Latest Foster Wheeler Ag. (FWLT) Headlines
Foster Wheeler to acquire MDM Engineering Group Limited for USD109m
M2 - 1 hr 53 mins ago
Foster Wheeler AG (Nasdaq:FWLT) (FRA:FWI.F) announced today that one of its indirect wholly owned subsidiaries has entered into a merger implementation agreement (MIA) with MDM Engineering Group Limited (LSE:MDM.L) to acquire all of the ordinary shares and options in issue of MDM Engineering in a cash transaction valued at approximately USD109m.
Foster Wheeler to Acquire MDM Engineering Group Limited
Business Wire - Thu Mar 13, 2:30AM CDT
Foster Wheeler AG (Nasdaq: FWLT) ("Foster Wheeler" or the "Company") announced today that an indirect wholly owned subsidiary of the Company has entered into a merger implementation agreement ("MIA") with MDM Engineering Group Limited (AIM:MDM) ("MDM Engineering") to acquire all of the ordinary shares and options in issue of MDM Engineering in a cash transaction valued at approximately $109 million (the "Transaction").
Prestigious Accolades, New Contracts, and Financial Results - Analyst Notes on Fluor, MasTec, Foster Wheeler, RUGER, and Esterline
PR Newswire - Wed Mar 12, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Fluor Corporation (NYSE: FLR), MasTec, Inc. (NYSE: MTZ), Foster Wheeler AG (NASDAQ: FWLT), Sturm, Ruger & Co. Inc. (NYSE: RGR), and Esterline Technologies Corp. (NYSE: ESL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Foster Wheeler Awarded FEED Contracts by S-OIL Corporation for Residue Upgrading Project in South Korea
Business Wire - Wed Mar 12, 6:30AM CDT
Foster Wheeler AG (Nasdaq:FWLT) announced today that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by S-OIL Corporation for the front-end engineering design (FEED) for a residue upgrading project at S-OIL's Onsan refinery in Ulsan, South Korea.
Foster Wheeler wins LNG terminal design contract in Kuwait
M2 - Wed Mar 05, 6:36AM CST
A engineering and construction company and power equipment supplier, Foster Wheeler AG's (Nasdaq:FWLT) Global Engineering and Construction Group's subsidiary wins the pre-front-end engineering design and the front-end engineering design contract from Kuwait National Petroleum Company (KNPC), for an undisclosed amount.
Foster Wheeler Awarded Contract for an LNG Import and Regasification Terminal in Kuwait
Business Wire - Tue Mar 04, 6:31AM CST
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded the pre-front-end engineering design and the front-end engineering design contract by Kuwait National Petroleum Company (KNPC) for a new onshore LNG import and regasification terminal to be built in Kuwait.
Foster Wheeler Awarded Contract for Two Grate Boilers in Pakistan
Business Wire - Tue Mar 04, 6:30AM CST
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Shanghai Marine Diesel Engine Research Institute (SMDERI) for the design and supply of two grate boilers for Fatima Energy Limited, a subsidiary of Fatima Group. The new 120 MWe co-generation power plant will be located at the Fatima sugar mill in Savawan, Pakistan.
Foster Wheeler Q4 Earnings Misses Ests - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 03, 10:50AM CST
Foster Wheeler AG reported fourth-quarter 2013 adjusted income of $2.8 million or 3 cents per share.
Will This Upgrade Help Foster Wheeler (FWLT) Today?
at The Street - Fri Feb 28, 9:02AM CST
UBS increased its target price on Foster Wheeler (FWLT) to $33, increased its EPS estimate and set a "neutral" rating. The firm noted E&C bookings are healthy and power bookings better than expected.
Foster Wheeler announces dividend of USD0.40 per share
M2 - Fri Feb 28, 4:43AM CST
The board of directors of Foster Wheeler AG (Nasdaq:FWLT), a Swiss engineering and construction company and power equipment supplier, approved the payment of a cash dividend of USD0.40 per registered share, subject to approval by the company's shareholders at the annual general meeting on 7 May 2014, it revealed on Thursday.
Foster Wheeler Cash Dividend
Business Wire - Thu Feb 27, 5:50AM CST
Foster Wheeler AG (Nasdaq:FWLT) announced today that its board of directors has recommended the payment of a cash dividend of $0.40 per registered share, subject to approval by the company's shareholders at the company's annual general meeting, to be held on May 7, 2014.
