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Fluor’s Econamine FG PlusSM Carbon Capture Technology Selected to Reduce CO2 Emissions at Chevron Facility
Fluor Corporation (NYSE: FLR) announced today that Chevron New Energies has signed a license agreement with Fluor to use its proprietary Econamine FG PlusSM carbon capture technology to reduce carbon dioxide (CO2) emissions at Chevron’s Eastridge Cogeneration facility in Kern County, California.
When installed, Fluor’s carbon capture solution is expected to reduce the Eastridge facility’s carbon emissions by approximately 95%. As part of the licensing agreement, Fluor will develop a process design package, supply proprietary equipment and provide technical support services throughout various stages of the project.