A new global circulating fluidized bed company has been formed today.
Sumitomo SHI FW has been formed following Sumitomo Heavy Industries share acquisition of FW Energie BV.
The deal combines SHI and Amec Foster Wheeler’s fluidized bed business to become what SHI is calling “a new global leader in sustainable energy solutions”.
Sumitomo SHI FW will become part of the Energy and Environment Group within SHI. In a statement, the new company said it would “dedicate our talent, energy and quality of service on CFB and BFB steam generators and gasifiers, CFB scrubbers, metallurgical waste heat boilers and aftermarket services”.
Tomas Harju-Jeanty, chief executive of Sumitomo SHI FW, said: “Combining our strong Foster Wheeler heritage with Sumitomo’s world-wide recognized name and skill will create a strong brand within and outside our traditional markets. Sumitomo SHI FW will have a deep commitment to technology innovation. Our goal is to provide clients with sustainable value that will endure for the longer term.”
Sumitomo SHI FW will be showcasing its technologies at POWER-GEN Europe and Renewable Energy World Europe this week in Cologne. It can be found at booth L27.
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