MOSCOW (MRC) -- Fluor Corporation has announced that Chevron (China) Chemicals Co., LTD. has selected Fluor to perform front-end engineering and design (FEED) work for a manufacturing facility in Ningbo, Zhejiang, China, as per Hydrocarbonprocessing.
Fluor booked the undisclosed contract value in the fourth quarter of 2016.
The facility will serve as a blending and shipping operation for fuel and lubricant additives. The additives are used to enhance fuel performance and improve the reliability, efficiency and lifespan of engines.
"With Fluor’s nearly 40 years of experience in China, we will develop a capital-efficient approach and further enhance our strong track record of successful project delivery for Chevron," said Ken Choudhary, president of Fluor’s Energy & Chemicals business for the Asia-Pacific region.
Fluor has completed more than 350 projects across 20 provinces and municipalities in China. Today, Fluor has more than 800 employees in China supporting projects across a range of industries from theme parks to manufacturing facilities and chemical projects.
The project timeline currently calls for blending and shipping activities to begin in 2020.
We remind thatn, as MRC informed previously, in November 2013, Chevron Phillips Chemical, the petrochemical venture of US oil producer Chevron Corp. and refiner Phillips 66, finalized the sale of its Chinese polystyrene (PS) business to Grand Astor Ltd. In the deal, Chevron Phillips sold its affiliate company Chevron Phillips Chemical (China) Co. Ltd., which owns a polystyrene plant located in Zhangjiagang, China.
Chevron is the second-largest US oil group by production and market capitalisation, after ExxonMobil. Chevron Phillips Chemical (part of Chevron), headquartered in The Woodlands, Texas (north of Houston), US,l is one of the world’s top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, piping, and proprietary plastics. Chevron and Phillips 66 each own 50% of Chevron Phillips Chemical.
MRC