Foster Wheeler Reports Results for Fourth Quarter and Full Year of 2013
Business Wire - Thu Feb 27, 5:45AM CST
--Second consecutive quarter of record-level scope backlog in Global E&C Group
Global Syngas Market 2014-2018: Many Drivers Contributing to the Growth of the Global Syngas Market Says Study
M2 - Fri Feb 21, 9:20AM CST
Research and Markets (http://www.researchandmarkets.com/research/n5hrt8/global_syngas) has announced the addition of the "Global Syngas Market 2014-2018" report to their offering. The analysts forecast the Global Syngas market to grow at a CAGR of 8.54 percent over the period 2013-2018. One of the key factors contributing to this market growth is the flexibility in feedstock for production. The Global Syngas market has also been witnessing increasing investments in R&D. However, the increase in vendor competition could pose a challenge to the growth of this market. Key vendors dominating this space are BASF SE, Kellogg, Brown, and Root Inc., Methanex Corp., Royal Dutch Shell plc, and Yara International SA. Other vendors mentioned in the report are Agrium Inc., Air Products and Chemicals Inc., Biomethanol Chemie Nederland B.V., CF Industries Holdings Inc., Chicago Bridge and Iron Co., ConocoPhillips Co., Dow Chemical Co., Foster Wheeler AG, General Electric Co., Haldor Topsoe A/S, KT - Kinetics Technology S.p.A, L'Air Liquide SA, Linc Energy Ltd., Mitsubishi Heavy Industries Ltd., OXEA GmbH, Sasol Ltd., Siemens AG, SynGas Technology LLC, Technip SA, and The Linde Group. Commenting on the report, an analyst from the team said: The Global Syngas market is expected to witness higher consumption from the APAC region during the forecast period. Consumption in the APAC region is expected to be the highest compared to other regions such as North America. This is primarily due to increase in population leading to a greater demand for fuel and electricity. With thriving economies such as India and China posting high GDP growth rates, the demand for syngas and its chemical derivatives from industries is also expected to increase substantially during the forecast period. Moreover, several vendors are expected to set up production facilities to cater for such demands. For more information visit http://www.researchandmarkets.com/research/n5...bal_syngas About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Concise Analysis of the Circulating Fluidized Bed (CFB) Boilers Market - Forecasts to 2018
M2 - Fri Feb 21, 4:47AM CST
Research and Markets (http://www.researchandmarkets.com/research/zw66rb/circulating) has announced the addition of the "Concise Analysis of the Circulating Fluidized Bed (CFB) Boilers Market - Forecasts to 2018" report to their offering. Circulating Fluidized Bed (CFB) boilers have witnessed substantial growth over the past couple of years owing to the increased need for power coupled with stricter emission norms which resulted in the need for cleaner methods of power generation. CFB boilers, due to their lower operating temperatures reduce the emission of gases such as sulfur dioxide, carbon dioxide and nitrogen dioxide. Furthermore, the reducing resource availability of fossil fuels such as coal has led to the development of CFB boilers which operate on a variety of fuels in addition to coal. The report forecasts and analyzes the CFB boilers market on a global and regional level. The forecast is based on installed capacity (GWe) of CFB boilers for the period ranging from 2012 to 2018. The study consists of the drivers and restraints of the CFB boilers market and their impact on the growth of the market during the mentioned time period. In addition, the study highlights opportunities available for the market on a regional and global level and its impact during the above mentioned time period. For better understanding of the CFB boilers market, we have given a detailed analysis of the value chain. A comprehensive Porter's five forces model offers a better understanding of the intensity of competition present in the market. Furthermore, the study comprises of a market attractiveness analysis, where the applications are benchmarked based on their scope, growth rate and general attractiveness. Key Topics Covered: 1 Preface 2 Executive Summary 3 Market Overview 4 GlobalCirculating Fluidized Bed (CFB) Boilers Market: Product Segment Analysis 5 Global Circulating Fluidized Bed (CFB) Boilers Market: Application Analysis 6 Global Circulating Fluidized Bed (CFB) Boilers Market: Regional Analysis 7 Company profiles Companies Mentioned: - Alfa Laval Aalborg - Alstom - AE&E Nanjing Boiler - Babcock and Wilcox - BHEL - DongFang Boiler - Doosan Heavy Industries and Construction - Formosa Heavy Industries - Foster Wheeler - Harbin Boiler - Metso - Mitsubishi Heavy Industries Ltd. - Shanghai Boiler Works - Thermax For more information visit http://www.researchandmarkets.com/research/zw...irculating
Chicago Bridge Wins $370M Deal in Kuwait - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 20, 6:30PM CST
Chicago Bridge & Iron Company N.V. recently announced that its joint venture with Petrofac International Ltd. and Samsung Engineering Co., Ltd. has received a contract from Kuwait National Petroleum Co. (KNPC).
