Fluor Awarded FEED Contract for World’s First Industrial-Scale Sodium-Ion Battery Production Facility
October 25 2023 - 4:03PM
Business Wire
Fluor Corporation (NYSE: FLR) announced today that its Advanced
Technologies & Life Sciences business line has been selected by
Altris AB to provide front-end engineering and design (FEED)
services for the world’s first industrial-scale sodium-ion battery
production facility in Sandviken, Sweden. Fluor recognized the
undisclosed contract value in the third quarter of 2023.
“This is a major step forward in battery evolution and the
energy transition journey,” said Richard Meserole, president of
Fluor’s Advanced Technologies & Life Sciences business line.
“We are thrilled that Altris turned to Fluor to help them bring
this cutting-edge technology to market that will transform
manufacturing to be safer and more sustainable. It is always
rewarding when we can help our clients take ideas from concept to
commercialization.”
Altris is a Swedish sodium-ion battery maker that develops
cathodes, electrolytes, battery cells and the industrialization
process for these products. Sodium-ion batteries are inherently
safe and easy to recycle because they are mainly comprised of salt,
wood, iron and air.
The project will be managed from Fluor’s Farnborough, England
office. FEED completion is scheduled for early 2024.
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 40,000 employees provide professional and
technical solutions that deliver safe, well-executed,
capital-efficient projects to clients around the world. Fluor had
revenue of $13.7 billion in 2022 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 Twitter, LinkedIn, Facebook and
YouTube.
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