Jacobs Gets Chemplast Sanmar Limited Pact In India
DOW JONES NEWSWIRES
Jacobs Engineering Group Inc. (JEC) received a limited contract from Chemplast Sanmar Ltd. to provide engineering, procurement assistance and construction-management services for a 160,000-tons-per-annum polyvinylchloride, or PVC, plant.
Specific terms of the deal weren't disclosed, but the total investment cost is about $110 million.
The company said the PVC plant will be built at Cuddalore, Tamil Nadu, in southern India. It expects the facility to be completed in the spring of 2008.
Jacobs said Ineos Vinyls, U.K., a PVC-maker, is the process licensor.
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