Fluor Awarded Front-End Contract for PTT Global Chemical’s Petrochemical Complex
September 03 2015 - 5:11PM
Business Wire
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.
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Fluor CorporationMedia RelationsBrian Mershon,
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Telfer, 469-398-7070orJason Landkamer, 469-398-7222
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