CODELCO, the Chilean Copper Corporation, the
world's largest copper producing company and also a leading molybdenum
concentrate producer. The new facility, planned to be one of the largest
of its kind, will be located near Mejillones in northern Chile.
The terms of the award were not disclosed and the contract value was
included in the company's third-quarter 2013 bookings.
Foster Wheeler will undertake detailed engineering and provide
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