Global Power Group News

24 Sep 2014

Foster Wheeler For Air Quality Control System Upgrade In West Virginia

Logo

Foster Wheeler AG announced today that a subsidiary of its Global Power Group’s Environmental and Industrial division has been awarded a contract by Longview Power, LLC to rehabilitate and optimize the wet flue gas desulfurization system at their existing 700 MWe (net megawatt electric) Longview Power facility in Maidsville, West Virginia, USA. Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed, and the contract value will be included in the company’s third-quarter 2014 bookings.

21 Aug 2014

Foster Wheeler to Supply Heat Recovery Steam Generator In Mexico

Courtesy : Foster Wheeler

Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Iberdrola, for the design and supply of a heat recovery steam generator (HRSG). The unit will be installed at a cogeneration plant that Iberdrola is building at the Kimberly Clark de Mexico Ramos Arizpe Facility in Coahuila, Mexico. Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed, and the contract value will be included in the company’s third-quarter 2014 bookings.

14 Aug 2014

Foster Wheeler Licensee Offers Heat Recovery Steam Generators

Heat Recovery Steam Generators

Foster Wheeler AG announced today that BHI Co., Ltd., a licensee of its Global Power Group, has been awarded two contracts for Heat Recovery Steam Generators (HRSGs) in Asia. BHI offers HRSGs, pulverized coal (PC) boilers, circulating fluidized bed (CFB) boilers and oil and gas boilers all utilizing Foster Wheeler’s proven technology. A contract by Mitsubishi Corporation was awarded to BHI for the design and supply of four HRSGs for the 240 megawatt Bangpoo cogeneration power plant in Thailand, which is scheduled to be on-line by third quarter 2016.

07 Aug 2014

Foster Wheeler 2Q, 2014 Results

Table

Foster Wheeler AG (Nasdaq: FWLT) today reported income from continuing operations for the second quarter of 2014 of $85.6 million, or $0.85 per diluted share, compared with $68.3 million, or $0.68 per diluted share, in the second quarter of 2013. Income from continuing operations in both quarterly periods was impacted by net asbestos-related gains and provisions, as detailed in an attached table. Excluding such items from both quarterly periods, adjusted income from continuing operations in the second quarter of 2014 was $86.8 million…

06 Aug 2014

Mermaid Kohler Range to Be Launched

Kohler engine (image courtesy of Mermaid Marine)

Mermaid Marine is to launch a new range of diesel engines, the Mermaid Kohler. The partnership between U.K. diesel engine marinizer Mermaid Marine and Kohler expands Poole based Mermaid Marine’s offering to smaller inboard engines with the company now able to supply engines from 31kW to 376kW. It has come about through Mermaid Marine’s parent company, Power Torque’s work with JCB which has partnered with Kohler’s Global Power Group to use the Italian manufactured engines in several of its compact machine lines in what the company terms the next stage of its engine strategy.

25 Jun 2014

Foster Wheeler Licensee To Supply Power Equipment to S. Arabia

Foster Wheeler Power Plant

Foster Wheeler AG (Nasdaq:FWLT) announced today that BHI Co., Ltd., a licensee of its Global Power Group, has been awarded a contract by Samsung C&T for the design and supply of six heat recovery steam generators (HRSGs) for the 2,100 megawatt Rabigh II combined-cycle power plant in Saudi Arabia. BHI has received a full notice to proceed on this contract. The terms of the agreement were not disclosed, and the royalty value received for the contract was included in Foster Wheeler’s bookings for the first quarter of 2014. Commercial operation of the units is scheduled to begin in 2017.

23 Jun 2014

Foster Wheeler Signs Agreement With BOC to Replace Heat Exchangers

Courtesy Foster Wheeler

Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has signed an engineering, procurement and construction management (EPCm) services agreement with BOC, a member of the Linde Group, for the installation of replacement heat exchangers at BOC’s Teesport facility, Teesside, in northeast England. The Foster Wheeler contract value was not disclosed and was included in the company’s first-quarter 2014 bookings. Under this agreement…

17 Jun 2014

Foster Wheeler Wins Contract For Retrofit-SCR System

Courtesy Foster Wheeler

Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Turun Seudun Energiantuotanto Oy (TSE) for the design, supply and erection of a retrofit-selective catalytic reduction (SCR) system for TSE’s Naantali unit 3 in Finland. Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed, and the contract value will be included in the company’s bookings for the second-quarter of 2014. Commercial operation of the SCR system is scheduled for October 2015.

28 May 2014

Foster Wheeler's Terrace Wall Steam Reformer Heater For Kazakhstan

Foster Wheeler Refining

Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Marubeni Corporation for the engineering and material supply of a new Terrace Wall steam reformer heater, including an air preheating system, for the KazMunayGaz oil refinery located at Atyrau, Republic of Kazakhstan. The value of Foster Wheeler’s contract was not disclosed and was included in the company’s first-quarter 2014 bookings.

06 May 2014

Foster Wheeler Closes Acquisition Of Siemens Environmental Systems And Services

Image

Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has finalized the acquisition of the Siemens Environmental Systems and Services business that supplies and services clean air technologies for use in power plants and industrial facilities. The transaction was closed April 30, 2014. The Siemens Environmental Systems and Services purchase includes assets of the former Wheelabrator Air Pollution Control Company located in Pittsburgh, Pennsylvania and the Advanced Burner Technology Company located in Branchburg, New Jersey.

30 Apr 2014

Foster Wheeler Awarded 2 Contracts For Plant in S. Arabia

Courtesy Foster Wheeler

Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has been awarded two contracts for the design and supply of five steam condensers and thirty feed-water heaters for Saline Water Conversion Corporation’s (SWCC) Yanbu Power and Desalination Plant, Phase 3, located in Saudi Arabia. The contracts were signed with a consortium led by Al-Toukhi Company for Industry, Trade and Construction (AT) for the engineering, procurement and construction (EPC) of the plant.

07 Jan 2010

Struthers President, Kohler Power Systems

Photo courtesy Kohler Co.

Kohler Co.’s Global Power Group has named Jason Struthers as the new president of its Kohler Power Systems business. Struthers has assumed leadership and management responsibilities for Kohler Power Systems, which includes operations in North America and Asia. KPS Sales & Service — doing business in Europe, Middle East and Africa — also falls under the administration of Struthers. With an emphasis on growing sales, profitability and market share, Struthers will focus on enterprise-wide strategic business and process improvement initiatives.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week

Subscribe for Maritime Reporter E-News