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ICA Fluor to build new petrochemical complex in Mexico

Fluor Corp (NYSE: FLR) announced that ICA Fluor, the industrial engineering partnership of Fluor and Empresas ICA (NYSE: ICA), is part of the joint venture that was awarded a multi-billion dollar engineering, procurement and construction contract by Braskem Idesa. The joint venture company, which includes Odebrecht, Technip and ICA Fluor, will design and build the new Etileno XXI petrochemical complex in the Mexican state of Veracruz. Fluor will book approximately $275 million into backlog in the fourth quarter of 2012.



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