ICA Fluor Signs $276 Million Contract to Build Two Modular Cryogenic Plants for PEMEX.IRVING, Texas Irving (pronounced 'er-ving') is a city located in the U.S. state of Texas within Dallas County. According to the 2000 U.S. Census, the city population was 191,615; the 2006 estimate was 201,927 according to the North Central Texas Council of Governments, and 196,084 according to -- ICA Ica (ē`kä), city (1993 pop. 108,724), capital of Ica dept., SW Peru, on the Pan-American Highway. It is a commercial center for the cotton, wool, and wine produced in the region. There are several summer resorts nearby. Fluor, the industrial engineering and construction company, jointly owned by Fluor Corporation (NYSE NYSE See: New York Stock Exchange :FLR FLR Floor FLR Florence, Italy (Airport Code) FLR Flare FLR Florida Lambda Rail FLR Forest Land Reserve FLR Forward-Looking Radar FLR Female Led Relationship FLR Force of Lower Readiness ) and Empresas ICA (NYSE:ICA), today announced the signing of a contract for the engineering, procurement, construction and start-up support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other 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, 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 Engineering is a collective term to describe the application of scientific theory in the design, creation, and maintenance of technology. According to 1992 NSF data, the largest fields of engineering are Civil, Electrical / Electronic, Industrial and Mechanical Engineering (by number of , 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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