Jacobs Awarded Contract for Sulfuric Acid Regeneration Plant
March 12 2013 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was
awarded a contract by Jiangsu Sailboat Petrochemical Co., Ltd. for
the design of a sulfuric acid regeneration plant in Lianyungang,
Jiangsu, People’s Republic of China.
Officials did not disclose the contract value.
Under the terms of the contract, Jacobs is providing the process
design package, detailed design for critical equipment, design and
supply of Jacobs' proprietary Chemetics® equipment, as well as
technical advisory services for construction and commissioning of
the plant. The regeneration plant is expected to treat spent acid
from a new Methylmethacrylate (MMA) and Acrylonitrile (AN)
production facility, and is the first regeneration plant in
mainland China to use a combination of Jacobs’ proprietary SAR
(Sulfuric Acid Regeneration) and SAC (Sulfuric Acid Concentration)
technologies in an effort to reduce overall energy requirements for
the facility.
Jacobs Group Vice President Andy Kremer stated, “We are pleased
that our proprietary SAC and SAR technologies are being adopted by
Jiangsu Sailboat for its new sulfuric acid regeneration plant. We
look forward to working together with Jiangsu Sailboat to deliver a
successful project.”
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 2012 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.
Jacobs Engineering (NYSE:JEC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Jacobs Engineering (NYSE:JEC)
Historical Stock Chart
From Jul 2023 to Jul 2024