Fluor Corporation (NYSE: FLR), in a joint venture with Technip, was
awarded a contract to continue to support Sasol with the detailed
design, procurement and construction of its world-scale ethane cracker
and derivatives complex in Westlake, Louisiana. Fluor will book its
share of the undisclosed contract value in the fourth quarter of 2014.
“Fluor has a long relationship with Sasol spanning five decades and we
are pleased to continue supporting its growth in the U.S. market,” said Jim
Brittain, president of Fluor’s Energy & Chemicals business for the
Americas region. “By leveraging our modular execution and global supply
chain expertise, we will deliver capital efficiencies to this landmark
petrochemical project in Louisiana.”
The new complex will be constructed adjacent to Sasol’s existing
facility in southwest Louisiana. Under the contract, the Fluor and
Technip joint venture will be responsible for the 1.5 million
tons-per-year ethane cracker, downstream derivatives units and
associated utilities, offsites and infrastructure work.
Sasol awarded
Fluor a contract in 2013 to deliver front-end engineering and design
services for the complex, which will represent the largest single
manufacturing investment in Louisiana’s history. Construction is
expected to be complete in 2018.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering and construction
firm that designs and builds some of the world's most complex projects.
The company creates and delivers innovative solutions for its clients in
engineering, procurement, fabrication, construction, maintenance and
project management on a global basis. For more than a century, Fluor has
served clients in the energy, chemicals, government, industrial,
infrastructure, mining and power market sectors. Headquartered in
Irving, Texas, Fluor ranks 109 on the FORTUNE 500 list. With more than
40,000 employees worldwide, the company's revenue for 2013 was $27.4
billion. Visit Fluor at www.fluor.com
and follow on Twitter @FluorCorp.
Fluor CorporationMedia Relations:Brian Mershon, 469-398-7621orEric Krantz, 281-263-6030orInvestor Relations:Ken Lockwood, 469-398-7220orJason Landkamer, 469-398-7222