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24 October 2006 -- Foster Wheeler Ltd. announced that two Chinese subsidiaries in its Global Power Group have been awarded contracts by a unit of the China Petrochemical Corporation (SINOPEC) to design and supply three 100 MWe circulating fluidized-bed (CFB) boilers for SINOPEC Tianjin Company's ethylene complex in Tianjin City, People's Republic of China.

The state-of-the-art, petroleum coke-fired boilers will be designed by Foster Wheeler International Engineering & Consulting (Shanghai) Co. Ltd. and manufactured in part by Foster Wheeler Power Machinery Co. Ltd. at its facility in Xinhui, China.

Commissioning of the Tianjin boilers is anticipated in 2008. The boilers will be similar in design to Foster Wheeler boilers currently in commercial operation at SINOPEC's Maoming refinery in China. The value of the contracts, which will be included in the company's third-quarter 2006 bookings, was not disclosed.

Foster Wheeler said that in the last ten years, SINOPEC has purchased a total of 19 CFB boilers from the company.

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