Market Overview

Fluor Wins Chemicals Project for BASF in Germany

Related FLR
Events for the Week of Sept. 8-12
UPDATE: D.A. Davidson & Co. Reiterates On Fluor On Improved Operating Results

Fluor Corporation (NYSE: FLR) announced today that it has secured a contract for engineering, procurement and construction management (EPCM) services for BASF's toluene diisocyanate (TDI) Complex project at BASF's site in Ludwigshafen, Germany. Fluor booked the undisclosed value into backlog in the fourth quarter of 2012.

The single-train, 300,000 metric tons-per-year plant will produce TDI and expand additional plants as precursors for polyurethanes at the BASF site in Ludwigshafen. Production is scheduled to begin in the fourth quarter of 2014. Fluor has been involved in the project since 2011 performing support services for both the pre-front-end engineering and design (pre-FEED) and the FEED work for this project. TDI is a key component used for polyurethane foams. To a large extent, it is used in the automotive industry (e.g., seating cushion and interior applications) as well as in the furniture segment (e.g., flexible foams for mattresses, cushions or wood coating).

“Fluor continues to expand its long resume for the design and construction of new chemicals plants led from our Haarlem operations center,” said Peter Oosterveer, president of Fluor's Energy & Chemicals Group.

Fluor's Haarlem, the Netherlands, operations center will lead the project with support from Gliwice, Poland. More than 800 Fluor craft workers are contributing to the construction of the facility expansion.

Posted-In: News Contracts

 

Related Articles (FLR)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters