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Foster Wheeler Establishes New JV E&C Company In China

2013-07-22 09:37:32| chemicalonline News Articles

Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction (E&C) Group has signed an equity purchase agreement with CEFOC (The Fourth Construction Company Ltd. of China Electronics System Engineering) to purchase a 49% share in its Chinese Design Institute, PECHDI

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