U.S. Energy Dept. and contractor Bechtel National officially start up giant waste processing plant on Oct. 15 to meet consent decree deadline, after design and construction investment of more than 20 years and $30 billion.
Australia court said contractor owes energy firm Santos at least $450M in overpayments in building Gladstone terminal in Queensland, operating since 2015.
Bechtel, Fluor, Turner Construction, North America’s Building Trades Unions, DPR, Kiewit, Clark Construction and Skanska execs aim to lower industry's craftworker suicide rate and boost mental health.
This next-generation factory in China, owned by U.S.-based Albemarle Corp. to convert lithium ore into 50,000 tons per year of battery-grade lithium hydroxide for electric vehicle batteries, is the first to be internationally designed in the country.
Tutor Perini had record backlog but a $152M loss from project charges, while Quanta Services reported revenue below market expectations but strong sales and margins in its renewable energy unit and billions in future projects it is “well positioned to win.”
Engineer-contractor giant cited project impacts and less-than-expected energy business earnings, but market watchers see key areas of growth next year.