Jacobs Engineering Group renews frame agreement with Borealis for work at Stenungsund, Sweden

15-May-13

Jacobs Engineering Group Inc. (JEC) has renewed its frame agreement with Borealis for work at its facilities in Stenungsund, Sweden. Officials did not disclose the contract value, however noted that under the terms of the five year frame agreement, Jacobs is providing engineering, procurement, project management and construction management services on a variety of projects, each of which is expected to have a total installed cost varying in range up to US$11 million. Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. The only polyethylene (PE) producer in Sweden, Borealis’ Stenungsund facilities include a PE plant, a cracker for ethylene and propylene production, and an innovation center focused on research and development for infrastructure markets. Jacobs Group Vice President Mark Bello stated, “We are very pleased to renew our frame agreement with Borealis. This is the continuation of a ten-year working relationship between Jacobs and Borealis in Sweden. We appreciate their confidence in our performance, and are committed to continue to support Borealis’ investment needs.”