Fluor Awarded INEOS Front-End Design for New Processing Plant in the UK

Fluor Corporation FLR announced today that it was awarded the front-end engineering and design (FEED) for INEOS' new processing plant at the Saltend Chemicals Park in Hull, UK. The plant will produce vinyl acetate monomer, (VAM) a key component for laminated wind screens, toughened glass, adhesives, films, coatings and textiles. Fluor booked the undisclosed contract value in the second quarter of 2019.

"Fluor is pleased that INEOS has chosen us to continue supporting the company's strategic investment plans with the return of this important VAM processing capability to the UK market," said Simon Nottingham, president of Fluor's Energy & Chemicals business in Europe, Africa and the Middle East. "Our early involvement in this FEED allows Fluor to optimize cost and schedule certainty by leveraging our in-house construction-driven expertise."

The new plant will be designed to have the capacity to produce 300,000 metric tons of VAM per year.

The front-end work will establish the design basis and technology selection for the plant with associated cost and schedule estimates. Fluor's Farnborough office is leading the work supported by the company's global experts and with input from INEOS engineers.

Fluor's UK office serves a wide range of industries including the energy, chemicals, government, life sciences, advanced manufacturing, infrastructure, mining and power market sectors.

About Fluor Corporation

Founded in 1912, Fluor Corporation FLR is a global engineering, procurement, fabrication, construction and maintenance company that transforms the world by building prosperity and empowering progress. Fluor serves its clients by designing, building and maintaining safe, well executed, capital-efficient projects around the world. With headquarters in Irving, Texas, Fluor ranks 164 on the Fortune 500 list with revenue of $19.2 billion in 2018 and has more than 53,000 employees worldwide. For more information, please visit www.fluor.com or follow Fluor on Facebook, Twitter, LinkedIn and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190731005644/en/