Business & Economics :: Latest News
May 13, 2008
Foster Wheeler to supply CFB gasifier for BTL pilot plant
Foster Wheeler Ltd. (Hamilton, Bermuda; www.fwc.com
) announced today that its Finnish subsidiary Foster Wheeler Energia Oy, part of its Global Power Group, has been awarded a contract by NSE Biofuels Oy Ltd. for a circulating fluidized-bed (CFB) biomass gasifier to be located in Varkaus, Finland. NSE Biofuels Oy Ltd. is a joint venture (JV) owned 50/50 by Stora Enso Oyj and Neste Oil Corp. (www.nesteoil.com
Foster Wheeler’s scope includes an oxygen/steam gasifier and gas treatment equipment. The plant utilizes Foster Wheeler’s fuel-flexible CFB gasification technology to convert a wide spectrum of biomass into a clean syngas to be used in a gas to liquids (Fischer-Tropsch) process to produce feedstock for renewable diesel from biomass/wood residue-based gas. The gasification and syngas cleaning system is part of NSE’s new-generation renewable diesel demonstration plant at Stora Enso’s Varkaus Mill in Finland.
Foster Wheeler has received a full notice to proceed on this contract. The terms of the award were not disclosed, and the contract will be included in the company’s bookings for the second quarter of 2008. The plant is expected to start up in early 2009 and will be integrated into the energy infrastructure of the Stora Enso Varkaus Mill.
Foster Wheeler and the JV partners have also agreed in principle for further co-operation, aiming for delivery of a commercial-scale production plant to be located at one of Stora Enso’s mills.
“This project is a major step forward in the development of technologies to reduce CO2 emissions,” said Tomas Harju-Jeanty, president and chief executive officer of Foster Wheeler Energia Oy. “With our world-leading biomass gasifying technology, we are excited to be a key player in this project led by Stora Enso and Neste Oil which uses wood-based biomass for production of biofuels, thereby reducing the use of fossil fuels in transportation.”