Press Release Aug 29, 2017

Southern Peru Copper Corporation Appoints Jacobs as EPC Provider for Its No. 1 Acid Plant

DALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) was selected by Southern Peru Copper Corporation (SPCC) to provide engineering, procurement and construction (EPC) services for its No. 1 Acid Plant upgrade project. SPCC operates one of the world’s largest copper smelting/refinery facilities in Ilo, Peru, which is located approximately 600 miles south of Lima.

Under the terms of this lump sum EPC contract, Jacobs will perform modifications to the existing acid plant, decreasing its sulphur dioxide (SO2) emissions while increasing sulphuric acid production capacity through the use of Jacobs’ proprietary Chemetics sulphuric acid technology.

“Our successful relationship with Southern Peru Copper Corporation (SPCC) spans more than 20 years,” said Jacobs Mining & Minerals and Specialty Chemicals Senior Vice President and General Manager Andrew Berryman. “We will provide our innovative Chemetics acid plant technology for this project, complementing the two existing plants our teams previously executed at the site, to further reduce SO2 emissions.”

In addition to the No. 1 Acid Plant project, Jacobs is performing a feasibility study for SPCC in Lima for its power distribution system that will enable the company to support future demand.

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 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170829005019/en/

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.



Salim Rahimi, 214.583.8428