Foster Wheeler Ltd has received a contract for the first phase of the modification of New Zealand Refining Co.’s refinery to comply with that country’s clean-fuels legislation.
The company said the two-stage project has an investment value of more than USD 75 million. A Foster Wheeler spokesman said the company will bid on the second-phase pact, which constitutes a “considerable” portion of the project’s total value. In the first phase, Foster Wheeler’s Thailand office will help the refinery develop a master plan for new processing units for hydro-desulphurisation, benzene removal and hydrogen separation, as well as for the revamping of existing facilities. Start-up of the new facility is set for mid-2005. Foster Wheeler expects the second-phase contract, covering the engineering, procurement and construction phase of the project, to be awarded later this year. New Zealand’s clean-fuels legislation requires reduced sulphur levels in automotive diesel fuel, and reduced benzene, sulphur and aromatics content in motor gasoline by 2006.
Looking for more projects or tenders?
Subscribe to our Project Preview Newsletter
