Jacobs Awarded Contract from Honeywell and Sinochem

PASADENA, Calif., Dec. 6, 2011 /PRNewswire via COMTEX/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today it was awarded a contract to provide engineering and procurement services for a newly formed joint venture between Honeywell and Sinochem.

Officials did not disclose the construction value but did announce that production is expected to start in late 2013. The work is being executed by Jacobs' operations in Mt. Laurel, N.J. and Shanghai, China.

The joint venture, to be located in Taicang, Jiangsu Province, plans to produce HFC-245fa, a non-ozone-depleting rigid foam blowing agent used in insulation for appliances, construction, transportation and other applications where maximum energy efficiency is required. Honeywell's newly launched next generation HFO lower-global-warming-potential blowing agent - Solstice(TM) Liquid Blowing Agent -- may also be produced by the joint venture.

In making the announcement, Jacobs Group Vice President Bob Pragada stated, "We are excited to work with Honeywell and Sinochem to meet the need for more energy efficient and environmentally compliant industrial materials in the world."

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 2011 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

SOURCE Jacobs Engineering Group Inc.