Fluor Corporation (NYSE: FLR) today announced that it has been
contracted to provide asset management support services to Australia's
newest alumina refinery with its joint venture partner Monadelphous
Engineering Pty. Ltd. The contract value was not disclosed and was
booked in Fluor's second quarter.
The Fluor Monadelphous Services team will provide integrated maintenance
and shutdown services for the Comalco Alumina Refinery (CAR) owned by
Comalco Alumina Ltd. The duration of the contract is five years.
"We are really looking forward to combining the strengths of CAR and FMS
in a positive relationship that will help us achieve a world-class
refinery," said Maurice Schneider, Comalco superintendent of contract
management.
The refinery, located on a greenfield site in Gladstone, Central
Queensland, is planned for development in three stages and will operate
using the Bayer process, the most economic means of producing alumina
from bauxite. The plant initially will produce nearly one and one-half
million tons of alumina annually, which will be shipped to other sites
for further processing into aluminum metal.
"This alliance is an example of true resource and systems integration,"
said Matthew Langmaid, general manager of Fluor's Operations &
Maintenance group in Australia. "It is a rare example of pure alliance
behavior, where we have removed all traditional barriers to cooperation
and apply daily the principles of openness, best for role, no
duplication and sharing of best practice methods in everything we do."
FMS's services are designed to enable the refinery to effectively and
efficiently manage its long-term reliability support, especially during
times of peak workload, and provide an effective mechanism for supplying
ongoing shutdown and routine maintenance support services.
FMS is a joint venture of Fluor Australia Pty. Ltd., and Monadelphous
Engineering Pty. Ltd, a leading Australian engineering construction,
maintenance and industrial services company with a long-term presence in
the Gladstone community. Together FMS and CAR are committed to
supporting the development of local business and industry.
Monadelphous Engineering Pty. Ltd. is a subsidiary company of the
Monadelphous Group which is a leading Australian engineering,
construction, maintenance and industrial services company. The
Monadelphous Group is a publicly listed company with a workforce of
approximately 1,500 employees and has a local presence in Gladstone. For
more information visit www.monadel.com.au.
Fluor Australia Pty. Ltd., is a unit of Fluor Corporation (NYSE:FLR).
Fluor provides services on a global basis in the fields of engineering,
procurement, construction, operations, maintenance and project
management. Headquartered in Aliso Viejo, Calif., 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 Media Relations, Jerry Holloway,
+1-949-349-7411, or Lisa Boyette, +1-949-349-3652, or Investor
Relations, Lila Churney, +1-949-349-3909, fax, +1-949-349-5375, all of
Fluor Corporation.
Media Relations, Jerry Holloway, +1-949-349-7411, or LisaBoyette, +1-949-349-3652, or Investor Relations, Lila Churney,+1-949-349-3909, fax, +1-949-349-5375, all of Fluor Corporation//Web site: http://www.monadel.com.au //Web site: http://www.fluor.com/