Foster Wheeler bags World Bank’s carbon capture contract in China

Foster Wheeler bags World Bank’s carbon capture contract in China

10:28 AM, 7th November 2012
Foster Wheeler bags World Bank’s carbon capture contract in China

ZUG, SWITZERLAND: Foster Wheeler AG’s Global Engineering and Construction group subsidiary has been awarded a contract by The World Bank Group to provide consulting services in the field of carbon capture and transportation in China. Foster Wheeler’s scope of work is expected to be completed in June 2013. The value of the award was not disclosed.

The World Bank has launched an analytical and advisory assistance programme in China in order to build the country’s understanding of, and capacity for, application of carbon capture and storage (CCS).

Foster Wheeler will support this programme, which is financed by the World Bank under its CCS Trust Fund, whose goal is to build know-how and capability for this technology in developing countries. The main objective for Foster Wheeler under its contract is to strengthen the CCS and transportation know-how of the China Power Investment Corporation (CPI), one of the largest power producers in China, and of relevant government institutions.

© WOC News

 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Chemical firms support hurricane Sandy relief work

SINGAPORE: As relief work is going on in the areas affected by hurricane Sandy, chemical firms are supporting the ongoing efforts. Some of the firms a ...

Read more
Air Products to supply ASU to two oxygen plants in Zambia

LUSAKA, ZAMBIA: Air Products has been awarded the contract to supply two oxygen plants at the site of a copper smelter being built in Zambia by Kansan ...

Read more
Methane derived carbon not used as a carbon source

MUNICH, GERMANY: Methane is formed under the absence of oxygen by natural biological and physical processes, eg in the sea floor. It is a much more po ...

Read more
INEOS Bio produces renewable power, uses BioEnergy technology

VERO BEACH, US: INEOS New Planet BioEnergy (INPB), joint-venture project of INEOS Bio, is producing renewable power using INEOS Bio’s feedstock ...

Read more
Lanxess to hike proportion of women in mid-level, upper management

LEVERKUSEN, GERMANY: Lanxess is introducing a global corporate target for the medium term to increase the proportion of women in mid-level and upper m ...

Read more
Gulf Oil acquires Houghton International for $1.045 billion

NEW DELHI, INDIA: Hinduja group firm Gulf Oil Corporation Ltd said on 5 November 2012 that it is fully acquiring US-based Houghton International for $ ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X