Fluor Corporation (NYSE: FLR) announced today that it was awarded a
contract by Williams (NYSE: WMB) to provide preliminary engineering
services for a proposed propane dehydrogenation (PDH) project near
Redwater, Alberta, Canada. Fluor booked the contract in the fourth
quarter of 2012 for an undisclosed value.
The proposed PDH facility would primarily use the propane recovered at
Williams’ existing fractionation facility in Redwater, Alberta, and
convert it into polymer-grade propylene, a petrochemical feedstock used
in plastics manufacturing.
“Fluor is pleased to have been selected by Williams to provide
preliminary engineering services for what would be Canada’s first
propane dehydrogenation facility,” said Peter Oosterveer, president of
Fluor’s Energy and Chemicals Group. “We are encouraged by the
opportunities that the expansion of the Canadian oil sands provides for
the chemicals industry in North America.”
Fluor’s offices in Calgary, Alberta, and Greenville, South Carolina,
will be responsible for the design services along with support from the
company’s office in New Delhi, India.
About Fluor Corporation
For more than 100 years, Fluor Corporation (NYSE: FLR) has partnered
with its clients to design, build and maintain many of the world's most
challenging and complex capital projects. Through its global network of
offices on six continents, Fluor's 43,000 employees provide
comprehensive capabilities and world-class expertise in the fields of
engineering, procurement, construction, commissioning, fabrication,
operations, maintenance and project management. Today, the company
serves a global client base in the energy, chemicals, government,
industrial, infrastructure, operations & maintenance, manufacturing &
life sciences, mining, power and transportation sectors. Headquartered
in Irving, Texas, Fluor ranks 124 on the FORTUNE 500 list and had
revenue of $24.3 billion in 2011. For more information, visit www.fluor.com.
Fluor CorporationMedia RelationsKeith Stephens, 469-398-7624orBrian Mershon, 469-398-7621orInvestor RelationsKen Lockwood, 469-398-7220orJason Landkamer, 469-398-7222