Fluor wins Saudi Maaden contract
Riyadh, August 7, 2012
Engineering and construction company Fluor Corporation said it has clinched a major contract from Saudi Maaden-Alcoa JV firm to provide engineering, procurement, and construction management (EPCM) services at its facility in Saudi Arabia.
The scope of work includes designing, constructing and commissioning the automotive sheet facility at Ras Al-Khair in Saudi Arabia, said Fluor which booked $337 million into backlog in the second quarter.
Once complete, the automotive sheet facility will produce lightweight aluminum to be used in vehicle manufacturing, it added.
The plant will have the capability to produce a range of products suitable for further downstream manufacturing in the aluminum complex.
These products include automotive heat-treated and non-heat-treated sheet, building and construction sheet and foil stock sheet.
“We are pleased to continue our relationship with Ma’aden and Alcoa to support the development of their aluminum complex in Saudi Arabia,” said Rick Koumouris, head of Fluor's Mining & Metals business.
“This new manufacturing facility will help meet the global automotive industry’s growing demands for new, lighter materials,” he stated.
The new facility at Ras Al-Khair is part of the Ma'aden-Alcoa aluminum complex that is currently under development in the Kingdom.
The facilities, which include a mine, alumina refinery, aluminum smelter and rolling mill, will be one of the largest and most efficient aluminum complexes in the world.-TradeArabia News Service