Fluor’s Phosphate Megaproject in Saudi Arabia Begins Production

  Fluor’s Phosphate Megaproject in Saudi Arabia Begins Production

Business Wire

IRVING, Texas -- August 10, 2017

Fluor Corporation (NYSE: FLR) announced today that the Ma’aden Wa’ad Al-Shamal
Phosphate Company’s (MWSPC) Umm Wu’al Phosphate Project in Saudi Arabia has
started production of ammonia, merchant-grade acid and fertilizer. Fluor is
providing overall program management services for this $8 billion megaproject,
in addition to engineering, procurement and operations and readiness services
for various scopes.

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Looking West from sulfuric acid stack at Ma’aden’s Umm Wu’al Phosphate
Facility (Photo: Business Wir ...

Looking West from sulfuric acid stack at Ma’aden’s Umm Wu’al Phosphate
Facility (Photo: Business Wire)

“As part of Saudi Arabia’s Vision 2030, this world-class project will have a
long-lasting impact on the region, as it diversifies the country’s economy and
creates local job opportunities for citizens,” said Tony Morgan, president of
Fluor’s Mining and Metals business. “After less than four years from the start
of the execution phase, we are proud to have partnered with Ma’aden to bring
this facility to production. We look forward to continuing our partnership
with Ma’aden in developing their next phase of mining projects in Saudi Arabia
through our recently signed memorandum of understanding.”

Production has begun on diammonium phosphate fertilizer, merchant-grade acid
and ammonia. Phosphate serves as a key element in fertilizer for agricultural
crops. As one of the largest integrated phosphate fertilizer plants in the
world, the facility will help meet global food supply needs by delivering 3
million metric tons per annum of diammonium phosphate and nitrogen,
phosphorous and potash fertilizers.

With a peak site workforce of 28,000 from more than 50 nationalities, Fluor
implemented its world-class safety programs, including its Life Critical^SM
program, to support the project. As a result of these programs, the project
has achieved more than 46 million consecutive work hours without a lost-time
incident.

MWSPC is a joint venture between The Saudi Arabian Mining Company (Ma’aden),
The Mosaic Company and Saudi Arabia Basic Industries Corporation (SABIC).

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 billion in 2016
and has more than 60,000 employees worldwide. For more information, please
visit www.fluor.com or follow Fluor on social media at Facebook, Twitter,
LinkedIn and YouTube.

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.@FluorCorp’s phosphate #megaproject in #SaudiArabia begins production.

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Contact:

Fluor Corporation
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
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