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Foster Wheeler builds new facility in Singapore

Foster Wheeler Ltd. announced that its UK subsidiary, Foster Wheeler Energy Limited, and its Singapore subsidiary, Foster Wheeler Asia Pacific Pte. Ltd., both of which are part of its Global Engineering and Construction group, have been awarded a reimbursable engineering, procurement and construction contract by Lucite International Singapore Pte. Ltd. (LISPL) for a new methyl methacrylate (MMA) manufacturing facility to be built on Jurong Island, Singapore.

Lucite International is one of the world's leading manufacturers of acrylic products and owner of the renowned Lucite and Perspex brands.

The terms of the contract were not disclosed, and the project will be included in the company's third-quarter 2006 bookings.

Foster Wheeler has already completed the basic engineering design for this 120,000 tonnes per annum plant. Lucite International has recently marked the start of construction of the new plant with a groundbreaking ceremony held in Singapore in mid-July 2006. The plant is scheduled for commissioning in 2008.



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