Foster Wheeler to Supply CFB Boiler Island in Poland(FWLT)

Foster Wheeler AG FWLT announced today that a subsidiary of its Global Power Group has been awarded a contract by Polimex-Mostostal S.A. for the design, supply and erection of a 50 MWe (gross megawatt electric) circulating fluidized-bed (CFB) boiler island for the Bielsko-Biała Heat and Power Station in Poland, which is owned by Południowy Koncern Energetyczny (PKE). 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 2010. Commercial operation of the new steam generator is scheduled for the middle of 2013.