Staff Report
Published Aug. 1, 2012

Fluor Corp. said today it was awarded a contract by the joint venture comprising Ma'aden and Alcoa to provide engineering, procurement and construction management services for the automotive sheet facility at Ras Al-Khair in Saudi Arabia.

Fluor said it booked $337 million from that contract into the second quarter. Fluor’s Greenville office will manage the design and procurement services on the project.

The facility will produce lightweight aluminum to be used in vehicle manufacturing. The new facility is part of the Ma'aden-Alcoa aluminum complex that is under development in Saudi Arabia. The facilities include a mine, alumina refinery, aluminum smelter and rolling mill.

The aluminum plant will have the capability to produce a range of products, including automotive heat-treated and non-heat-treated sheet, building and construction sheet, and foil stock sheet.

"We are pleased to continue our relationship with Ma'aden and Alcoa to support the development of their aluminum complex in Saudi Arabia," said Rick Koumouris, head of Fluor's mining and metals business, in a press release. "This new manufacturing facility will help meet the global automotive industry's growing demands for new, lighter materials."