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ICA Fluor Signs $276 Million Contract to Build Two Modular Cryogenic Plants for PEMEX.


IRVING, Texas -- ICA (Independent Computing Architecture) The core of the Citrix Presentation Server product line that enables a Windows or Unix server to run an application for multiple users simultaneously, while sending only the changes in the user interface to the client machine. This is similar to the days of mainframes, but with a graphical interface rather than character based. ICA client support includes Windows, DOS, Macintosh, Unix, Linux, Java and Web browsers. Fluor FLUOR - Facturació Lògica Universal Oberta I Ràpida (Spanish: Logical, Universal, Open and Quick invoicing)
FLUOR - Fluorescent
, the industrial engineering industrial engineering: see engineering. and construction company, jointly owned by Fluor Corporation (NYSE:FLR FLR - Field Level Repair(able)
FLR - Field Level Reparable
FLR - Flight Line Reference
FLR - Florence, Italy (Airport Code)
FLR - Florida Lambda Rail
FLR - Food Labelling Regulation (UK)
FLR - Forest Land Reserve
FLR - Forward-Looking Radar
) and Empresas ICA (NYSE:ICA), today announced the signing of a contract for the engineering, procurement, construction and start-up support services for two modular cryogenic plants for Pemex Gas y Petroquimica Basica. The total contract value is $276 million. The contract will be booked in fourth quarter 2006 and the value will be split evenly between Fluor and Empresas ICA.

The consortium formed by ICA Fluor and Linde Process Plants Inc., will develop the project, which is scheduled to be completed in approximately 24 months.

Located in the gas processing center of Reynosa, Tamaulipas Tamaulipas (tämoulē`päs), state (1990 pop. 2,249,581), 30,734 sq mi (79,601 sq km), NE Mexico, on the Gulf of Mexico. Ciudad Victoria is the capital. The central and western parts of the state are in the mountains of the Sierra Madre Oriental., Mexico, the cryogenic plants will have a total capacity of 200 million standard cubic feet-per-day capacity and will be based on state-of-the art turbo-expander technology.

PEMEX Exploration and Production is a subsidiary of PEMEX, Mexico's state-owned integrated oil and gas company.

ICA Fluor is the leading industrial engineering company in Mexico, dedicated to the engineering, procurement, construction and maintenance of industrial facilities in the oil and gas, chemical, petrochemical, automotive, electricity, mining and telecommunication industries.

Fluor Corporation (NYSE:FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, and maintenance and project management. Now headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $13.2 billion in 2005.

For more information, visit www.fluor.com.

Empresas ICA was founded in 1947. ICA's principal lines of business are construction and engineering; housing; and infrastructure operations, including airports, toll roads, and municipal services.

For more information please visit www.ica.com.mx.

(FLRG)
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Publication:Business Wire
Date:Jan 16, 2007
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