Fluor Awarded FEED Contract for World’s First Industrial-Scale Sodium-Ion Battery Production Facility
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.
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.