Foster Wheeler bags Owens Corning FEED Contract North Carolina US

Foster Wheeler bags Owens’ manufacturing facility contract in North Carolina, US

11:57 AM, 3rd July 2014
Foster Wheeler bags Owens Corning FEED Contract North Carolina US

ZUG, SWITZERLAND: Foster Wheeler AG’s subsidiary of Global Engineering and Construction Group has been awarded an engineering, procurement and construction management contract by Owens Corning for a new composite materials manufacturing facility in Gastonia, North Carolina, US. The Gastonia operation will support growing customer demand for glass non-woven products serving the global building materials market. Non-woven products feature enhanced aesthetics, mold and fire prevention, and corrosion resistance.

Foster Wheeler’s contract value was not disclosed. The engineering, procurement and early construction work was included in the company’s first-quarter 2014 bookings and the balance of the construction management scope is expected to be released later in 2014.

“We are very pleased to have been awarded this contract by Owens Corning. This project will be executed by our Cary, NC, team, part of our Process & Industrial (P&I) Division in the U.S. This award reflects the strong relationship our P&I Division has developed with Owens Corning,” said Roberto Penno, Chief Executive Officer, Foster Wheeler Global Engineering and Construction Group.

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