Statoil Petroleum Awards Snohvit Study to Foster Wheeler
Close-Up Media - Thu Feb 20, 12:21AM CST
Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Statoil Petroleum AS to perform a study for the Snohvit Improvement Project 2 at Melkoya, 450 kilometers north of the Arctic Circle in Norway.
Foster Wheeler signs collaboration agreement with Tecnimont
M2 - Wed Feb 19, 6:40AM CST
Foster Wheeler AG (Nasdaq:FWLT), an engineering and construction company and power equipment supplier based in Switzerland, revealed on Tuesday that its Global Engineering and Construction Groups' subsidiary Foster Wheeler USA Corporation signed a collaboration agreement with Tecnimont USA Inc, a subsidiary of Maire Tecnimont SpA.
Contract Wins Continue for Foster Wheeler - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 18, 4:40PM CST
Foster Wheeler AG recently announced that its subsidiary Global Engineering and Construction Group have received a study contract from Statoil Petroleum AS, subsidiary of Statoil ASA.
Fluor Wins EPC Project in Kuwait - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 18, 1:20PM CST
Fluor Corporation recently announced that its joint venture with Daewoo Engineering & Construction and Hyundai Heavy Industries has received a contract by Kuwait National Petroleum Co. (KNPC).
Foster Wheeler Signs Collaboration Agreement with Tecnimont for North American Chemicals Projects
Business Wire - Tue Feb 18, 6:30AM CST
Foster Wheeler AG (Nasdaq:FWLT) announced today that Foster Wheeler USA Corporation, a subsidiary of its Global Engineering and Construction Group, has signed a collaboration agreement with Tecnimont USA Inc., a subsidiary of Maire Tecnimont S.p.A., for front-end engineering (FEED) design, detailed engineering, procurement and construction (EPC) of petrochemicals, chemicals and fertilizer facilities in the United States, Canada, and Mexico.
Foster Wheeler to acquire MDM Engineering Group Limited for USD109m
M2 - 1 hr 53 mins ago
Foster Wheeler AG (Nasdaq:FWLT) (FRA:FWI.F) announced today that one of its indirect wholly owned subsidiaries has entered into a merger implementation agreement (MIA) with MDM Engineering Group Limited (LSE:MDM.L) to acquire all of the ordinary shares and options in issue of MDM Engineering in a cash transaction valued at approximately USD109m.
Foster Wheeler to Acquire MDM Engineering Group Limited
Business Wire - Thu Mar 13, 2:30AM CDT
Foster Wheeler AG (Nasdaq: FWLT) ("Foster Wheeler" or the "Company") announced today that an indirect wholly owned subsidiary of the Company has entered into a merger implementation agreement ("MIA") with MDM Engineering Group Limited (AIM:MDM) ("MDM Engineering") to acquire all of the ordinary shares and options in issue of MDM Engineering in a cash transaction valued at approximately $109 million (the "Transaction").
Prestigious Accolades, New Contracts, and Financial Results - Analyst Notes on Fluor, MasTec, Foster Wheeler, RUGER, and Esterline
PR Newswire - Wed Mar 12, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Fluor Corporation (NYSE: FLR), MasTec, Inc. (NYSE: MTZ), Foster Wheeler AG (NASDAQ: FWLT), Sturm, Ruger & Co. Inc. (NYSE: RGR), and Esterline Technologies Corp. (NYSE: ESL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Foster Wheeler Awarded FEED Contracts by S-OIL Corporation for Residue Upgrading Project in South Korea
Business Wire - Wed Mar 12, 6:30AM CDT
Foster Wheeler AG (Nasdaq:FWLT) announced today that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by S-OIL Corporation for the front-end engineering design (FEED) for a residue upgrading project at S-OIL's Onsan refinery in Ulsan, South Korea.
Foster Wheeler wins LNG terminal design contract in Kuwait
M2 - Wed Mar 05, 6:36AM CST
A engineering and construction company and power equipment supplier, Foster Wheeler AG's (Nasdaq:FWLT) Global Engineering and Construction Group's subsidiary wins the pre-front-end engineering design and the front-end engineering design contract from Kuwait National Petroleum Company (KNPC), for an undisclosed amount.
