Article
Email Email Print Print
Clip Clip & File

Only on Che.com :: Latest News

March 20, 2014

Foster Wheeler acquires Siemens Environmental Systems

Mary Page Bailey

Foster Wheeler AG (Zug, Switzerland; www.fwc.com) has announced that a subsidiary of its Global Power Group has signed an asset purchase agreement with Siemens Energy, Inc. to acquire the Siemens Environmental Systems and Services business that supplies and services clean air technologies for use in power plants and industrial facilities. Closing of the transaction is subject to customary closing conditions, and is expected in the second quarter of 2014.
 
The Siemens Environmental Systems and Services purchase includes assets of the former Wheelabrator Air Pollution Control Company located in Pittsburgh, Pennsylvania and the Advanced Burner Technology Company located in Branchburg, New Jersey.
 
Combined, these businesses design, engineer, retrofit and service a broad range of clean air technologies for power and industrial plants including: wet and dry fluegas desulfurization (FGD) and particulate control (fabric filters and electrostatic precipitators), acid gas control, mercury control, NOx reduction and combustion optimization systems.
 
“This is a strategic acquisition which expands our capability to offer clean air products and services to our clients in both the power and industrial sectors,” said Gary Nedelka, chief executive officer of Foster Wheeler’s Global Power Group. “It complements our existing portfolio of clean-air products and allows us to provide our clients with a full array of solutions to meet both tightening environmental regulations and the growing demand for energy on a global basis.”

Add a Comment

Name:
Email:
Comments:

Please enter the letters or numbers you see in the image. (refresh)
 
 

Related Stories

LinkedIn Groups

Our LinkedIn group is now over 30,000 members strong!

  1. Join other CPI professionals from all over the globe and share best practices, expertise, concerns and more.
  2. Provide feedback to Chemical Engineering Editors


Current members represent Worley Parsons, DuPont, SABIC, Fluor, Air Products, LyondellBasell, Nalco, Dow Chemical, Dow Corning, BASF, Jacobs Engineering, ExxonMobil, Shell, Chevron and more.

Join Now



We also offer the following subgroup for more targeted discussions:

Tools
Search the Buyers' Guide

Plant Cost Index

Facts at Your Fingertips (archive)

Ask the Experts

Back Issues
X
To access this area, please log in or create an account.
Username:
Password:
Forgot your password?
Request it now.
Processing...
Live chat by BoldChat