Jacobs Receives Contract from BP in Belgium
January 06 2015 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
received a contract from BP Chembel N.V. for basic and detailed
engineering services to upgrade its facilities in Geel,
Belgium.
Under the terms of the contract, Jacobs is installing new
equipment and performing upgrades in the facility’s PTA units. BP’s
Geel site is a major producer of purified terephthalic acid and
paraxylene, typically used in the manufacture of polyesters. The
goal of this project is to optimize operational performance of the
BP Geel facilities.
In making the announcement, Jacobs Group Vice President Mark
Bello stated, “We have provided services to BP at its facility in
Geel for a number of years and are delighted to further develop the
relationship through this contract. We look forward to utilizing
our extensive capabilities and expertise to support BP with its
business objectives.”
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 2014 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 Group Inc.Michelle Jones, 626-578-6968
Jacobs Engineering (NYSE:JEC)
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