Fluor awarded EPC contract by SAPCo

18-Aug-11

Fluor Corporation has been awarded an engineering, procurement and construction (EPC) contract by SAPCo, a joint venture company being formulated between Saudi Acrylic Acid Company and Evonik Industries, for its Super Absorbent Polymer Project (SAP) in Jubail, Saudi Arabia. Fluor booked the undisclosed contract value in the Q2-2011. The SAP project work is under way and is expected to be completed and commissioned by Q4-2013. The end product, super absorbent polymer, is used in the manufacture of disposable diapers. This SAP project is part of a larger program being developed by Saudi Acrylic Acid Company, for which Fluor has been engaged since the early developments of the project. "SAPCo's confidence in Fluor's ability to successfully execute this project reflects well upon our more than 60 year track record performing chemicals, plastics and oil & gas projects in Saudi Arabia," said Peter Oosterveer, president of Fluor's Energy & Chemicals Group. "The growing interest in chemicals and plastics capital development projects in the Middle East and throughout the world plays well into our long-term global leadership role in developing such projects."