Work is Expected to Modernize and Expand Propylene Splitter Assets
PASADENA, Calif., July 24, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it has been selected to provide professional technical services for Braskem, the largest thermoplastic resin producer in the Americas, at portions of the Marcus Hook Refinery they recently acquired, near Philadelphia, Pa.
Officials have not disclosed the contract value. Jacobs' operations in Mt. Laurel, N.J. and Conshohocken, Pa. are expected to execute the work.
Braskem acquired propylene splitter assets at the 781-acre refinery complex in late June. Jacobs' initial scope of work includes retrofitting the new acquisitions so Braskem can more efficiently process propylene for use in its adjacent polypropylene plant.
In making the announcement, Jacobs Group Vice President Bob Pragada stated, "We are excited to work with Braskem on this project. Since this past December, Pennsylvania officials have tried to identify potential uses for the refinery. Braskem's acquisition and capital investment is hopefully the first step in re-purposing the complex as a multi-purpose energy processing facility."
Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.
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