Borealis Selects Jacobs to Conduct Polypropylene Expansion Feasibility Study
February 13 2018 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) has been awarded a
contract to complete a feasibility study for the expansion of
Borealis’ polypropylene plants in Belgium. The study was awarded
under the terms of the existing framework agreement with
Borealis.
The potential capacity increase of the polypropylene plants
would take full advantage of the additional propylene supply from a
planned propane dehydrogenation (PDH) installation at the existing
Borealis production site in Kallo, Belgium. Jacobs was recently
awarded a contract to complete a front end engineering design
(FEED) study for this contemplated world-class PDH plant, which has
a targeted annual production capacity of 740 kilotons.
“Through the new expansion feasibility study, we are supporting
Borealis in the next phase of this major chemical project,” said
Jacobs Petroleum and Chemicals President Vinayak Pai. “This
reaffirms our long-standing relationship with Borealis as well as
our expertise and capability to support the chemical industry in
Europe.”
“We have selected Jacobs as a trusted partner for this important
feasibility study which will assess a series of capacity increases
through the debottlenecking of our existing PP assets in Belgium,”
said Borealis Polyolefins Executive Vice President Alfred Stern.
“This will enable us to further strengthen our position as a
leading polypropylene provider in Europe.”
Jacobs leads the global professional services sector delivering
solutions for a more connected, sustainable world. With $15 billion
in fiscal 2017 revenue when combined with full-year CH2M revenues
and a talent force of more than 74,000, Jacobs provides a full
spectrum of services including scientific, technical, professional
and construction- and program-management for business, industrial,
commercial, government and infrastructure sectors. For more
information, visit www.jacobs.com, and connect with Jacobs on
LinkedIn, Twitter, Facebook and Instagram.
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 Form 10-K for the year ended September 29,
2017, 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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Jacobs Engineering Group Inc.Kerrie Sparks, 214-583-8433
Jacobs Engineering (NYSE:JEC)
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