Roberto Penno, CEO of Foster Wheeler, has commented about the collaboration, “Delivering growth in the North American gas monetization market is a key strategic objective of Foster Wheeler. We have already achieved a number of key wins in this sector, and this outstanding combination of the technical and project delivery skills of Foster Wheeler and Tecnimont is designed to position us strongly in key growth sectors in this market.”
It has been announced that Foster Wheeler USA Corporation and Tecnimont USA Inc., have signed a collaboration agreement for front-end engineering (FEED) design, detailed engineering, procurement and construction (EPC) of petrochemicals, chemicals and fertilizer facilities across the US, Canada and Mexico.
The two companies have an agreement to collaborate in pursuing specific opportunities for new plant facilities, as well as revamping existing ones. The collaboration intends to provide customers with added value by combining their world-class skill-sets. Foster Wheeler has extensive experience in the global petrochemical arena. Tecnimont also has a solid background in technology-driven chemicals sectors, such as olefins, fertilizers and polyolefins.