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Jacobs Selected for Specialty Polymers Project in China

Source: www.gulfoilandgas.com 2/28/2012, Location: Asia

Jacobs Engineering Group Inc. announced it has been awarded a contract from Solvay for a major, specialty polymers production plant to be built at Solvay's industrial site in Changshu, which is located in the province of Jiangsu, China.

Officials estimate the contract value to be approximately US$9 million (RMB 62 million). Jacobs is executing the engineering, procurement and construction management (EPCM) services contract from its Shanghai operations in China.

Solvay is investing approximately US$160 million (EUR 120 million) into this plant, which will produce its products SOLEF® PVDF and TECNOFLON® FKM, as well as its essential VF2 monomer. The plant is scheduled to become operational in the first quarter of 2014 and is expected to significantly boost Solvay's global production capacity for these specialty polymers.

Jacobs Group Vice President Tom Quinn stated, "We look forward to contributing to this large and significant project for Solvay, drawing upon our strong, sector-relevant technical and project management skills to support the project."

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