Fluor Wins Feed, EPCM Contracts for World’s First Net-Zero Ethylene and Derivatives Complex

Decarbonization Fluor Wins Feed, EPCM Contracts for World’s First Net-Zero Ethylene and Derivatives Complex

2023-02-22 Source: Press release Ahlam Rais 1 min Reading Time

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Fluor Wins Feed, EPCM Contracts for World’s First Net-Zero Ethylene and Derivatives Complex Dow has awarded Fluor with a Feed and EPCM services contract for developing the world’s first net-zero carbon emissions ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada. With this project, the company aims to decarbonize 20 % of its global ethylene capacity while growing its polyethylene supply by about 15 %.

Dow’s net-zero emissions ethylene cracker and derivatives complex is subject to approval by Dow’s Board of Directors and various regulatory agencies.(Source: Pixabay) — Dow’s net-zero emissions ethylene cracker and derivatives complex is subject to approval by Dow’s Board of Directors and various regulatory agencies.
(Source: Pixabay)

Texas/USA – Fluor has been awarded a reimbursable contract by Dow to provide front-end engineering and design (Feed) and engineering, procurement and construction management (EPCM) services for the world’s first net-zero carbon emissions (scope 1 and 2 carbon dioxide emissions) ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada. Fluor will book the initial Feed award in the first quarter and anticipates that the additional EPCM scope will be awarded throughout 2023 pending a final investment decision by Dow’s Board of Directors.

Dow’s net-zero emissions ethylene cracker and derivatives complex, which is subject to approval by Dow’s Board of Directors and various regulatory agencies, would decarbonize approximately 20 percent of its global ethylene capacity while growing its polyethylene supply by about 15 percent and supporting approximately 1 billion dollars of Ebitda (earnings before interest, taxes, depreciation and amortization) growth across the value chain by 2030.

The additional project scope to be awarded in 2023 includes integrated project management team services for the entire Fort Saskatchewan Path2Zero program and EPCM services for the ethane cracker and associated utilities, power and infrastructure.

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