{"id":732725,"date":"2023-02-20T07:00:08","date_gmt":"2023-02-20T12:00:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dow-awards-fluor-front-end-engineering-and-design-for-its-proposed-net-zero-ethylene-and-derivatives-complex-in-canada\/"},"modified":"2023-02-20T07:00:08","modified_gmt":"2023-02-20T12:00:08","slug":"dow-awards-fluor-front-end-engineering-and-design-for-its-proposed-net-zero-ethylene-and-derivatives-complex-in-canada","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dow-awards-fluor-front-end-engineering-and-design-for-its-proposed-net-zero-ethylene-and-derivatives-complex-in-canada\/","title":{"rendered":"Dow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada"},"content":{"rendered":"

<\/p>\n

Dow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada<\/b><\/p>\n

IRVING, Texas–(BUSINESS WIRE<\/a>)–
\nFluor (NYSE: FLR) announced today that it was awarded a reimbursable contract by Dow to provide front-end engineering and design (FEED) and engineering, procurement and construction management (EPCM) services for the world\u2019s first net-zero carbon emissions (scope 1 and 2 carbon dioxide emissions) ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada. Fluor will book the initial FEED award in the first quarter and anticipates the additional EPCM scope will be awarded throughout 2023 pending a final investment decision by Dow\u2019s Board of Directors.\n<\/p>\n

\n\u201cWe commend Dow for its leadership and commitment to decarbonize its global footprint, and we are pleased to work together with the company on this important project,\u201d said Jim Breuer, group president, Fluor\u2019s Energy Solutions business. \u201cFluor\u2019s expertise in energy transition is helping clients across industries reduce greenhouse gas emissions and improve energy efficiency.\u201d\n<\/p>\n

\nDow\u2019s net-zero emissions ethylene cracker and derivatives complex, which is subject to approval by Dow\u2019s Board of Directors and various regulatory agencies, would decarbonize approximately 20 percent of its global ethylene capacity while growing its polyethylene supply by about 15 percent and supporting approximately $1 billion of EBITDA (earnings before interest, taxes, depreciation and amortization) growth across the value chain by 2030.\n<\/p>\n

\nThe additional project scope to be awarded in 2023 includes integrated project management team services for the entire Fort Saskatchewan Path2Zero program and EPCM services for the ethane cracker and associated utilities, power and infrastructure.\n<\/p>\n

About Fluor Corporation<\/span><\/b><\/p>\n

Fluor Corporation<\/a> (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients\u2019 greatest challenges. Fluor\u2019s 41,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $12.4 billion in 2021 and is ranked 259 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 110 years. For more information, please visit www.fluor.com<\/a> or follow Fluor on Twitter<\/a>, LinkedIn<\/a>, Facebook<\/a> and YouTube<\/a>.\n<\/p>\n

\n#ec\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230220005137\/en\/<\/a><\/span><\/p>\n

\nBrian Mershon
\n
Media Relations
\n
469.398.7621\n<\/p>\n

\nJason Landkamer
\n
Investor Relations
\n
469.398.7222\n<\/p>\n

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Dow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada IRVING, Texas–(BUSINESS WIRE)– Fluor (NYSE: FLR) announced today that it was awarded a reimbursable contract by Dow to provide front-end engineering and design (FEED) and engineering, procurement and construction management (EPCM) services for the world\u2019s first net-zero carbon emissions (scope 1 and 2 carbon dioxide emissions) ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada. Fluor will book the initial FEED award in the first quarter and anticipates the additional EPCM scope will be awarded throughout 2023 pending a final investment decision by Dow\u2019s Board of Directors. \u201cWe commend Dow for its leadership and commitment to decarbonize its global footprint, and we … <\/p>\n

Continue reading “Dow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-732725","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dow-awards-fluor-front-end-engineering-and-design-for-its-proposed-net-zero-ethylene-and-derivatives-complex-in-canada\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Dow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada IRVING, Texas–(BUSINESS WIRE)– Fluor (NYSE: FLR) announced today that it was awarded a reimbursable contract by Dow to provide front-end engineering and design (FEED) and engineering, procurement and construction management (EPCM) services for the world\u2019s first net-zero carbon emissions (scope 1 and 2 carbon dioxide emissions) ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada. Fluor will book the initial FEED award in the first quarter and anticipates the additional EPCM scope will be awarded throughout 2023 pending a final investment decision by Dow\u2019s Board of Directors. \u201cWe commend Dow for its leadership and commitment to decarbonize its global footprint, and we … Continue reading "Dow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/dow-awards-fluor-front-end-engineering-and-design-for-its-proposed-net-zero-ethylene-and-derivatives-complex-in-canada\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-20T12:00:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230220005137r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dow-awards-fluor-front-end-engineering-and-design-for-its-proposed-net-zero-ethylene-and-derivatives-complex-in-canada\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dow-awards-fluor-front-end-engineering-and-design-for-its-proposed-net-zero-ethylene-and-derivatives-complex-in-canada\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Dow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada\",\"datePublished\":\"2023-02-20T12:00:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dow-awards-fluor-front-end-engineering-and-design-for-its-proposed-net-zero-ethylene-and-derivatives-complex-in-canada\\\/\"},\"wordCount\":411,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dow-awards-fluor-front-end-engineering-and-design-for-its-proposed-net-zero-ethylene-and-derivatives-complex-in-canada\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230220005137r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dow-awards-fluor-front-end-engineering-and-design-for-its-proposed-net-zero-ethylene-and-derivatives-complex-in-canada\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dow-awards-fluor-front-end-engineering-and-design-for-its-proposed-net-zero-ethylene-and-derivatives-complex-in-canada\\\/\",\"name\":\"Dow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada - 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