Canada Kuwait Petrochemical Corp. (CKPC) Selects Jacobs for Front-End Engineering Design for Greenfield Petrochemical Facilit...
December 05 2017 - 6:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) has been awarded a
contract by Canada Kuwait Petrochemical Corporation (CKPC) to
provide front-end engineering design (FEED) services for a proposed
greenfield, integrated propane dehydrogenation and polypropylene
facility located in Sturgeon County, Alberta, Canada. CKPC is a
joint venture of Pembina Pipeline Corporation (Pembina) of Canada
and Petrochemical Industries Company of Kuwait.
“Jacobs’ strength in front end project delivery, combined with
our team’s proven performance in propane dehydrogenation and
polypropylene technologies, supports CKPC in the development of
this complex,” said Jacobs Global Head of Petroleum and Chemicals
Vinayak Pai. “Beyond this project, we look forward to working with
CKPC to help them add value to Western Canada's hydrocarbon
production and to meaningfully increase local market demand for
propane.”
“CKPC is looking forward to working with Jacobs for the FEED
phase of this project,” said Director of CKPC Waleed Al-Bader.
“Jacobs was selected after an extensive global search process, by
demonstrating vast petrochemical experience, a well-qualified
project team and an organizational-wide commitment to CKPC's
success.”
In execution of the FEED, Jacobs will utilize resources from
multiple centers of excellence located in Calgary, Houston and
Charleston, West Virginia, with a significant portion of the
project scope performed in Canada. Jacobs will fully support CKPC’s
vision of engaging and developing the local workforce. The project
is expected to mobilize immediately.
Jacobs is one of the world’s largest and most diverse providers
of full-spectrum technical, professional and construction services
for industrial, commercial and government organizations globally.
The company employs over 54,000 people and operates in more than 25
countries around the world. For more information, visit
www.jacobs.com.
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 Form 10-K for the year ended September 30,
2017, 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.
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Jacobs Engineering Group Inc.Kerrie Sparks, 214.583.8433
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