PASADENA, Calif., July 17, 2012 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE: JEC) announced today that it has been awarded a
design and fabrication contract by INEOS Enterprises Limited for
two gas-gas heat exchangers to be installed in a sulfuric acid
plant at its Runcorn, Cheshire site in the United Kingdom.
Officials did not disclose the contract value.
INEOS Enterprises selected Jacobs' proprietary
Chemetics® radial flow gas-gas heat exchanger design
over other available designs on the basis that it provides the most
appropriate design and technical solution for INEOS Enterprises'
plant. The equipment is expected to be fabricated at Jacobs'
facility in Pickering, Ontario.
Jacobs Group Vice President Andy
Kremer stated, "The award of this project confirms the
technical strength of our proprietary equipment design, supported
by our exceptional experience, and we look forward to working with
INEOS Enterprises to add value to the performance and reliability
of its plant."
INEOS Enterprises consists of a portfolio of eleven businesses
manufacturing chemicals throughout Europe, with sales to customers around the
world. Its diverse product portfolio includes a number of leading
market brands; serves a wide range of industry sectors with
applications in agriculture, food and drink, automotive, personal
care, pharmaceuticals, construction and technology; and supplies
intermediates in the production of other chemical 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.
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For additional information contact:
Michelle Jones
626.578.6968
SOURCE Jacobs Engineering Group Inc.