Product category:
Design and Development Consultancy
News Release from: Foster Wheeler
Edited by the Engineeringtalk Editorial
Team on 25 September 2006
Doosan signs for fluidised bed licence
Foster Wheeler has entered into a 15-year agreement with Doosan Heavy Industries and Construction to provide a technology licence for subcritical pressure CFB steam generator projects.
Foster Wheeler North America Corp has entered into a 15-year agreement with Doosan Heavy Industries and Construction to provide a technology licence for subcritical pressure circulating fluidised-bed (CFB) steam generator projects in Korea, the Indian subcontinent and certain other regions The agreement also contemplates Foster Wheeler collaborating with Doosan on certain engineering, procurement, and construction opportunities
This article was originally published on Engineeringtalk on 2 Feb 2001 at 8.00am (UK)
Related stories
Industrial designers with an impressive skill base
Designsolutions currently comprises a team of six industrial designers with an impressive skill base and vision that is already proving very attractive to a variety of clients
The value of the initial fees will be included in the company's third-quarter 2006 bookings, and future royalty payments will be recorded over the life of the agreement.
As a pioneer in the commercial use of fluidised-bed technology, Foster Wheeler has maintained its leadership with its innovative designs for CFB steam generators.
Foster Wheeler's leading CFB technology offers Doosan a flexible option for the clean combustion of a wide variety of fuels in the growing power markets in which they will participate.
"This agreement opens up additional markets for Foster Wheeler in Korea, India and elsewhere in Asia and reinforces our overall capability and cost-competitiveness for projects worldwide", said David J Parham, Executive Vice President, Global Sales and Marketing, Foster Wheeler Global Power Group.
"This agreement is of strategic importance to both Foster Wheeler and Doosan Heavy Industries and Construction".
• Foster Wheeler: contact details and other news
• Email this article to a colleague
• Register for the free Engineeringtalk email newsletter
• Engineeringtalk Home Page
Search the Pro-Talk network of sites
