Isocyanates are used in the production of polyurethanes which have a wide range of uses in the plastics industry.
Under the contract, Foster Wheeler will be responsible for the front-end engineering, technology licensor management and development of the project schedule and cost estimates.
The FEED phase of the project is scheduled for completion in the third quarter of 2001, with the complete project scheduled for mechanical completion by the fourth-quarter of 2013.
Foster Wheeler interim CEO Umberto della Sala said the company worked with Huntsman on the original development of this facility and will bring this wealth of experience to the planned expansion.
Huntsman is a US based manufacturer and marketer of differentiated chemicals.
