Fluor has formed a new joint venture with São Paulo-based Construcap, named CFPS Engenharia e Projetos, to pursue engineering, procurement and construction management projects in Brazil.
The joint venture will pursue new capital projects for oil, gas and chemicals markets, new power generation, life sciences, automotive and other manufacturing industries, the Texas-based engineering and construction company said in a statement.
Construcap is a privately held Brazilian construction company that had revenue of US$1 billion in 2011. Its projects include oil and gas, infrastructure, power, mining and metals, automotive and manufacturing facilities.
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