Foster Wheeler Wins Feed Contract from Huntsman for Chemicals Project in China

Foster Wheeler AG FWLT announced today that its Global Engineering and Construction Group has received a contract from Huntsman BVBA to undertake the front-end engineering design for the expansion of Huntsman's Isocyanates Facility at Caojing, in Shanghai, People's Republic of China. Isocyanates are used in the production of polyurethanes which have a wide range of uses in the plastics industry. The Foster Wheeler contract value for this project was not disclosed and will be included in the company's first-quarter 2011 bookings.