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| Fluor wins contracts in Saudi Arabia and Germany Engineering and construction giant Fluor Corp. was selected to provide engineering, procurement, construction management and precommissioning services to Saudi International Petrochemical Co. Ltd. for an acetyls complex in Jubail, Saudi Arabia. The billion-dollar contract was booked in first quarter 2007. The project scope includes the main plant, which will manufacture acetic acid and vinyl acetate monomer, a high-end specialty plastic for clients, and a new Utilities plant. Construction began this month with a target completion of December 2008. Fluor also announced that Autobahnplus, a company in which Fluor is a 25 percent shareholder, has been awarded a 30-year concession contract for the A8 Motorway between Augsburg and Munich, Germany. Fluor's $85-million engineering, procurement and construction contract will be booked in second quarter 2007. The capital cost of the initial upgrade is $340 million and will be performed by a construction joint venture in which Fluor has a 25 percent share. The public-private partnership involves the reconstruction and widening by December 2010 of 37 kilometers and operation and maintenance of 52 kilometers of the motorway over the concession period. The consortium members are Fluor Infrastructure BV, BAM PPP, Trapp Infra (part of Volker Wessels), Egis and Berger Bau. This is the first of a series of public-private partnership motorway projects being awarded in Germany under the "A model." write your comments about the article :: © 2007 Construction News :: home page |