July 6, 2010
Foster Wheeler Awarded EPCm Contract for New Cogeneration Plant by Dow in Germany
ZUG, Switzerland—-Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management contract by Dow Deutschland Anlagengesellschaft mbH for a new cogeneration facility to be installed within Dows existing chemical complex at Stade, Germany.
Companies Market Debt as Speculative-Grade Defaults Slide: New Issue Alert
Companies are marketing $4.22 billion of debt in the U.S. as default rates for high-yield, high-risk U.S. borrowers slide.