Industry News

Jacobs Awarded Contract from Oxea for Ester Production Plant in Germany

Published on 2011-11-02. Author : SpecialChem

PASADENA, Calif. -- Jacobs Engineering Group Inc. has been awarded a contract from OXEA GmbH to provide detailed engineering, procurement support and support services during construction for a new ester production plant at OXEA's existing manufacturing facility in Oberhausen, Germany.

Officials did not disclose the contract value but did note that the fast-track project is expected to come on stream in 2012. Jacobs is executing the project from its offices in Cologne, Germany and Mumbai, India.

The "Esterplant 2 Project" in Oberhausen is part of OXEA's strategy to expand global ester production capacity by 40 percent to meet the growing global demand for OXEA's esters. These specialty chemical products are replacing the traditional phthalate plasticizers that are used in automotive, construction, food and medical applications. OXEA is a global manufacturer of oxo intermediates and oxo derivatives, which include esters, alcohols, polyols, carboxylic acids and amines.

In making the announcement, Jacobs Group Vice President Robert Mathastated, "Jacobs is very pleased to have been selected for this project. Our global presence is compatible with OXEA's expansion plans, and we look forward to supporting them in achieving the challenging goals for this project and others in the future."

Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.

About Jacobs

Jacobs Engineering Group Inc. is one of the world’s largest and most diverse providers of professional technical services. With 2010 revenues of nearly $10 billion, we offer full-spectrum support to industrial, commercial, and government clients across multiple markets. Services include scientific and specialty consulting as well as all aspects of engineering and construction, and operations and maintenance.

Forward-looking Statements

Statements made in this release that are not based on historical fact are forward-looking statements. The company 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 2010 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

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