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Foster Wheeler Power Systems, Inc. (forms company to build Chile refinery) (Brief Article)
Foster Wheeler Power Systems, Inc. and PETROX, a Chilean state petroleum organization, have formed a company to develop a "bottom of the barrel" refinery processing and cogeneration project in Chile.
The new complex will be located adjacent to the existing PETROX refinery at Talcahuano, Chile. The PETROX refinery is one of the two operating refineries in Chile, both of which are owned by Empresa Nacional de Petroleo (ENAP), the national petroleum organization.
The newly-formed company, Petro Power Ltd., will perform the final feasibility study for the $180-million complex. Foster Wheeler Power Systems, Inc., the project-financing subsidiary of Foster Wheeler …
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