ICA Fluor part of joint venture to design and build new petrochemical complex in Mexico

08-Oct-12

Fluor Corporation announced that ICA Fluor, the industrial engineering partnership of Fluor and Empresas ICA, is part of the joint venture that was awarded a multi-billion dollar engineering, procurement and construction contract by Braskem Idesa. The joint venture company, which includes Odebrecht, Technip and ICA Fluor, will design and build the new Etileno XXI petrochemical complex in the Mexican state of Veracruz. Fluor will book approximately US$275 million into backlog in Q4-2012.The new petrochemical complex will include a 1 mln tpa ethylene cracker and two high density polyethylene plants. The joint venture project team will utilize several operating centers around the world to execute the project. ICA Fluor was part of the team that performed front-end engineering for the offsites and facilities during 2011.