Fluor Corporation

Fluor’s Econamine FG PlusSM Carbon Capture Technology Selected to Reduce CO2 Emissions at Chevron Facility

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星期二, 二月 6, 2024

Fluor Corporation (NYSE: FLR) announced today that Chevron New Energies has signed a license agreement with Fluor to use its proprietary Econamine FG PlusSM carbon capture technology to reduce carbon dioxide (CO2) emissions at Chevron’s Eastridge Cogeneration facility in Kern County, California.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that Chevron New Energies has signed a license agreement with Fluor to use its proprietary Econamine FG PlusSM carbon capture technology to reduce carbon dioxide (CO2) emissions at Chevron’s Eastridge Cogeneration facility in Kern County, California.
  • Fluor recognized the undisclosed license award in the fourth quarter.
  • View the full release here: https://www.businesswire.com/news/home/20240206946145/en/
    Fluor’s Econamine FG Plus carbon capture technology expected to reduce CO2 emissions at Chevron facility by approximately 95% (Photo: Business Wire)
    “We are pleased to help Chevron achieve their CO2 reduction goals through the use of our carbon capture technology,” said Jim Breuer, Group President of Fluor’s Energy Solutions business segment.
  • “We are seeing significant activity across the globe in carbon capture and are pleased to employ our Econamine FG Plus technology to this important project.”
    When installed, Fluor’s carbon capture solution is expected to reduce the Eastridge facility’s carbon emissions by approximately 95%.

5E Advanced Materials Selects EPC Contractor Fluor Corporation For Process Engineering Work on FEL-2

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星期五, 一月 19, 2024

HESPERIA, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced the selection of Fluor Corporation (“Fluor”) as the Company’s engineering, procurement, and construction (EPC) services provider. The initial scope of Fluor will be to lead FEL-2 which will directly feed into the upgrading of the Company’s current S-K 1300 technical document into a Pre-feasiblity Study (PFS) upon completion.

Key Points: 
  • 5E to leverage Fluor’s experience and expertise to begin engineering process work on commercial Phase 1, advancing its leading boron and lithium project at the 5E Boron Americas Complex
    HESPERIA, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced the selection of Fluor Corporation (“Fluor”) as the Company’s engineering, procurement, and construction (EPC) services provider.
  • On May 11, 2023, the Company released the results of its S-K 1300 technical document on its 5E Boron Americas Complex located in Fort Cady, California.
  • Highlights of that study include:
    Susan Brennan, CEO of 5E Advanced Materials, stated, “We are thrilled to engage a worldclass EPC firm like Fluor, as their extensive track record will serve to be invaluable to 5E throughout this next phase of execution.
  • Additionally, the work being conducted by Fluor will play an important role in ultimately getting our 5E Boron Americas complex to the planned PFS-level study.

Fluor Corporation to Hold Fourth Quarter & Year End Earnings Conference Call

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星期二, 一月 23, 2024

Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its fourth quarter and year ended December 31, 2023.

Key Points: 
  • Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its fourth quarter and year ended December 31, 2023.
  • The public is invited to listen to the conference call on Tuesday, February 20, at 9:30 a.m. Eastern with Chairman and Chief Executive Officer David Constable and Chief Financial Officer Joe Brennan.
  • Financial results will be released prior to market open that day.
  • The live webcast and a replay will be available with accompanying slides online at investor.fluor.com .

Lisa Glatch Elected to Fluor’s Board of Directors

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星期二, 一月 16, 2024

Fluor Corporation (NYSE: FLR) announced today that Lisa Glatch, a former executive at Sempra Energy, was elected to its Board of Directors effective January 15, 2024.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that Lisa Glatch, a former executive at Sempra Energy, was elected to its Board of Directors effective January 15, 2024.
  • Glatch will serve on the Board’s Audit Committee and the Commercial Strategies and Operational Risk Committee, bringing the total number of Fluor Board members to ten, nine of whom are independent.
  • Before joining Sempra, Glatch held several senior executive positions in business development, operations and project management at CH2M (formerly CH2M Hill), Jacobs and Fluor.
  • Glatch also serves as a non-executive director on the boards of Xylem, a global water technology provider, and Hess, a global independent energy company.

Defense Logistics Market size to increase by USD 3.95 billion during 2023-2028, The adoption of multidimensional defense logistics to drive the growth - Technavio

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星期日, 一月 7, 2024

The defense logistics market size is expected to grow by USD 3.95 billion between 2023 and 2028.

Key Points: 
  • The defense logistics market size is expected to grow by USD 3.95 billion between 2023 and 2028.
  • The adoption of multidimensional defense logistics is one of the key defense logistics market trends fueling the market growth.
  • The growth of the Defense Logistics (DL) Market is driven by the embrace of multidimensional defense logistics strategies.
  • It strains Defense Packaging Solutions and hampers efforts to fortify Defense Supply Chain Resilience, underscoring the need for enhanced Defense Logistics Technology to adapt to the changing landscape in defense logistics.

