Fluor Awarded Cytec’s UK Adhesives Expansion Project

Tuesday, October 20, 2015 6:49 am EDT

Dateline:

FARNBOROUGH, U.K.

Public Company Information:

NYSE:
FLR
US3434121022
"Our experience of managing interfaces and integrating teams, combined with a proven UK project delivery capability and local knowledge, will allow us to meet the fast track schedule of the project."

FARNBOROUGH, U.K.--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that Fluor Limited, its UK operation, was selected by Cytec Industries Inc. (NYSE:CYT) for the engineering, procurement and construction management (EPCM) of the expansion of its high-performance adhesives manufacturing facility in Wrexham, North Wales. Fluor booked the undisclosed value of the contract in the company’s third quarter of 2015.

Fluor recently completed the front end engineering design (FEED) for the new facility at Cytec’s operations site at Wrexham Industrial Park, which also houses the company’s European headquarters for research and development. The new facility will produce extreme-demand adhesives used in the aerospace industry for which Cytec is a leading supplier.

“With the successful completion of the FEED, and execution experience on other Cytec projects around the world, Fluor will implement our integrated solutions approach for the EPCM phase of this expansion,” said Juan G. Hernandez, president of Fluor’s Industrial Services business. “Our experience of managing interfaces and integrating teams, combined with a proven UK project delivery capability and local knowledge, will allow us to meet the fast track schedule of the project.”

The project will be executed by an integrated engineering team located in Fluor’s offices in the U.S., India and the UK.

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. For more information, visit www.fluor.com or follow us on Twitter @FluorCorp.

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