Foster Wheeler wins contract

Foster Wheeler has announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Petron Corp. (Petron) for the Petron Refinery Master Plan-2 Project in Bataan, Philippines. Foster Wheeler will execute detailed engineering and procurement services for the delayed coker unit (DCU), including the engineering and material supply of two double-fired Terrace Wall coker heaters.
The DCU will have a design capacity of 37,500 barrels per stream day and is a key part of this significant refinery upgrade. Foster Wheeler’s SYDEC process is a thermal conversion process used by refiners worldwide to upgrade heavy residue feed and process it into high value transport fuels. The SYDEC process can be designed to maximize clean liquid yields while minimizing fuel coke yields from high sulfur residues. By installing a SYDEC unit, a refinery owner is able to process heavier crudes, which sell at a discount to the benchmark light, sweet crudes, thereby allowing the owner to receive the benefit of increased refining margins.
 
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