Fluor signs FEED contract with Heidelberg Materials for GeZero project

Fluor (FLR) announced that it has signed a Front-end Engineering and Design, or FEED, contract with Heidelberg Materials for its GeZero project to integrate an industrial-scale carbon capture and storage solution into its cement production facility in Geseke, Germany. Fluor will recognize the undisclosed contract value in the fourth quarter of 2024. Fluor will be responsible for design integration of several decarbonization technologies at the Geseke cement production facility. Construction is planned to start in 2026, with commissioning three years later.