PASADENA, Calif., Dec. 7, 2010 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE: JEC) announced today that it received a contract
from CPC Corporation, Taiwan (CPC)
to design and license Jacobs' proprietary EUROCLAUS® technology for
a desulfurization unit as part of the Ta-Lin refinery expansion
project in Kaoshiung, Taiwan.
Officials did not disclose the contract or investment values,
but noted that Jacobs will execute the project from its office in
Leiden, The Netherlands.
This project is the first to combine Jacobs' EUROCLAUS®
technology with DynaWave® technology, which is engineered and
licensed by U.S.-based MECS, Inc., the world's largest supplier of
sulfuric acid technology. The combination of these two unique
technologies makes it possible to achieve very low sulfur emissions
at low investment cost compared to existing technologies. The new
desulfurization unit will be integral to CPC's refinery
operations.
Jacobs introduced EUROCLAUS® technology to the global
marketplace in 1985 and now has over 200 units in operation.
Addition of the DynaWave® technology to the EUROCLAUS® process
nearly eliminates sulfur from the production process. This results
in cleaner fuels with minimal gaseous emissions and lower energy
consumption.
CPC, a state-owned petroleum, natural gas,
and gasoline company in Taiwan and the core of
the Taiwanese petrochemicals industry, will design and
build the Ta-Lin refinery expansion. The new facility, scheduled to
be operational in 2013, will produce clean fuels products for the
local Taiwanese market.
In making the announcement, Jacobs Group Vice President
Robert Matha stated, "As a leader in
desulphurization technology, we are proud to support CPC in
providing environmentally friendly, clean fuels to their
customers."
Jacobs is one of the world's largest and most diverse providers
of technical, professional, and construction services.
Any statements made in this release that are not based on
historical fact are forward-looking
statements. Although such statements are based on
management's current estimates and expectations, and currently
available competitive, financial, and economic data,
forward-looking statements are inherently uncertain. We,
therefore, caution the reader that there are a variety of factors
that could cause business conditions and results to differ
materially from what is contained in our forward-looking
statements. For a description of some of the factors which
may occur that could cause actual results to differ from our
forward-looking statements please refer to our 2010 Form 10-K, and
in particular the discussions contained under Items 1 - Business,
1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations. We also caution the readers of this release that
we do not undertake to update any forward-looking statements made
herein.
For additional information
contact:
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Michelle Jones
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626.578.6968
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(Logo:
http://photos.prnewswire.com/prnh/20090109/JACOBSEGLOGO)
SOURCE Jacobs Engineering Group Inc.