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Spotlight: Fluor Joint Venture to Build Plant in Argentina

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A Fluor Corp. joint venture received a $100-million contract from a Dow Chemical Co. venture to design and build a plant in Argentina to make ethylene and other feedstock chemicals for making plastics. Irvine-based Fluor and Buenos Aires-based Perez Compac expect to complete the project within two years. The contract was awarded by Petroquimica Bahia Blanca, a venture of Dow Chemical; Itochu, a Japanese trading company; and YPF, Argentina’s largest energy company

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