Product category:
Design and Development Consultancy
News Release from: Foster Wheeler
Edited by the Engineeringtalk Editorial
Team on 29 January 2007
Indian refinery to be one of the biggest
Foster Wheeler Energy and Foster Wheeler India have been awarded services contracts by Indian Oil Corporation for the Paradip Refinery Project.
Foster Wheeler Energy and Foster Wheeler India have been awarded services contracts by Indian Oil Corporation (IOC) for the Paradip Refinery Project, which is expected to be one of the largest integrated refinery petrochemicals complexes in India This world-scale facility, comprising a new export refinery and petrochemicals complex, will be built in Orissa State
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
Designers shortlisted at plastics awards
AME Productdevelopmentsolutions was short listed as one of six finalists from over 70 applicants in the Product Design of the Year category at this year's prestigious PIA Awards
The terms of the contracts were not disclosed, and the projects will be included in the company's first-quarter 2007 bookings.
Foster Wheeler's scope includes the front-end engineering design (FEED), preparation of cost estimates and the overall project strategy, and supervision of early works on site up to financial investment decision for the refinery, which is expected in mid-2008.
The planned new refinery, with a crude processing capacity of 15 million tonnes per annum, will include a fluidised catalytic cracking unit, an aromatics complex and a polypropylene unit.
The new complex will ultimately produce 700,000 tonnes per annum of polypropylene, 1.2 million tonnes per annum of paraxylene, 600,000 tonnes per annum of styrene monomer, along with 10.5 million tonnes per annum of refined petroleum products.
This award also includes a detailed feasibility study for Phase 2 of the development, the Paradip Naphtha Cracker Project.
"Foster Wheeler is very pleased to be awarded this strategically important project", said Steve Davies, Chairman and Chief Executive Officer, Foster Wheeler Energy.
"This award reflects our in-depth expertise in refining and petrochemicals and in the successful integration of refining and petrochemicals production".
"We have been active in the Indian market for over seventy years and it remains a very important market for Foster Wheeler".
"We look forward to working with IOCL to deliver a high quality FEED which meets or exceeds our client's expectations".
• 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
