22-04-2015
Jacobs acquires controlling interest in Suzhou Han’s Chemical Engineering Company
Jacobs Engineering Group Inc, announced today that its subsidiary, Jacobs Projects (Shanghai) Co., Ltd., has acquired a controlling interest in Suzhou Han’s Chemical Engineering Co., Ltd. (SHCE) in China. The company is now Jacobs Engineering (Suzhou) Co., Ltd.
SHCE has two specialty Class A design licenses in China’s Chemical, Petrochemical and Pharmaceutical (CPP) industry, which allow the firm to provide engineering design for all types of chemical projects in China irrespective of project size; plus procurement and project management services for various projects in China. Jacobs’ Shanghai operation currently has an industry Class B design license for the CPP industry in China, and has successfully executed a substantial number of EPCM projects for global clients investing in China.
In addition to enhancing Jacobs’ capabilities in China by bringing the Class A design licenses, the acquisition adds an engineering office in Suzhou, Jiangsu Province, and brings Jacobs’ personnel count in China to more than 500. These combined resources enable Jacobs to offer customers in China a complete spectrum of services for all types of chemical and petrochemical projects.
Upon making the announcement, Jacobs Group Vice President Kevin McMahon stated, “This acquisition represents a significant milestone for Jacobs’ growth strategy in China. Since it was founded in 2006, SHCE has completed more than 200 projects with an exemplary safety record. The acquisition of SHCE greatly enhances our service offerings to clients, strengthens our ability to compete for projects, and provides more opportunities for our employees.”
SHCE Chairman Mr. James Han added, “We welcome this acquisition by Jacobs and look forward to our integration with Jacobs operations, which we expect to be completed in the coming months. SHCE has a strong track record of servicing many Chemical, Petrochemical and Pharmaceutical clients in China, and we look forward to expanding our service offering with the addition of Jacobs’ global reach and extensive experience.”
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Sasol provides state of the art catalysts to INERATEC for the production of sustainable e-fuels
The catalysts will be used, among others, in the first large-scale industrial Power-to-Liquid (PtL) plant that INERATEC is currently building in Frankfurt, Germany, which ...
24-04-2024
-
Baker Hughes to supply 17 centrifugal compressors to Saudi Master Gas System project
Baker Hughes, an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment ...
23-04-2024
-
SABIC Fujian Petrochemicals select Phenol yechnology from KBR
KBR announced today it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the ...
22-04-2024
-
Lummus Expands R&D capabilities to enhance innovation and water and wastewater technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the opening of its cutting-edge research and development (R&D) ...
17-04-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024