Fluor
Corporation (NYSE: FLR) announced today that PTT Global Chemical
Public Company (PTTGC) has selected a Fluor-led team to perform
front-end engineering and design work for its proposed petrochemical
complex in Belmont County, Ohio. The team includes Fluor, Technip and SK
E&C. Fluor will book the undisclosed contract value into backlog in the
third quarter of 2015.
The project will encompass an ethane cracker and derivatives units by
leveraging the availability of feedstock from gas taken from the Utica
and Marcellus shale formations in the region to create chemical
products. Fluor is a leader in the petrochemical engineering,
procurement and construction market, and is currently executing
engineering, procurement and construction for three major ethane cracker
projects in the United States.
“Working closely with PTTGC on the front-end activities, we will
identify the most capital-efficient integrated solutions to support the
project’s advancement,” said Jim
Brittain, president of Fluor’s Energy & Chemicals Americas business
line. “Our team has partnered together on numerous world-class
petrochemical projects. We will leverage this experience and our
innovative design technologies to bring this project to fruition.”
Front-end activities are expected to be completed in 2016.
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 and integrated 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 136 on the FORTUNE 500 list.
With 40,000 employees worldwide, the company's revenue for 2014 was
$21.5 billion. Visit Fluor at www.fluor.com
and follow on Twitter @FluorCorp.
Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222