Fluor Daniel to Build Power Plant, Factory : Construction: Fluor’s core subsidiary wins $100-million Philippines job and contract for polyphenylene sulfide facility in North Carolina.
Fluor Corp. has started the new year with a couple of lucrative new jobs.
The engineering and construction company announced Tuesday that its core subsidiary, Fluor Daniel, won a contract valued at about $100 million to build a power plant in the Philippines, as well as an assignment to construct a polyphenylene sulfide factory in North Carolina. Fluor, at the request of its clients, did not disclose the latter contract’s value. However, spokeswoman Deborah Land at Fluor’s Irvine headquarters described the transaction as “quite substantial.”
Construction is already underway on a 105-megawatt power plant in Pinamucan in the Philippines, 75 miles south of Manila. Enron Power Corp., a subsidiary of Enron Corp. in Houston, hired Fluor Daniel for the project, which is expected to be completed later this year.
Fluor Daniel was awarded the second contract by Fortron Industries--an international joint venture of Hoechst Celanese Corp. in Germany and Kureha Chemical Industry Ltd. in Japan.
The polyphenylene sulfide plant, scheduled for completion this year, will be in Wilmington, N.C. It will produce about a third of the PPS made in the United States.
PPS, which is resistant to corrosive substances, is widely used in place of metal in the manufacture of automobile engines and other under-the-hood machinery.
