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Fluor and JGC jv wins contract in Texas

Fluor Corporation (NYSE: FLR) and JGC Corporation announced that their 50/50 joint venture was awarded an engineering, procurement and construction (EPC) contract by Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) for its U.S. Gulf Coast (USGC) Petrochemicals Project. Fluor booked its share of the undisclosed contract value in the third quarter of 2013.

The project consists of the ethylene unit (cracker) and associated offsite components to be built at Chevron Phillips Chemical's existing Cedar Bayou complex in Baytown, Texas. Fluor's scope includes engineering and procurement for the outside battery limit scope as well as direct hire construction for the entire cracker project.

Project work is under way and will be performed from Fluor's Houston office with assistance from its Philippines offices.



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