Fluor Corp.: The Irvine engineering, construction and...
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Fluor Corp.: The Irvine engineering, construction and natural resource management company said Monday that it and two of its subsidiaries have been awarded new contracts in three separate deals worth a total of more than $85 million.
The first contract, worth $70 million, is for designing and building a polypropylene plant for Epsilon Products Co., a Marcus Hook, Pa., plastics manufacturer. Flour Daniel Inc., Fluor’s principal subsidiary, will handle engineering and procurement, and Flour Constructors International will head the construction effort, which is slated for a late 1996 completion.
The second contract, valued at $15 million, is to expand a Peru gold mining operation owned by Minera Yanacocha S.A., a company owned jointly by Newmont Gold in Denver, Compania de Minas Buenaventiva of Peru and International Finance Corp.
The value of a third contract, signed with a Brazilian iron mining company, was not released, though a Flour spokeswoman said Monday that Fluor would handle the lion’s share of a $230-million facilities expansion in Brazil. The contract is with Samarco Mineracao S.A., a company jointly owned by Sociedade Anonima Mineracao de Trindade and BHP Minerals of Australia.
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