Jacobs Engineering receives contract from Borealis in Sweden Jacobs Engineering Group received a contract from Borealis to provide engineering, procurement, project management and construction management services for a project designed to increase cross-linked polyethylene production capacity at its manufacturing site in Stenungsund, Sweden. Company officials did not disclose the contract value. Under the terms of the contract, Jacobs is working to debottleneck an existing XLPE compounding and soaking train and increase the intermediate storage capacity of the XLPE base resin in the upstream polymerization plant. The scope of work involves installation of new silos and conversion of film silos, as well as installation of conveying systems.
News For JEC From The Last 14 Days
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Jacobs Engineering announces $500M share repurchase program Jacobs Engineering Group announced that its board approved a program to repurchase up to $500M of the company's common stock over the next three years.