With this Singapore track record and our UK operation's in-depth knowledge of the Chinese EO/MEG plant, company is uniquely positioned to build on own demanding high standards and our excellent working relationship with Shell to deliver this new EO/MEG plant and the refinery modifications safely and successfully.
The new EO/MEG plant, scheduled for completion in 2009, will use feedstock from Shell's proposed ethylene cracker located on neighboring Bukom Island. Both the cracker and the EO/MEG plant are part of an overall investment program, which includes integration of the new facilities with Shell's existing refinery at Bukom to capture the benefits of oil-chemicals integration.
The Bukom refinery modifications, which will provide feedstock to the proposed ethylene cracker, are also due for completion in 2009. The proposed modifications include revamp of existing units, addition of new units, new and revamped tankage facilities, plus tie-ins and interconnections.
Foster Wheeler mission is to be the best. Foster Wheeler Corporation, was formed in 1927 from a merger of the Power Speciality Company (which replaced Water Works Supply Company, created by the Foster family in 1884) and the Wheeler Condenser & Engineering Company, whose roots go back to 1891.
Shell is a global group of energy and petrochemical companies. The aim of the Shell Group is to meet the energy needs of society, in ways that are economically, socially and environmentally viable, now and in the future.