Fluor Corporation (NYSE: FLR) has entered into a contract with X-energy to support an advanced nuclear project at Dow's UCC Seadrift Operations in south Texas, the company announced.

Under the agreement, Fluor will provide Front-End Loading Stage 2 (FEL-2) services, which include project definition, strategic planning, feasibility assessment, cost control and risk mitigation. The company will recognize the undisclosed contract value for this initial work in the first quarter of 2026.

The X-energy project proposes to develop four 80-megawatt small modular reactor units to supply Dow's Seadrift site with electricity and industrial steam, replacing existing energy and steam infrastructure. The project is supported by the U.S. Department of Energy's Advanced Reactor Demonstration Program, which accelerates commercialization of advanced nuclear technologies through cost-shared partnerships with industry.

A construction permit application was submitted in March 2025 and is currently under review by the U.S. Nuclear Regulatory Commission. X-energy was selected by the DOE in 2020 to develop, license and build its XE-100 advanced small modular reactor and a TRISO-X fuel fabrication facility.

"X‑energy's technology offers a powerful pathway for small modular reactors to deliver safe, reliable and fit-for-purpose baseload power in an industrial setting," said Pierre Bechelany, Fluor's Business Group President of Energy Solutions.

The company states the Seadrift project is expected to become the first grid-scale advanced nuclear reactor deployed to serve an industrial facility in North America. Dow's UCC Seadrift Operations span 4,700 acres and produce more than 4 billion pounds of materials annually.