Jacobs Signs Construction Contract for Polyamide 6,6 Plant and Polymer Conversion Projects

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Reviewed

Feb 23 2011

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it signed a contract in Dec. 2010, with the Saudi Industrial Investment Group (SIIG) and Arabian Chevron Phillips Petrochemical Company Limited (ACP) to provide engineering, procurement and construction management services for a polyamide 6,6 manufacturing plant and a number of polymer conversion projects.

The projects will be located in the Eastern Province industrial city of Al-Jubail in the Kingdom of Saudi Arabia.

Officials did not disclose the contract value, however noted that Jacobs' Houston, Texas and Al Khobar, Saudi Arabia offices are executing the project work, and anticipate providing career opportunities for Saudi nationals.

The polyamide 6,6 plant is expected to be built using state of the art technology licensed from a leading producer of polyamide 6,6. The polymer conversion projects are expected to include high-performance polyethylene pipe, irrigation products, medical disposables, complex caps and closures, pharmaceutical packaging products, polyamide 6,6 compounding, electrical fittings and automotive parts.

In making the announcement, Jacobs Group Vice President Mike Autrey stated, "We appreciate ACP and SIIG's confidence in us. We are committed to supporting this strategic investment in the Kingdom of Saudi Arabia."

Source:

http://www.jacobs.com/

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