Market Overview

Fluor Awarded Cytec's UK Adhesives Expansion Project; Value Undisclosed

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Fluor
Corporation (NYSE: FLR) announced today that Fluor Limited, its UK
operation, was selected by Cytec Industries Inc. (NYSE: CYT) for the
engineering, procurement and construction management (EPCM) of the
expansion of its high-performance adhesives manufacturing facility in
Wrexham, North Wales. Fluor booked the undisclosed value of the contract
in the company's third quarter of 2015.

Fluor recently completed the front end engineering design (FEED) for the
new facility at Cytec's operations site at Wrexham Industrial Park,
which also houses the company's European headquarters for research and
development. The new facility will produce extreme-demand adhesives used
in the aerospace industry for which Cytec is a leading supplier.

See full press release

Posted-In: News Guidance Financing Press Releases

 

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