Tecnimont, Foster Wheeler collaborate on petchem, ferts projects

18 February 2014 09:08  [Source: ICIS news]

SINGAPORE (ICIS)--Italy’s Maire Tecnimont said on Tuesday its US subsidiary and Foster Wheeler have agreed to collaborate on petrochemicals, chemicals and fertilizer projects in the US, Canada and Mexico.

The collaboration agreement signed between Tecnimont USA and Foster Wheeler covers front-end engineering design (FEED), detailed engineering, procurement and construction (EPC) of the projects, the Italian engineering firm said in a statement.

Foster Wheeler is a known FEED and EPC contractor in North America, while Tecnimont has a leading track record in technology-driven chemicals sectors, particularly in polyolefins, Maire Tecnimont said.

“This agreement represents a further step in the implementation of Maire Tecnimont Group’s strategy in the booming North American market,” company CEO Pierroberto Folgiero said, citing “the shale gas revolution is reshaping the geography of the global downstream industry”.


By: Pearl Bantillo
+65 6780 4359



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly