Foster Wheeler Awarded Contract in Vietnam

Foster Wheeler AG FWLT announced today that a subsidiary of its Global Power Group signed a contract with Shanghai Boiler Works, Ltd. for cooperation in the design of two pulverized coal steam generators for the Vinh Tan II Project for Vietnam Electricity. Shanghai Electric Group Company Limited, the parent company of Shanghai Boiler Works, Ltd., is the engineering, procurement and construction contractor for the project which will be located in the Binh Thuan Province of South Vietnam.