Fluor announces contracts from Dow for Net-Zero Ethylene Cracker and derivatives complex
As previously announced and recognized in the third quarter on a confidential basis, Fluor Corporation 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.
The reimbursable services contracts, for scopes representing a TIC value at more than $3 billion in total, were recognized in the third quarter of 2023 and consist of engineering, procurement and construction management (EPCM) for a new ethylene cracker unit and for the utilities, power and infrastructure (UPI) facilities. The overall program also includes the expansion and retrofit of Dow’s existing manufacturing facilities.
Dow announced in November that its board of directors declared the Final Investment Decision for the project, which is part of Dow’s Path2Zero program, intended to lower the greenhouse gas emissions of its manufacturing facilities while growing capacity and delivering low-emissions products to customers.
“This program represents a major step towards Dow’s commitment to decarbonize its global footprint,” said Jim Breuer, group president of Fluor’s Energy Solutions business segment. “We have a long history of successful project execution with Dow, and we are grateful to be given the opportunity to support their objective to be a leader in sustainable chemicals production.”
Dow’s net-zero scope 1 and 2 emissions integrated ethylene cracker and derivatives complex is projected to decarbonize approximately 20% of the company’s global ethylene capacity while growing its polyethylene capacity by approximately two million metric tonnes per annum.
“Fluor has been a great partner over decades and this project builds on Dow’s very successful Texas-9 and associated projects, delivering more than 15% return on invested capital since its 2017 start-up,” said Ron Huijsmans, Dow’s Global MEGA Project Director. “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. Construction began in July on early works and the program is expected to come online in phases, with the first phase starting up in 2027 and the second phase starting up in 2029.
(Webinar) - The flexibility to make use of varying waste streams as feedstocks to replace primary fossil resources is a common goal in operations today. You may be looking ...
ExxonMobil and Zeeco, Inc. today announced a strategic alliance to market the ZEECO® FREE JET® Gen 3™ – next-generation ultra-low NOx, 100% hydrogen ready burner. ...
QatarEnergy and Chevron Phillips Chemical today celebrated the commencement of construction of a $6 billion integrated polymers complex in Ras Laffan Industrial City, ...
The Australian Hydrogen Council today congratulates the Australian Government on the announcement of a $140 million agreement with the Western Australian Government to ...
ADNOC and bp today announce that they have agreed to form a new joint venture (JV) in Egypt. The JV will combine the pair’s deep technical capabilities and proven track ...
Aker Solutions has been awarded a contract by Equinor to carry out a feasibility study for its Mongstad Industrial Transformation project in Vestland county on the west ...
In Japan, Wood will deliver concept design services for a carbon dioxide (CO2) transportation network. The pre-FEED (Front End Engineering Design) scope will focus ...
Verde Clean Fuels Inc, and Cottonmouth Ventures LLC, a subsidiary of Diamondback Energy, today announced that the parties have executed a Joint Development Agreement ...
KBC (A Yokogawa Company) announces the appointment of Mr. Takayuki Matsubara as its new Chief Executive Officer and member of the KBC board of directors effective January ...
Babcock & Wilcox Enterprises Inc, announced today that its subsidiary, Babcock & Wilcox Canada Corp, has been awarded a contract for more than $13 million to ...