PASADENA, Calif., March 20,
2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:
JEC) announced today it received a contract from Teck Metals Ltd.
to design and supply a new sulfuric acid plant for its Trail
operation located in British Columbia,
Canada.
Officials estimate the contract value to be approximately
$50 million.
The new acid plant is replacing two aging plants at the site and
is expected to improve operating reliability and flexibility,
reduce downtime and maintenance costs, and improve environmental
performance. The contract includes the design of the complete
sulfuric acid plant contact section, including catalytic DeNO(x)
system, as well as supply of all equipment and the majority of
materials. The plant includes Jacobs' proprietary Chemetics®
equipment throughout, including stainless steel converter (with
dual internal exchangers), radial flow gas-gas exchangers, acid
coolers and SARAMET® distributors and piping. The bulk of the
proprietary equipment is being fabricated at Jacobs' facility in
Pickering, Ontario.
Jacobs Group Vice President Andy
Kremer stated, "We have been working together with Teck
Trail Operations for many years on a variety of projects, and we
are delighted that Teck has selected our technology for its new
acid plant. We look forward to expanding our relationship with
Trail Operations as the project is executed."
Trail Operations include one of the world's largest fully
integrated zinc and lead smelting and refining complexes, a
two-thirds interest in the Waneta hydroelectric dam and ownership
of the dam's transmission system. The metallurgical operations
produce refined zinc and lead, as well as a variety of precious and
specialty metals, chemicals and fertilizer products.
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.
For additional information contact:
Michelle Jones
626.578.6968
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http://photos.prnewswire.com/prnh/20110628/LA26838LOGO)
SOURCE Jacobs Engineering Group Inc.