The Associated Press April 15, 2008, 6:44AM ET

Fluor receives contract from LDK Solar

IRVING, Texas

Fluor Corp. said Tuesday it received a contract from LDK Solar Co. to provide engineering, procurement and construction management services for a new polysilicon plant in China.

Fluor initially booked part of the $1 billion project's work in the 2007 third quarter, with the remainder booked in the first quarter of 2008.

The plant will be located in Xinyu City, Jiangxi, China, adjacent to existing LDK solar wafer manufacturing plants. The new facility is expect to create up to 15,000 metric tons per year of polysilicon and 90,000 metric tons per year of trichlorosilane once finished.

Work on the plant began in August 2007, with the completion of all three mechanical lines expected by July 2009.


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