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Jacobs bags contract for Lotte Chemical's PET plant
12
Sep '12
Jacobs Engineering Group Inc. announced it was awarded a contract by Lotte Chemical UK Ltd to provide construction management services for a new polyethylene terephthalate (PET) plant to be built at the Wilton International Site in Redcar, Cleveland, United Kingdom.

Officials did not disclose the contract value, but noted the contract is scheduled for 18 months.

The new 200 thousand metric tons per annum PET plant (LC1 project) being built is located on an integrated pure terephthalic acid (PTA) and PET site, adjacent to Lotte's existing PET plant. The addition of the new line fortifies the capacity of Lotte Chemical UK's existing T8 facility and supports its transition into a wider range of PET products, including resins incorporating post consumer recycled PET.

Lotte Chemical's Chief Operating Officer, Gary Conroy, stated, "Jacobs has been selected to support us on this very important project for Lotte on the basis of their strong local presence and capable personnel, backed up by industry experience. Our philosophy for the LC1 Project is very much a 'one team' approach and is about working closely with our partner contractors to ensure we all achieve success together. We feel that in Jacobs we have selected a key partner to help us towards that success."

Jacobs Group Vice President Bob Irvin stated, "We are delighted to be selected by Lotte Chemical UK to assist with the strategic development of its PET facility at Wilton. Jacobs has a strong local presence in Northeast England that allows us to deploy our full service offering effectively, ranging from consultancy and multidisciplinary design, to construction management and maintenance services."

Lotte Chemical UK Ltd is a UK subsidiary of KP Chemical Corp., part of the Korean Lotte group.

Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.

Jacobs Engineering Group Inc

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