Fluor wins Saudi aluminum plant contract

Engineering and construction company Fluor Corporation has won contracts worth more than $1 billion for an aluminum plant in Saudi Arabia and a highway project in the US, the company said. The company was awarded a contract from Ma'aden and Alcoa to provide engineering, procurement and construction management services for an automotive sheet facility in Ras Al-Khair, Saudi Arabia.
Fluor added $337 million to its backlog of contracted work in the second quarter.
The company's scope of work includes designing, constructing and commissioning the plant, which will have the capability to produce a range of products suitable for further downstream manufacturing in the aluminum complex.
These products include automotive heat-treated and non-heat-treated sheet, building and construction sheet and foil stock sheet, a statement from the company said.
“We are pleased to continue our relationship with Ma’aden and Alcoa to support the development of their aluminum complex in Saudi Arabia,” said Rick Koumouris, head of Fluor's mining & metals business. “This new manufacturing facility will help meet the global automotive industry’s growing demands for new, lighter materials.”
Once complete, the automotive sheet facility will produce lightweight aluminum to be used in vehicle manufacturing.
The facilities will include a mine, alumina refinery, aluminum smelter and rolling mill.
Fluor’s office in Greenville, South Carolina, will be responsible for the design and procurement services on the project.
Fluor's Fluor Enterprises and its partner Transuburban Drive USA Investments also closed a $925 million contract with the state of Virginia to build new lanes on Interstate 95.
Fluor will book $691 million from that contract in the third quarter, it said.
Reuters
4 August