Foster Wheeler AG (Nasdaq: FWLT) announced today that its Global Engineering and Construction Group has received a “Special Award” from The Kuwait Olefins Company (K.S.C.C.) (TKOC) for its outstanding performance in executing the engineering and procurement for the grassroots ethylene glycol unit (EG2) designed and built at Shuaiba Industrial Area, Kuwait, as part of the Olefins 2 Kuwait (OL2K) Project.

The new world-scale ethylene glycol unit, with a total capacity of 600,000 tonnes per year, was successfully started-up in July 2008.

During the late 1990s Foster Wheeler Italiana successfully completed another 340,000 metric tonnes per year ethylene glycol plant for the same owner, at the same location.