Jacobs Receives Contract from RSPL Limited for Soda Ash Plant
August 28 2012 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
has received a contract from RSPL Limited to provide engineering
services for a new greenfield soda ash plant in Gujarat, India.
Officials did not disclose the contract value, however noted
that the total contract duration is 36 months.
Under the terms of the contract, Jacobs is providing detailed
engineering, project management, procurement and construction
supervision services for RSPL Limited’s greenfield project. The
capacity of the facility is estimated at 500,000 tons of light soda
ash per year, approximately half of which can be converted in the
production of dense soda ash.
In making the announcement, Jacobs Group Vice President Allyn
Taylor stated, “We appreciate RSPL Limited’s confidence in us,
given our excellent track record in setting up soda ash plants in
India. We are committed to delivering a high level of value on this
project and are pleased that we are able to continue expanding the
capabilities we provide to growing business sectors throughout
India."
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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