IRVING, Texas – (COMMERCIAL THREAD) – Fluor Corporation (NYSE: FLR) announced today that it has been awarded a service contract from PKN ORLEN to provide Project Management Contractor (PMC +) services for its complex expansion olefins in Plock, Poland. The value of the reimbursable service contract will be recognized in the fourth quarter of 2019.
“We are honored to have been selected by PKN ORLEN to work with them on their largest petrochemical investment program to date,” said Mark Fields, president of Fluor’s global energy and chemicals business group. “The expansion of their olefin complex in Plock is a significant investment that will benefit the Polish economy and boost Poland’s transition to a net exporter of petrochemicals.
The scope of the PMC + agreement includes technical advisory and project management services. Work is scheduled to start in December and will be carried out from Fluor’s offices in Gliwice, Poland and Amsterdam, the Netherlands.
The Olefins Expansion Project is a key pillar of PKN ORLEN’s petrochemical development program. When complete, the expanded olefin complex will include a new steam cracker and product recovery system as well as several additional downstream units.
About Fluor Corporation
Founded in 1912, Fluor Corporation (NYSE: FLR) is a global engineering, procurement, manufacturing, construction and maintenance company that transforms the world by creating prosperity and driving progress. Fluor serves its customers by designing, building and maintaining safe, well-executed and profitable projects around the world. Headquartered in Irving, Texas, Fluor ranks 164th on the Fortune 500 list with revenue of $ 19.2 billion in 2018 and has more than 53,000 employees worldwide. For more information, visit www.fluor.com or follow Fluor on Facebook, Twitter, LinkedIn and YouTube.