Fluor Corporation (NYSE: FLR) today announced that it has been awarded
an engineering, procurement and construction management contract by
INEOS Chlor for a new chlor-alkali plant to be built at the company's
manufacturing complex in Runcorn, Cheshire, in the United Kingdom. The
value of the contract to Fluor is $200 million and was booked in the
company's third quarter.
The facility is due for completion in November 2005 and will be the
first chlorine plant to use INEOS Chlor's proprietary new Electrolyser
technology, BiChlor. INEOS Chlor is one of the major chlor-alkali
producers in Europe and a global leader in chlorine derivatives.
This award follows completion of the front-end engineering earlier this
year. Fluor also is the overall project manager working with an
integrated team of engineers from Uhde GmbH of Dortmund, Germany, and
INEOS Chlor. Engineering is under way at Fluor's office in Haarlem, the
Netherlands.
Constructed on a brown-field site at the Runcorn complex, the plant will
produce approximately 400,000 tons of chlorine annually. The new
facility will include brine treatment, electrolyses, chlorine drying and
liquefaction, hydrochloric acid and sodium hypochlorite syntheses,
storage, loading and utilities.
"We are very pleased to be awarded the next phase for this important
chemical project," said Henry Van Dyke, a president responsible for
chemicals projects within Fluor's Industrial group. "This project allows
us to reinforce Fluor's position as an industry leader in the design and
construction of first-of-a-kind facilities and to continue our
relationship with INEOS Chlor."
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 more information please contact: Media Relations, Jerry Holloway,
+1-949-349-7411, or Leann Vandergrift, +1-949-349-7420, or Janet Kearns,
44 1932 246120/44 20 8222 7057, or Investor Relations, Lila Churney,
+1-949-349-3909, or fax, +1-949-349-5375, all of Fluor Corporation.
Media Relations, Jerry Holloway, +1-949-349-7411, or LeannVandergrift, +1-949-349-7420, or Janet Kearns, 44 1932 246120/44 20 8222 7057,or Investor Relations, Lila Churney, +1-949-349-3909, or fax, +1-949-349-5375,all of Fluor Corporationhttp://www.fluor.com