Fluor Chemicals Project Named Finalist for Construction Project of the Year by Platts

Tuesday, November 24, 2015 4:17 pm EST

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IRVING, Texas

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NYSE:
FLR
US3434121022

Fluor Chemicals project named finalist for Construction Project of the Year by Platts

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that its BASF Jade Tree project has been named a finalist for Construction Project of the Year by the Platts Global Energy Awards. Located in Shanghai, China, the project is a high performance chemical production facility. Fluor performed front-end engineering, detailed design, procurement, construction management (EPCM), commissioning and start-up.

“This complex project shows that our commitment to safety is achievable, even when faced with an aggressive schedule and other challenges,” said Ken Choudhary, Fluor’s Energy & Chemicals president for Asia Pacific. “Being named a finalist for Construction Project of the Year is a great recognition of Fluor’s integrated solutions approach.”

More than 3.4 million safe work hours were performed on the Jade Tree project without incident, delivering it ahead of schedule and within budget. The project included two production lines, a recovery unit, production conveyers, silos, a warehouse, waste water treatment, an office building, a tank farm, a cooling water tower, a 35-kilovolt substation and a telecommunications system.

Platts selected finalists from a list of nearly 200 nominations, based on their performance for each category's criteria within the designated time frame. It is one of eight projects nominated in the construction category.

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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BASF Jade Tree project mechanical completion. (Photo: Business Wire)
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