January 2003

Trends and Resources

HP Construction: HPIn Construction

FEEP contract in China Foster Wheeler Ltd.'s UK subsidiary has a contract for a front-end loading and engineering package (FEEP) with BASF Aktiengesellschaft and Huntsman International ..

Jackson, Kim M., Hydrocarbon Processing Staff

FEEP contract in China Foster Wheeler Ltd.'s UK subsidiary has a contract for a front-end loading and engineering package (FEEP) with BASF Aktiengesellschaft and Huntsman International LLC. The agreement is for an integrated isocyanates complex in China. Total value is $15.5 million to Foster Wheeler and completion is scheduled for June 2003. The complex, with a $1 billion total investment value, will be built at the Shanghai Chemical Industries Park (SCIP), Caojing, Shanghai. Commercial operation is scheduled for 2006. BASF, Huntsman and four Chinese investors - Shanghai Chlor-Alkali Chemical Co. Ltd, Shanghai Hua Yi

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