Fluor wins US propylene project contract from Dow
Fluor Corporation has won an engineering, procurement and construction management (EPCM) contract from The Dow Chemical Company for a propylene production asset project located in Freeport, Texas, US.
Fluor also completed the front-end engineering and design contract for the same project before entering into the EPCM contract with Dow.
Peter Oosterveer, Fluor Energy & Chemicals Group president, said Fluor will execute and complete the EPCM contract of the project.
"The US is experiencing a significant rebound in the petrochemical sector due to the attractive price of shale gas and we look forward to helping our long-time customer Dow realize this important project," Oosterveer added.
The mechanical work, which is in progress, is expected to be completed by 2015.
Fluor Houston's operations centre, with support from the Philippines -based operations centre, is carrying out the work for the project.
The project at its peak level of operations will include nearly 1,600 home office, construction management and craft personnel, according to Fluor.
Fluor and Dow earlier this year, 2012, also signed a global engineering, procurement, construction and construction management agreement to support Dow's global capital projects programme, that includes all Dow products.