PASADENA, Calif.--(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.
Source: Jacobs Engineering Group Inc.