Fluor Corporation (NYSE: FLR) announced today that it has been awarded a
contract from Egyptian Linear Alkyl Benzene (E-LAB) to manage the
development of a new facility, located in Alexandria, Egypt. The
completed facility, owned by E-LAB, will produce linear alkyl benzene,
which is principally used in detergents. The contract value was not
disclosed and was booked in Fluor's first quarter.
"This initial services award gives Fluor valuable early involvement in
the new 20-year petrochemical master plan for Egypt," said Henry Van
Dyke, a president responsible for Chemicals within Fluor's Industrial
group.
Fluor employees from its Haarlem, Netherlands, office, supported by
experts from the Chemical Technology Center in Greenville, S.C., will
work closely with Egyptian engineering and construction contractors.
Work on the project began in December 2003, and Fluor started work on
the project in February 2004. The team expects to complete the project
in 30 months.
Fluor Corporation (NYSE: FLR) provides services on a global basis in the
fields of engineering, procurement, construction, operations,
maintenance and project management. Headquartered in Aliso Viejo,
California, Fluor is a FORTUNE 500 company with revenues of nearly $9
billion in 2003. For more information, visit www.fluor.com.
For further information please contact: Jerry Holloway, +1-949-349-7411,
or Lisa Boyette, +1-949-349-3652, both Media Relations, or Lila Churney,
Investor Relations, +1-949-349-3909, or fax, +1-949-349-5375, all of
Fluor Corporation.
Jerry Holloway, +1-949-349-7411, or Lisa Boyette,+1-949-349-3652, both media relations, or Lila Churney, Investor Relations,+1-949-349-3909, or fax, +1-949-349-5375, all of Fluor Corporation//Web site: http://www.fluor.com /