Friday, January 26, 2007

Foster Wheeler to design petrochem complex

Officials at Russia's CJSC Nizhnekamsk refinery have hired Foster Wheeler Ltd. to design a refinery and petrochemical plant in Tatarstan.

The complex will consist of a refinery with production capacity of 7-million tons per year, a deep conversion plant and a petrochemical plant, the New Jersey company said in a news release Tuesday.

Upon completion the entire complex is expected to have cost about $3 billion.

The value of the design contract for Foster Wheeler was not revealed.

http://www.sciencedaily.com/upi/index.php?feed=Business&article=UPI-1-20060919-15462400-bc-russia-fosterwheeler.xml