Fluor weighs up China joint venture exit following poor returns

US contractor had been expected to relinquish its 49% stake in JV with COOEC if its investment failed to pay off

The CFHI facility in Zhuhai, China, where Fluor has a 49% stake.
The CFHI facility in Zhuhai, China, where Fluor has a 49% stake.Photo: COOEC
Published 31 July 2024, 01:32Updated 31 July 2024, 01:32
FluorCOOECChinaCOOEC Fluor Heavy IndustriesNorth America