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Jacobs Awarded Contract by China Sun Paper

May 10, 2011

PASADENA, Calif., May 10, 2011 /PRNewswire/ — Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been awarded an engineering and procurement supply contract by China Sun Paper for an integrated chlorine dioxide plant in Laos.

Officials did not disclose the contract value.

Jacobs is providing basic design engineering of the plant, limited detailed engineering, procurement of key equipment (including supply of its proprietary electrolyzers) and materials, in addition to technical services for commissioning.

The plant is a part of a scheme to be built and developed by China Sun Paper that includes a 300,000 tonne/year bleached hardwood kraft pulp mill and 100,000 hectares of eucalyptus and acacia plantations in the southern province of Savanakhet in Laos.

Jacobs’ Executive Vice President Gary Mandel commented, “We are delighted to build on our relationship with China Sun Paper and look forward to assisting this project using our low chlorine technology for the production of chlorine dioxide.”

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 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.

For additional information contact:
Michelle Jones
626.578.6968

(Logo: http://photos.prnewswire.com/prnh/20090109/JACOBSEGLOGO)

SOURCE Jacobs Engineering Group Inc.


Source: newswire



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