13 June 2013 07:30 [Source: ICIS news]
SINGAPORE (ICIS)--Foster Wheeler said on Thursday it has agreed with Swiss specialty chemicals maker Clariant and China-based Wison Engineering to build a pilot plant in China which will demonstrate its substitute natural gas (SNG) technology.
The pilot plant, which will use Foster Wheeler’s VESTA SNG technology, is scheduled to come on stream during 2013 and will be operated by Wison Engineering, the company said in a statement.
Under the agreement, Wison Engineering will provide engineering and construction services, Foster Wheeler will license the technology, and Clariant will supply the proprietary developed catalyst, it said.
“The cooperation agreement also sets out a framework for long-term cooperation to deliver and build methanation plants in China based on VESTA technology,” Foster Wheeler added.
“By leveraging Foster Wheeler’s global expertise and technological strength as well as Clariant’s strong innovation in catalyst technology, we’ll continue to build up our capabilities in coal-to-chemical sector and will be well-positioned to seize the favourable market opportunities in the domestic and overseas markets,” added Liu Haijun, senior vice president of Wison Engineering.
Financial details of the agreement were not disclosed.
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