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Foster Wheeler Selected as a Preferred Engineering Partner by Plaxica

ZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) announced today that a UK subsidiary of its Global Engineering and Construction Group has been selected as a preferred engineering partner by Plaxica Limited. Foster Wheeler has signed a technical services agreement with Plaxica under which Foster Wheeler will provide engineering services for the global implementation of Plaxica’s low-cost lactic acid technology.