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Comment Business & Economics

Fluor acquires sulfur technology company  

By Gerald Ondrey |

Fluor Corp. (Irving, Tex.; www.fluor.com) has made a niche acquisition of Goar, Allison & Associates, a unit of Air Products. The Tyler, Texas-based company provides sulfur technologies for upstream gas plants, downstream refineries and gasification. The acquisition is consistent with Fluor’s ongoing evaluation of pursuing companies in key areas to support the oil and gas sector and other core Fluor markets. Goar, Allison & Associates (GAA) was founded in 1975 and has been owned by Air Products since May 2008. Fluor has been actively involved working with GAA for nearly 20 years due to the company’s core sulfur handling technologies — oxygen enrichment for Claus sulfur plants and molten sulfur. GAA’s core technologies are complementary to Fluor’s existing sulfur technologies. GAA has installed more than 100 applications of its sulfur degassing technology in refineries and sour gas projects worldwide. "Fluor’s acquisition of Goar, Allison & Associates provides additional value for oil and gas clients in both the upstream and downstream capital project segments," says Peter Oosterveer, president of Fluor’s Energy & Chemicals Group. "As we’re called upon by…
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