Fluor Completes Work with Stora Enso Consumer Board Project

Monday, June 27, 2016 4:08 pm EDT

Dateline:

IRVING, Texas & SHANGHAI

Public Company Information:

NYSE:
FLR
US3434121022

.@FluorCorp completes work with Stora Enso consumer board project in China

IRVING, Texas & SHANGHAI--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it has completed its work with Stora Enso’s consumer board machine in Beihai, Guangxi, China. Fluor senior leadership joined Stora Enso leadership and other dignitaries to celebrate the official inauguration of the consumer board machine recently at the Beihai Mill.

Fluor provided procurement and construction management services for the innovative board machine and associated infrastructure, including power, water and effluent treatment facilities. The facility is integrated with a sustainable eucalyptus plantation. Fluor managed more than 5,500 craft workers at peak on this fast-paced project, which achieved production of the first consumer board on reel just 18 months after the start of construction.

“Fluor leveraged our nearly 40 years of experience in China to deliver this consumer board machine for Stora Enso and the Beihai community safely and on an unprecedented timeline,” said Ken Choudhary, president of Fluor’s Asia Pacific business.

At full production, the consumer board machine will produce 450,000 tons per year of liquid packaging board and other high-grade paperboard products to meet the demand in China.

“We look forward to delivering the same results on the project’s second phase, a mechanical pulp mill, as it completes in the fourth quarter of 2016,” said Juan G. Hernández, president of Fluor’s Life Sciences & Advanced Manufacturing business.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served our clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 155 on the FORTUNE 500 list with revenue of $18.1 billion in 2015 and has more than 60,000 employees worldwide. For more information, please visit www.fluor.com or follow us on Twitter @FluorCorp.

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Stora Enso (Photo: Business Wire)
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