Stork Awarded GARAMITE Additives Expansion Project by BYK in Texas
Get Alerts FLR Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.3%
EPS Growth %: +62.8%
Join SI Premium – FREE
IRVING, Texas & UTRECHT, Netherlands--(BUSINESS WIRE)-- Fluor Corporation (NYSE: FLR) announced today that Stork, part of Fluor’s Diversified Services segment, was awarded a construction contract by BYK USA Inc. for its new GARAMITE additives process unit at its manufacturing plant in Gonzales, Texas. Fluor booked the undisclosed contract value in the first quarter of 2018.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180501005162/en/
Dr. Stephan Glander, CEO BYK, Alison Avery, president BYK USA NAFTA and Bob Frawley, director of Stork's Gulf Coast Operations with BYK's executive team at the ground breaking ceremony for the GARAMITE Project at Gonzales, Texas. (Photo: Business Wire)
“The new contract from BYK expands Stork’s services at the Gonzales site where we are already providing engineering support for an existing process unit and a new wastewater treatment plant,” said Taco de Haan, Stork’s president. “This important new award validates Stork’s commitment to building long-term relationships with our clients by providing an unremitting focus on safety, client satisfaction and delivering execution excellence.”
“During the bid process, Stork developed the perfect fit for our project requirements and challenges by offering concrete solutions to optimize the project needs,” said Arturo Nodal, project manager and project engineer at BYK. “I am impressed with Stork’s remarkable perseverance and effectiveness to earn our business and to be part of BYK’s future endeavors.”
BYK is a world leading supplier of chemical additives and measuring instruments. GARAMITE products from BYK are natural rheology additives. They ensure, for example, that coatings have the right viscosity and contribute to the lightweight construction of automobiles.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served its clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 149 on the Fortune 500 list with revenue of $19.5 billion in 2017 and has more than 56,000 employees worldwide. For more information, please visit www.fluor.com or follow Fluor on social media at Facebook, Twitter, LinkedIn and YouTube.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180501005162/en/
Fluor Corporation
Global Media Relations
Brian Mershon,
469-398-7621
or
Brett Turner, 864-281-6976
or
Investor
Relations
Geoff Telfer, 469-398-7070
or
Jason Landkamer,
469-398-7222
or
EAME Media Relations
Janet Kearns, +44
1252 292039
or
Stork Media Relations
Gijs Vrenken, +31 6
83001264
Source: Fluor Corporation
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fluor signs long-term program management deal with Aramco
- Australian Firms Shift Cybersecurity Focus to Resilience
- Longtime Offshore-Energy Investor Robotti & Company Calls on McDermott Board to Let All Shareholders Participate Equally in Rights Offering
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share