Fluor
Corporation (NYSE: FLR) announced today that it has safely finished
the mechanical construction of The Dow Chemical Company’s (NYSE: DOW)
new ethylene production facility in Freeport, Texas on schedule.
Fluor provided engineering,
procurement and construction services on the
1.5-million-ton-per-year light-hydrocarbon cracker, which can use both
ethane and propane as feedstock. The ethylene produced by the facility
will be used as a building block for many of Dow’s industry-leading
performance plastics products.
After receiving the contract award
in 2013, construction began in 2014, with more than 3,000 Fluor craft
employees and subcontractors onsite at peak to deliver the project on
schedule. The project also achieved more than 5 million consecutive work
hours without a lost-time incident.
In support of craft workforce development, Fluor partnered with area
community colleges and high schools to encourage pursuit of construction
careers and performed more than 2,300 craft performance assessments and
evaluations throughout the project.
“This project was successful because of the strong partnership and
collaboration between Dow and Fluor,” said Mark Fields, president of
Fluor’s Energy & Chemicals business in the Americas. “The joint team
focused on continuous improvement throughout the project achieving
world-class productivity and welding quality. The project was completed
safely and on schedule. We are proud to complete this important project
with Dow to enable them to take advantage of the area’s shale gas
resources and grow their key downstream businesses.”
In addition to the ethane cracker, Fluor was also responsible for a
750,000-ton-per-year propane dehydrogenation unit, which was completed
in 2015. Dow’s Freeport, Texas complex is the largest integrated
chemical manufacturing complex in the Western hemisphere.
Fluor is an industry leader in the engineering, procurement,
fabrication, construction and maintenance of petrochemical facilities
globally. Including the Dow ethylene production facility, Fluor is
supporting the construction of three ethane crackers on the U.S. Gulf
Coast that will produce 4.5 million tons of ethylene annually.
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 its 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 $19 billion in 2016 and has more than 60,000
employees worldwide. For more information, please visit www.fluor.com
or follow us on Twitter @FluorCorp.
Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222