The Shaw Group Inc. (NYSE: SGR) today announced its Energy & Chemicals Group has been awarded a contract to provide front end engineering design (FEED) services for a grassroots 200 kilo tons per annum (KTA) acrylonitrile butadiene styrene (ABS) plant for Arabian Petrochemical Company. The plant will be located in Al-Jubail, Kingdom of Saudi Arabia. Shaw also is providing procurement services for long lead equipment for the plant.
The value of Shaw's contract, which was included in the company's previously announced backlog of unfilled orders, was not disclosed.
SABIC Innovative Plastics Technologies, Inc. (formerly GE Plastics Global Technology, LLP) is providing the emulsion ABS technology for this project.
“This contract marks the third recent ABS project awarded to Shaw, continuing the strategic expansion of our polymer technology experience,” said Lou Pucher, president of Shaw’s Energy & Chemicals Group.
As previously announced, Shaw also is providing technology, front end engineering and select procurement services for two 200,000 metric tons per annum ABS plants for Tianjin Dagu Chemical Industry Co., Ltd. in Tianjin, China.
The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation and facilities management services for government and private sector clients in the energy, chemicals, environmental, infrastructure and emergency response markets. A Fortune 500 company with fiscal year 2008 annual revenues of $7 billion, Shaw is headquartered in Baton Rouge, La., and employs approximately 26,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. Shaw is the power sector industry leader according to Engineering News-Record's list of Top 500 Design Firms. For further information, please visit Shaw's Web site at www.shawgrp.com.