Laser Photonics Receives Order From Fluor Corporation for MarkStar Pro Laser Marking System

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星期四, 十二月 21, 2023

Laser Photonics Corporation , a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced it received an order for its MarkStar Pro laser marking system from the construction purchasing division of Fluor Corporation , an industry leader in the construction and engineering sector for more than 110 years.

Key Points: 
  • Laser Photonics Corporation , a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced it received an order for its MarkStar Pro laser marking system from the construction purchasing division of Fluor Corporation , an industry leader in the construction and engineering sector for more than 110 years.
  • The laser marking system will be used on a Rosenberg, Texas, project for an internationally recognized company that manufactures, markets and sells snack foods.
  • “Our MarkStar Pro provided the perfect solution to Fluor’s construction challenge,” commented Wayne Tupuola, CEO of Laser Photonics.
  • The MarkStar Pro Handheld Laser Marker by Laser Photonics is a cutting-edge laser marking and laser engraving system designed for true portability around the shop and in the field.

Fluor Announces Q3 Contracts from Dow for Net-Zero Ethylene Cracker and Derivatives Complex in Canada

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星期一, 十二月 4, 2023

As previously announced and recognized in the third quarter on a confidential basis, Fluor Corporation (NYSE: FLR) was awarded two contracts from Dow for the construction of the world’s first net-zero scope 1 and 2 emissions integrated ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada.

Key Points: 
  • As previously announced and recognized in the third quarter on a confidential basis, Fluor Corporation (NYSE: FLR) was awarded two contracts from Dow for the construction of the world’s first net-zero scope 1 and 2 emissions integrated ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada.
  • View the full release here: https://www.businesswire.com/news/home/20231204509723/en/
    The reimbursable services contracts represent a total value of more than $3 billion and consist of engineering, procurement and construction management for a new ethylene cracker unit and for the associated utilities, power and infrastructure facilities.
  • The overall program also includes the expansion and retrofit of Dow’s existing manufacturing facilities.
  • “We are excited to have Fluor on board again to deliver a similar or even better project outcome.”
    In February, Fluor was awarded the front-end engineering and design contract for the project.

Tutor Perini Announces Executive Leadership Changes

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星期四, 十一月 16, 2023

The Company plans for Mr. Smalley to succeed Ronald Tutor as Chief Executive Officer of the Company effective January 1, 2025, with Mr. Tutor transitioning to the role of Executive Chairman of the Company’s Board at that time, consistent with the timing of the leadership succession plan previously disclosed by the Company.

Key Points: 
  • The Company plans for Mr. Smalley to succeed Ronald Tutor as Chief Executive Officer of the Company effective January 1, 2025, with Mr. Tutor transitioning to the role of Executive Chairman of the Company’s Board at that time, consistent with the timing of the leadership succession plan previously disclosed by the Company.
  • Mr. Smalley, age 64, has served as Executive Vice President and Chief Financial Officer of the Company since September 2015.
  • “Gary is a proven leader who has provided valuable insights and demonstrated consistently sound judgment and first-rate executive management skills over his eight years with the Company,” Mr. Tutor commented.
  • We commend Ron on both his decades of outstanding service to Tutor Perini and his strong recommendation of Gary as his successor.

Merrick Miranda Joins Total-Western as Director of Business Development

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星期三, 十一月 29, 2023

PARAMOUNT, Calif., Nov. 29, 2023 /PRNewswire/ -- Total-Western is pleased to announce that Merrick Miranda has joined the company as its new Director of Business Development.

Key Points: 
  • PARAMOUNT, Calif., Nov. 29, 2023 /PRNewswire/ -- Total-Western is pleased to announce that Merrick Miranda has joined the company as its new Director of Business Development.
  • "I'm excited to join Total-Western because it's a collaborative and nimble company that can adapt and grow with the constantly changing marketplace," said Mr. Miranda.
  • He will also focus on integrating business development and operations to align on opportunities and geographies to pursue and ensuring customer performance goals are achieved.
  • From there, he moved to ARB, Inc. as Director of Business Development and oversaw accounts for customers such as Chevron, Phillips 66, Valero, Marathon, PBF Energy, California Resources Corporation, and Air Products.

Fluor to Participate in Upcoming Investor Conferences

Retrieved on: 
星期一, 十一月 6, 2023

Fluor Corporation (NYSE: FLR) today announced that management will be participating in the following investor conferences:

Key Points: 
  • Fluor Corporation (NYSE: FLR) today announced that management will be participating in the following investor conferences:
    Baird Global Industrial Conference– Joe Brennan, Chief Financial Officer and Jason Landkamer, Executive Director, Investor Relations, will host one on one meetings on November 9 in Chicago, IL.
  • NYSE Virtual Industrials conference- Jason Landkamer, Executive Director, Investor Relations, will host virtual one on one meetings on November 14.
  • UBS Industrials Summit – Jason Landkamer, Executive Director, Investor Relations, will meet with investors during the conference on November 29 in Palm Beach, FL.
  • Vertical Research Virtual Infrastructure and Reshoring Summit – Dave Watrous, Vice President of Advanced Technologies & Life Sciences and Jason Landkamer, Executive Director, investor Relations will participate in a virtual fireside chat on December 13.