Wood Group (John)PLC Wood Wins Contract for Biotech Facility
May 23 2018 - 1:00AM
UK Regulatory
TIDMWG.
23 May 2018
Wood wins contracts for Teva Biotech facility in Germany
Wood has been awarded a $US multi-million contract by TEVA Biotech GmbH to
provide engineering, procurement, construction management, commissioning and
qualification (EPCmQ) for a new biotechnological facility to be built in Ulm,
Germany.
The plant will produce pharmaceutical ingredients from cell cultures in a new
eight-storey building to be constructed within TEVA's existing biotechnology
production site.
Wood EAAA Capital Projects Group will execute detailed design and procurements
services for a lump sum fee, as well as construction management and
commissioning/qualification services under a reimbursable contract. Expected
completion will be 2020, while tech transfer is planned to begin in 2021.
Prior to this award, Wood completed basic design and an investment cost
estimate for the same facility under a previous contract, which was awarded on
a competitive basis.
Robin Watson, chief executive of Wood, said: "This contract reflects TEVA's
trust in our ability to execute projects of this size in Germany and validates
our global expertise in the development of active pharmaceutical ingredient
facilities. We will draw upon our local knowledge, global resources, and four
decades of experience working with the world's top drug manufacturers to
deliver a state-of-the-art facility to TEVA."
This important contract increases Wood's share in the pharmaceutical market and
enhances the company's scale and diversity in Europe.
-ends-
Note to Editors:
Wood is a global leader in the delivery of project, engineering and technical
services to energy and industrial markets. We operate in more than 60
countries, employing around 55,000 people, with revenues of around $10
billion. We provide performance-driven solutions throughout the asset life
cycle, from concept to decommissioning across a broad range of industrial
markets, including the upstream, midstream and downstream oil & gas, power &
process, environment and infrastructure, clean energy, mining, nuclear, and
general industrial sectors. We strive to be the best technical services company
to work with, work for and invest in. www.woodplc.com
For further information contact: press.office@woodplc.com
END
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