Fluor said Friday it was awarded an engineering, procurement and construction management (EPCm) contract by Dow Chemical for its upcoming propylene project in Freeport, Texas.
Fluor successfully completed the front-end engineering and design (FEED) contract, thereby setting the stage for this next-phase EPCm project award, the company said.
Fluor will book the undisclosed value in the third quarter.
Fluor is excited to be the EPCm contractor for the successful execution and completion of this project, said Peter Oosterveer, president of Fluors energy and chemicals group.
The US is experiencing a significant rebound in the petrochemical sector due to the attractive price of shale gas and we look forward to helping our long-time customer Dow realize this important project.
The project is underway with estimated mechanical completion by 2015. Fluors Houston operations center is leading the effort with support from its Philippines operations, according to the company.
Nearly 1,600 home office, construction management and craft personnel are expected to be involved on this project at its peak.
Earlier this year, Fluor and Dow signed a strategic global engineering, procurement, construction and construction management agreement in support of Dows global capital projects program ranging across all Dow products.
This includes potential new project work spanning across the globe.