Foster Wheeler Awarded EPCM contract for composites manufacturing plant by Owens Corning

07-Jul-14

Foster Wheeler AG subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management contract by Owens Corning for a new composite materials manufacturing facility in Gastonia, North Carolina. The Gastonia operation will support growing customer demand for glass non-woven products serving the global building materials market. Non-woven products feature enhanced aesthetics, mold and fire prevention, and corrosion resistance. Foster Wheeler's contract value was not disclosed. The engineering, procurement and early construction work was included in the company’s first-quarter 2014 bookings and the balance of the construction management scope is expected to be released later in 2014. Foster Wheeler’s scope of work is expected to be completed by the end of 2015.