Fluor has been awarded a reimbursable contract by Dow to provide front-end engineering and design (Feed) and EPCM services for the world’s first net-zero carbon emissions ethylene cracker and derivatives complex in Canada. 

 

Fluor will book the initial Feed award for the project in Saskatchewan, Alberta, in the first quarter and anticipates the additional EPCM (engineering, procurement and construction management) scope will be awarded throughout 2023 pending a final investment decision by Dow’s Board of Directors.

 

“We commend Dow for its leadership and commitment to decarbonise its global footprint, and we are pleased to work together with the company on this important project,” said Jim Breuer, group president, Fluor’s Energy Solutions business. “Fluor’s expertise in energy transition is helping clients across industries reduce greenhouse gas emissions and improve energy efficiency.”

 

1 billion of EBITDA  

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 decarbonise approximately 20% of its global ethylene capacity while growing its polyethylene supply by about 15% and supporting approximately $1 billion of EBITDA (earnings before interest, taxes, depreciation and amortisation) 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 programme and EPCM services for the ethane cracker and associated utilities, power and infrastructure.-- TradeArabia News Service