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Fluor's Q2 New Orders Surge to $6.1 Billion, Nuclear Fuel Enrichment Projects Boost Backlog to $26.9 Billion

U.S. engineering and construction giant Fluor demonstrated a clear acceleration in order intake in the second quarter of 2026, with new project awards reaching $6.1 billion, significantly higher than the $1.8 billion recorded in the same period last year. Among these, nuclear fuel enrichment projects emerged as a key highlight, driving the company's ending backlog to $26.9 billion. The rapid expansion in order volume indicates that customer demand for its engineering, procurement, and construction capabilities is recovering, and also reflects the tangible results of converting earlier front-end design and project development work. In terms of contract structure, 89% of Fluor's new orders this quarter were reimbursable contracts, while reimbursable contracts also accounted for 85% of total backlog, up from 80% in the same period last year....

2026-08-09

Brazilian nuclear industry company starts fuel production for Angra 2's 22nd refueling

Brazilian Nuclear Industries (INB) has started production of nuclear fuel required for the 22nd refueling of Unit 2 at the Angra Nuclear Power Plant (Angra 2). On July 28, INB completed the assembly of the first fuel assembly at the Nuclear Fuel Factory (FCN) in Resende, Rio de Janeiro State; on July 30, the fuel assembly passed all established quality inspections in the production process and was certified. According to the plan, INB will manufacture a total of 52 fuel assemblies for this refueling. The assembly work is expected to be completed in December 2026 and delivered to Eletronuclear in March 2027. Recently, INB has made progress in several key stages of the nuclear fuel manufacturing chain. On July 28, approximately 240 tons of enriched...

2026-08-05