Switzerland-based Foster Wheeler said that Foster Wheeler USA, part of its global engineering and construction group, has won a project management consultancy (PMC) contract from Carbon Holdings for a petrochemical complex in Ain Sokhna, Egypt.
The company said that the petrochemical facility will have a nameplate capacity to produce 1.35 million tons per annum of polyethylene.
Foster Wheeler will provide technical support and consulting services to Carbon Holdings through financial close, estimated to be late 2011.
Foster Wheeler will book the full scope of the PMC award, which includes overseeing the activities of the selected engineering, procurement and construction contractor and subcontractors.
The facility is expected to come on-stream in 2015.
Carbon Holdings chief investment officer Charles Garfinkel said that Foster Wheeler was awarded the PMC after a bidding process in which the firm clearly demonstrated its capabilities as a leading supplier of project management services for major petrochemicals complexes.