/ Energy / Jacobs Wins Contract to Support Olin Gulf Coast Chemical Plants

Jacobs Wins Contract to Support Olin Gulf Coast Chemical Plants

Parul Dubey on October 6, 2016 - in Energy, Oil & Gas

PASADENA, Calif.- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it received a multi-year contract from Olin Corporation.

Jacobs is one of several companies providing engineering, procurement and construction management (EPCM) services for facilities in Freeport, Texas; Plaquemine, Louisiana; St. Gabriel, Louisiana; and McIntosh, Alabama.

In making the announcement, Jacobs President Petroleum and Chemicals Gary Mandel said, “Securing this contract represents a strong endorsement of both our EPCM capabilities and our proven experience in collaborating with plant owners to deliver fit-for-purpose projects on the U.S. Gulf Coast.

“A key part of our success is our ability to combine simple, lean engineering with construction-driven execution to help boost the profitability of plant operations. We look forward to working closely with Olin to add value to its projects and support its continued growth and success.”

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 50,000 people and operates in more than 30 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 2015 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.

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