Jacobs Awarded Contract for Sulfuric Acid Regeneration Plant
Further Leverages Global Capabilities to Support Client Investments in China
PASADENA, Calif. -- March 12, 2013
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
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 Group Inc.
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