Foster Wheeler Awarded Contract for an LNG Import and Regasification Terminal in Kuwait
Business Wire - Tue Mar 04, 6:31AM CST
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded the pre-front-end engineering design and the front-end engineering design contract by Kuwait National Petroleum Company (KNPC) for a new onshore LNG import and regasification terminal to be built in Kuwait.
Foster Wheeler Awarded Contract for Two Grate Boilers in Pakistan
Business Wire - Tue Mar 04, 6:30AM CST
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Shanghai Marine Diesel Engine Research Institute (SMDERI) for the design and supply of two grate boilers for Fatima Energy Limited, a subsidiary of Fatima Group. The new 120 MWe co-generation power plant will be located at the Fatima sugar mill in Savawan, Pakistan.
Foster Wheeler Q4 Earnings Misses Ests - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 03, 10:50AM CST
Foster Wheeler AG reported fourth-quarter 2013 adjusted income of $2.8 million or 3 cents per share.
Will This Upgrade Help Foster Wheeler (FWLT) Today?
at The Street - Fri Feb 28, 9:02AM CST
UBS increased its target price on Foster Wheeler (FWLT) to $33, increased its EPS estimate and set a "neutral" rating. The firm noted E&C bookings are healthy and power bookings better than expected.
Foster Wheeler announces dividend of USD0.40 per share
M2 - Fri Feb 28, 4:43AM CST
The board of directors of Foster Wheeler AG (Nasdaq:FWLT), a Swiss engineering and construction company and power equipment supplier, approved the payment of a cash dividend of USD0.40 per registered share, subject to approval by the company's shareholders at the annual general meeting on 7 May 2014, it revealed on Thursday.
Foster Wheeler Cash Dividend
Business Wire - Thu Feb 27, 5:50AM CST
Foster Wheeler AG (Nasdaq:FWLT) announced today that its board of directors has recommended the payment of a cash dividend of $0.40 per registered share, subject to approval by the company's shareholders at the company's annual general meeting, to be held on May 7, 2014.
Foster Wheeler Reports Results for Fourth Quarter and Full Year of 2013
Business Wire - Thu Feb 27, 5:45AM CST
--Second consecutive quarter of record-level scope backlog in Global E&C Group
Global Syngas Market 2014-2018: Many Drivers Contributing to the Growth of the Global Syngas Market Says Study
M2 - Fri Feb 21, 9:20AM CST
Research and Markets (http://www.researchandmarkets.com/research/n5hrt8/global_syngas) has announced the addition of the "Global Syngas Market 2014-2018" report to their offering. The analysts forecast the Global Syngas market to grow at a CAGR of 8.54 percent over the period 2013-2018. One of the key factors contributing to this market growth is the flexibility in feedstock for production. The Global Syngas market has also been witnessing increasing investments in R&D. However, the increase in vendor competition could pose a challenge to the growth of this market. Key vendors dominating this space are BASF SE, Kellogg, Brown, and Root Inc., Methanex Corp., Royal Dutch Shell plc, and Yara International SA. Other vendors mentioned in the report are Agrium Inc., Air Products and Chemicals Inc., Biomethanol Chemie Nederland B.V., CF Industries Holdings Inc., Chicago Bridge and Iron Co., ConocoPhillips Co., Dow Chemical Co., Foster Wheeler AG, General Electric Co., Haldor Topsoe A/S, KT - Kinetics Technology S.p.A, L'Air Liquide SA, Linc Energy Ltd., Mitsubishi Heavy Industries Ltd., OXEA GmbH, Sasol Ltd., Siemens AG, SynGas Technology LLC, Technip SA, and The Linde Group. Commenting on the report, an analyst from the team said: The Global Syngas market is expected to witness higher consumption from the APAC region during the forecast period. Consumption in the APAC region is expected to be the highest compared to other regions such as North America. This is primarily due to increase in population leading to a greater demand for fuel and electricity. With thriving economies such as India and China posting high GDP growth rates, the demand for syngas and its chemical derivatives from industries is also expected to increase substantially during the forecast period. Moreover, several vendors are expected to set up production facilities to cater for such demands. For more information visit http://www.researchandmarkets.com/research/n5...bal_syngas About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Concise Analysis of the Circulating Fluidized Bed (CFB) Boilers Market - Forecasts to 2018
M2 - Fri Feb 21, 4:47AM CST
