PASADENA, Calif., May 8, 2012 /PRNewswire/ -- Jacobs
Engineering Group Inc. (NYSE:JEC) announced today it was awarded a
contract from Evonik Industries AG to provide basic engineering
services for an investment in a grassroots polyamide 12 production
facility in Asia.
Officials did not disclose the contract value.
Jacobs has been working closely with Evonik's project team in
Marl, Germany to develop the
conceptual design for the new plant, which is based on Evonik's
existing plants in Germany.
Members of the integrated project team are operating from Jacobs'
office in Leiden, The Netherlands
to undertake the FEED work, supported by Jacobs' office in
Mumbai, India.
Under a separate framework contract signed in 2011, Jacobs is
providing engineering services as the Owner's Engineer on Evonik's
process industry projects worldwide.
In making the announcement, Jacobs Group Vice President
Robert Matha stated, "Jacobs has
formed a rewarding relationship with Evonik through demanding
projects in Europe, the U.S., and
Asia. We are very pleased to build
on our global relationship by executing this next phase of Evonik's
investment in Asia."
Evonik is one of the world's largest specialty chemicals
companies. It has production facilities in 28 countries. As
currently planned, the new facility is expected to support the
growing demand in Asia for
Evonik's advanced polymer product.
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.