Fluor Corporation Market Research Report
Company Overview
- Name: Fluor Corporation
- Mission: Building a better world through delivering safe, well-executed, capital-efficient engineering, procurement, and construction (EPC) projects globally.
- Founded: No information is available
- Founders: No information is available
- Key People:
- Jim Breuer, Chief Operating Officer
- Mike Alexander, Group President, Energy Solutions
- Tony Morgan, Group President, Urban Solutions
- Tom D'Agostino, Group President, Mission Solutions
- Headquarters: Irving, Texas, United States
- Number of Employees: Over 30,000
- Revenue: No information is available
- Known For: Complex megaprojects EPC services across various industries including energy, infrastructure, mining, government, and more.
Products
Energy Solutions
Fluor provides solutions for traditional energy markets as well as for the production of safer, cleaner, and sustainable energy solutions. These include:
1. Chemicals:
- Services: Conceptual design, engineering, procurement, and construction.
2. Fuels:
- Expertise includes consulting, design-build of new capital facilities, refineries, pipelines, offshore facilities, and operations retrofits.
3. Energy Transition
- Batteries & Energy Storage: Technical expertise in facility design and construction for the clean energy transition.
- Carbon Reduction: Technologies to lower greenhouse gas emissions and prevent emissions entering the atmosphere.
- Hydrogen: Production, storage, and transportation solutions for hydrogen, including green hydrogen from electrolysis or biomass gasification.
- Nuclear: Small modular reactors, nuclear new build, operations & management, waste management, and other nuclear-related services.
- Renewable Fuels & Chemicals: Engineering and constructing facilities to process feedstock into renewable fuels such as biodiesel and sustainable aviation fuel.
Urban Solutions
Fluor serves clients in infrastructure, mining, metals, advanced technologies, manufacturing, and life sciences industries. Key offerings include:
1. Technology: Design and innovation for hyperscale data centers, semiconductors, and advanced technologies.
2. Manufacturing: Solutions for speed-to-market, including for foods, beverages, fast-moving consumer goods, and robotics.
3. Life Sciences: Engineering, procurement, construction management, and validation services for biotechnology, animal health, medical devices, and pharmaceuticals.
4. Infrastructure: Solutions for bridges, highways, rail, toll roads, transit systems.
5. Mining & Metals: Project execution from mine to port and innovative solutions for various commodities and process technologies.
6. Plant & Facility Services: BestPLANT suite of services for asset management, maintenance & reliability, capital project management.
7. Staffing Resources: TRS Staffing Solutions for engineers, designers, project managers, and other technical personnel.
Mission Solutions
Providing technical and project expertise to government agencies for over 80 years. Services include:
1. Government: Engineering and construction services, base life support and operations for US military personnel, nuclear site maintenance, and emergency recovery services.
2. National Security: Solutions for complex challenges related to national security.
Recent Developments
- Aug 5, 2024: Leadership Changes - No specific details provided.
- Aug 2, 2024: Second Quarter 2024 Results - No specific details provided.
- Jul 29, 2024: Contract for Small Modular Reactor Power Plant in Romania - Awarded for the next phase of engineering and design.
- Jul 24, 2024: Gordie Howe International Bridge - Joint venture celebrated the connection of the bridge deck.
- Jul 8, 2024: LNG Canada Train One - Joint venture moves closer to completion with the final weld placement.
- Jun 27, 2024: Northvolt's Lithium-Ion Battery Facility in Germany - Awarded EPCM services for Phase One.
- Jun 14, 2024: National Nuclear Security Administration’s Pantex Plant Management - Team awarded management and operating contract.
- May 16, 2024: I-35 NEX South Project in San Antonio - Joint venture breaks ground on Phase 1.
Key Projects
1. LNG Canada Export Facility
- Client: LNG Canada
- Location: Kitimat, British Columbia, Canada
- Description: Largest energy investment in Canadian history. Fluor provides engineering, procurement, fabrication, and construction.
2. Quellaveco Open Pit Copper Mine
- Client: Anglo American and Mitsubishi
- Location: Near Moquegua, Peru
- Description: Advanced mine development, mine infrastructure, and ore processing at high altitude.
3. U.S. DOE Portsmouth Decontamination and Decommissioning
- Client: U.S. Department of Energy (DOE)
- Location: Pike County, OH, U.S.
- Description: Decontamination and decommissioning of over 10 million square feet of contaminated facilities.
4. Braya Renewable Fuels
- Client: Braya Renewable Fuels
- Location: Newfoundland and Labrador, Canada
- Description: Conversion of an idle refinery into a renewable fuels facility.
Partnerships & Accomplishments
- Energy Transition Projects: Leveraging expertise in renewable fuels, carbon reduction, hydrogen, and nuclear to support global decarbonization efforts.
- Community Impact Initiatives: Continued commitment to philanthropy and building a better world through various outreach and development programs.