Fluor Awarded Contract for PETRONAS Isononanol Chemical Plant in Malaysia

IRVING, Texas–(BUSINESS WIRE)–#MalaysiaFluor
Corporation
(NYSE: FLR) announced today that it was awarded an
engineering, procurement and construction management (EPCM) contract by
PETRONAS Refinery and Petrochemical Corporation Sdn. Bhd. for an
isononanol plant located in Pengerang, Johor, Malaysia. Fluor will book
the undisclosed contract value in the third quarter of 2017.


“This award is a testament to the strong partnership we have with
PETRONAS,” said Ken
Choudhary
, president of Fluor’s energy and chemicals business for
the Asia-Pacific region. “We will use our experience and best practices
gained from completing other isononanol facilities on time and on budget
to deliver this project with excellence.”

The project is part of PETRONAS’s Refinery and Petrochemical Integrated
Development (RAPID) project and the mammoth $27 billion Pengerang
Integrated Complex development. Fluor, in a consortium with Technip, is
serving as the program management consultant for the RAPID project, as
well as the EPCM contractor for the utilities,
interconnecting and offsites
scope.

The facility will produce 250,000 tons per year of isononanol, which is
a key chemical building block in plasticizers used in the automotive and
building industries. Facility start-up is expected in 2019.

About Fluor Corporation

Fluor
Corporation
(NYSE: FLR) is a global engineering, procurement,
fabrication, construction and maintenance company that designs, builds
and maintains capital-efficient facilities for its clients on six
continents. For more than a century, Fluor has served its clients by
delivering innovative and integrated solutions across the globe. With
headquarters in Irving, Texas, Fluor ranks 149 on the Fortune 500
list with revenue of $19 billion in 2016 and has more than 60,000
employees worldwide. For more information, please visit www.fluor.com
or follow Fluor on social media at Facebook,
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LinkedIn
and YouTube.

Contacts

Fluor Corporation
Media Relations
Brian Mershon, 469-398-7621
or
Brett
Turner, 864-281-6976
or
Investor Relations
Geoff Telfer,
469-398-7070
or
Jason Landkamer, 469-398-7222