Research and Markets (http://www.researchandmarkets.com/research/zw66rb/circulating) has announced the addition of the "Concise Analysis of the Circulating Fluidized Bed (CFB) Boilers Market - Forecasts to 2018" report to their offering. Circulating Fluidized Bed (CFB) boilers have witnessed substantial growth over the past couple of years owing to the increased need for power coupled with stricter emission norms which resulted in the need for cleaner methods of power generation. CFB boilers, due to their lower operating temperatures reduce the emission of gases such as sulfur dioxide, carbon dioxide and nitrogen dioxide. Furthermore, the reducing resource availability of fossil fuels such as coal has led to the development of CFB boilers which operate on a variety of fuels in addition to coal. The report forecasts and analyzes the CFB boilers market on a global and regional level. The forecast is based on installed capacity (GWe) of CFB boilers for the period ranging from 2012 to 2018. The study consists of the drivers and restraints of the CFB boilers market and their impact on the growth of the market during the mentioned time period. In addition, the study highlights opportunities available for the market on a regional and global level and its impact during the above mentioned time period. For better understanding of the CFB boilers market, we have given a detailed analysis of the value chain. A comprehensive Porter's five forces model offers a better understanding of the intensity of competition present in the market. Furthermore, the study comprises of a market attractiveness analysis, where the applications are benchmarked based on their scope, growth rate and general attractiveness. Key Topics Covered: 1 Preface 2 Executive Summary 3 Market Overview 4 GlobalCirculating Fluidized Bed (CFB) Boilers Market: Product Segment Analysis 5 Global Circulating Fluidized Bed (CFB) Boilers Market: Application Analysis 6 Global Circulating Fluidized Bed (CFB) Boilers Market: Regional Analysis 7 Company profiles Companies Mentioned: - Alfa Laval Aalborg - Alstom - AE&E Nanjing Boiler - Babcock and Wilcox - BHEL - DongFang Boiler - Doosan Heavy Industries and Construction - Formosa Heavy Industries - Foster Wheeler - Harbin Boiler - Metso - Mitsubishi Heavy Industries Ltd. - Shanghai Boiler Works - Thermax For more information visit http://www.researchandmarkets.com/research/zw...irculating
Chicago Bridge Wins $370M Deal in Kuwait - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 20, 6:30PM CST
Chicago Bridge & Iron Company N.V. recently announced that its joint venture with Petrofac International Ltd. and Samsung Engineering Co., Ltd. has received a contract from Kuwait National Petroleum Co. (KNPC).
Statoil Petroleum Awards Snohvit Study to Foster Wheeler
Close-Up Media - Thu Feb 20, 12:21AM CST
Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Statoil Petroleum AS to perform a study for the Snohvit Improvement Project 2 at Melkoya, 450 kilometers north of the Arctic Circle in Norway.
Foster Wheeler signs collaboration agreement with Tecnimont
M2 - Wed Feb 19, 6:40AM CST
Foster Wheeler AG (Nasdaq:FWLT), an engineering and construction company and power equipment supplier based in Switzerland, revealed on Tuesday that its Global Engineering and Construction Groups' subsidiary Foster Wheeler USA Corporation signed a collaboration agreement with Tecnimont USA Inc, a subsidiary of Maire Tecnimont SpA.
Contract Wins Continue for Foster Wheeler - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 18, 4:40PM CST
Foster Wheeler AG recently announced that its subsidiary Global Engineering and Construction Group have received a study contract from Statoil Petroleum AS, subsidiary of Statoil ASA.
Fluor Wins EPC Project in Kuwait - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 18, 1:20PM CST
Fluor Corporation recently announced that its joint venture with Daewoo Engineering & Construction and Hyundai Heavy Industries has received a contract by Kuwait National Petroleum Co. (KNPC).
Foster Wheeler Signs Collaboration Agreement with Tecnimont for North American Chemicals Projects
Business Wire - Tue Feb 18, 6:30AM CST
Foster Wheeler AG (Nasdaq:FWLT) announced today that Foster Wheeler USA Corporation, a subsidiary of its Global Engineering and Construction Group, has signed a collaboration agreement with Tecnimont USA Inc., a subsidiary of Maire Tecnimont S.p.A., for front-end engineering (FEED) design, detailed engineering, procurement and construction (EPC) of petrochemicals, chemicals and fertilizer facilities in the United States, Canada, and Mexico.
