Foster Wheeler Corporation announced today that its subsidiary, Foster Wheeler Energia Oy, was awarded a contract by Vattenfall Oy to supply a bubbling fluidized-bed boiler and two natural gas-fired auxiliary boilers for a new Vattenfall Oy power plant in Myllykoski, Finland.
Under terms of the contract, valued at approximately $16 million, Foster Wheeler Energia Oy will supply an 80 MWth biofueled bubbling fluidized-bed boiler and two 45 MWth natural-gas fired auxiliary boilers for the plant, which will produce heat and power for a paper mill of Myllykoski Paper.
The Foster Wheeler bubbling fluidized-bed boiler will be fueled primarily by bark, forest residue and sludge from the paper mill.
Work on the project will start immediately and it is scheduled for completion early in 2001. The power plant will be built and owned by Vattenfall Oy, a Finnish subsidiary of Vattenfall AB, Sweden's largest utility company.
Notes to Editors:
1. Foster Wheeler Energia Oy, based in Finland, is an operating
company of United States-based Foster Wheeler Energy
International, Inc., which designs and fabricates
steam-generating equipment for electric utilities, industrial
users and public authorities and is the leading global supplier
of CFBs.
2. Foster Wheeler Corporation is a global company offering, through
its subsidiaries, a broad range of design, engineering,
construction, manufacturing, project development and management,
research, plant operations and environmental services. The
Corporation's headquarters are at Clinton, N.J. For more
information about Foster Wheeler, visit our World-Wide Web site
at www.fwc.com
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