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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Fluor Corp | NYSE:FLR | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.29 | 0.65% | 44.64 | 44.89 | 43.78 | 43.78 | 1,474,496 | 01:00:00 |
Five consortiums of engineering and construction firms have placed bids for a project to double capacity at Mexico's Cangrejera petrochemicals complex, said Petroleos Mexicanos on Thursday.
Pemex expects to invest $63 million in 2009 and a total of $504 million over the next three years to build three plants and double paraxylene capacity to 488,000 tons a year at Cangrejera. Pemex said it will announce a winner on May 25.
The consortiums include ICA Fluor, a joint venture of Mexico's Empresas ICA (ICA) and Fluor Corp. (FLR). The Cicsa construction unit of Mexican conglomerate Grupo Carso SAB (GCARSO.MX) also teamed up with SNC-Lavian Inc. to place a bid.
Spanish construction company Actividades de Construccion y Servicios SA (ACS.MC) also placed a bid through its Dragados Industrial subsidiary. Local firm Senermex Ingenieria joined this consortium.
OHL Industrial and Inelectra North America teamed up to place a bid. Tecnimont and its local unit, Tecnimont Mexico, also placed a bid.
-By Peter Millard; Dow Jones Newswires; 5255-5001-5724; peter.millard@dowjones.com
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