STOCK TITAN

Renewable Fuels Project in Canada Begins Production

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Fluor 's (FLR) project in Canada, the Braya Renewable Fuels facility, has started production, converting an idled petroleum refinery into a modern facility producing renewable diesel fuel. The project aims to support Canada's global climate impact by decarbonizing sectors like heavy-duty transportation and aviation.
Il progetto della Fluor (FLR) in Canada, l'impianto di carburanti rinnovabili Braya, ha iniziato la produzione, trasformando una raffineria di petrolio dismessa in un impianto moderno che produce diesel rinnovabile. Il progetto mira a supportare l'impatto climatico globale del Canada attraverso la decarbonizzazione di settori come il trasporto pesante e l'aviazione.
El proyecto de Fluor (FLR) en Canadá, la instalación de Combustibles Renovables Braya, ha comenzado su producción, convirtiendo una refinería de petróleo inactiva en una instalación moderna que produce diésel renovable. El proyecto busca apoyar el impacto climático global de Canadá mediante la descarbonización de sectores como el transporte pesado y la aviación.
캐나다에 있는 플루어(FLR)의 프로젝트인 브라야 재생 에너지 연료 시설이 생산을 시작하여 사용되지 않던 석유 정제소를 재생 디젤 연료를 생산하는 현대적 시설로 변환하였습니다. 이 프로젝트는 중화물 운송 및 항공과 같은 분야의 탈탄소화를 통해 캐나다의 글로벌 기후 영향을 지원하고자 합니다.
Le projet de Fluor (FLR) au Canada, l'installation de carburants renouvelables Braya, a commencé la production, transformant une raffinerie de pétrole au repos en une installation moderne produisant du diesel renouvelable. Le projet vise à soutenir l'impact climatique mondial du Canada en décarbonant des secteurs tels que le transport lourd et l'aviation.
Das Projekt von Fluor (FLR) in Kanada, die Braya Erneuerbare Brennstoffanlage, hat mit der Produktion begonnen und eine stillgelegte Erdölraffinerie in eine moderne Anlage zur Herstellung von erneuerbarem Dieselkraftstoff umgewandelt. Das Projekt zielt darauf ab, Kanadas globalen Klimaeinfluss durch die Dekarbonisierung von Sektoren wie dem Schwerlastverkehr und der Luftfahrt zu unterstützen.
Positive
  • The production startup of the Braya Renewable Fuels facility in Canada marks a significant milestone for Fluor
  • Fluor provided engineering and procurement services to convert the petroleum refinery into a modern facility producing renewable diesel fuel.
  • The project supports Canada's efforts to decarbonize hard-to-abate sectors like heavy-duty transportation and aviation.
  • Fluor's President of Production & Fuels business, Jason Kraynek, highlighted the importance of the project in improving Canada's global climate impact.
  • Fluor also provided construction support services through startup of the facility.
Negative
  • None.

IRVING, Texas--(BUSINESS WIRE)-- A Fluor Corporation (NYSE: FLR) project reached a major milestone recently with the production startup of the Braya Renewable Fuels facility in Come by Chance, Newfoundland and Labrador, Canada. Fluor provided engineering and procurement (EP) services to convert the idled petroleum refinery into a modern facility that produces renewable diesel fuel from soybean oil and other low carbon intensity feedstocks.

Aerial view of the Braya Renewable Fuels facility in Come by Chance, Newfoundland and Labrador, Canada (Photo: Business Wire)

Aerial view of the Braya Renewable Fuels facility in Come by Chance, Newfoundland and Labrador, Canada (Photo: Business Wire)

“The transformation of this facility into a sustainable asset improves Canada’s global climate impact by supporting the decarbonization of hard-to-abate sectors such as heavy-duty transportation and aviation,” said Jason Kraynek, President of Fluor’s Production & Fuels business. “Fluor was proud to be part of this exciting renewable fuels project and I commend the Braya team for its safe startup.”

In addition to EP services, Fluor provided construction support services through startup.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s 30,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $15.5 billion in 2023 and is ranked 303 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 110 years. For more information, please visit www.fluor.com or follow Fluor on Facebook, LinkedIn, X and YouTube.

#EnergySolutions

Brett Turner

Media Relations

864.281.6976

Jason Landkamer

Investor Relations

469.398.7222

Source: Fluor Corporation

FAQ

What is the ticker symbol of Fluor ?

The ticker symbol of Fluor is FLR.

Where is the Braya Renewable Fuels facility located?

The Braya Renewable Fuels facility is located in Come by Chance, Newfoundland and Labrador, Canada.

What type of fuel is produced at the Braya Renewable Fuels facility?

The Braya Renewable Fuels facility produces renewable diesel fuel from soybean oil and other low carbon intensity feedstocks.

Who provided engineering and procurement services for the Braya Renewable Fuels facility?

Fluor provided engineering and procurement services for the Braya Renewable Fuels facility.

What did Fluor provide in addition to EP services for the Braya Renewable Fuels facility?

Fluor provided construction support services through startup for the Braya Renewable Fuels facility.

Fluor Corporation

NYSE:FLR

FLR Rankings

FLR Latest News

FLR Stock Data

8.69B
168.92M
1.35%
92.74%
3.85%
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
Link
United States of America
IRVING