PASADENA, Calif., Jan. 10, 2012 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE:JEC) announced today that its
Chemetics® unit in Pickering, Ontario, Canada has been awarded a
design and fabrication contract by Ballance Agri-Nutrients for one
Cold Heat Exchanger to be installed in their sulphuric acid plant
in New Zealand.
Officials estimate the construction value to be $2 million with a Chemetics contract value
estimated at $745 thousand.
The scope of work involves the design and fabrication of a Cold
Heat Exchanger plus redesign of the interconnecting ducting for the
heat exchanger. Ballance selected Chemetics based on
Chemetics' experience, technical merit and the appropriateness of
the design for Ballance's plant. Ballance preferred Chemetics
proprietary Radial Flow Gas-Gas Heat Exchanger Design over other
available designs on the basis that it was technically superior to
others available in the marketplace. This project builds on
the customer relationship established on an acid cooler project
Chemetics recently completed with Ballance. Ballance was
pleased with the product and the quality of site service and
training they received from Chemetics' Technical Services
Group.
In making the announcement, Jacobs Group Vice President
Andy Kremer stated, "This project
shows Chemetics strong client relationships where we provide
innovative technical solutions and equipment designs to solve our
client's persistent performance and maintenance issues."
Jacobs is one of the world's largest and most diverse providers
of technical, professional, and construction services.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management's current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from 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 2011 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 do not undertake to update any forward-looking
statements made herein.
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For additional information contact:
Michelle Jones
626.578.6968
SOURCE Jacobs Engineering Group Inc.