Wood Group (John) PLC Wood awarded new contract by Evonik (9875W)
25 April 2019 - 4:00PM
UK Regulatory
TIDMWG.
RNS Number : 9875W
Wood Group (John) PLC
25 April 2019
25 April 2019
Wood grows chemicals business with new contract in Germany
Wood has been awarded a new contract by Evonik to deliver
engineering, procurement and construction management (EPCM)
services for the Group's new polyamide 12 (PA12) production
complex, to be built at the Marl Chemical Park, Marl, Germany.
PA12 is a high-performance polymer for special applications
employed across various end markets including the automotive
industry, oil & gas pipelines and 3D printing. The new facility
will supplement the existing PA12 production plant, without
disrupting existing production.
The contract grows Wood's relationship with Evonik following
efficient delivery of basic engineering, EPCM and commissioning
support services to the specialty chemical company's new
world-scale methionine plant on Singapore's Jurong Island.
Successful mechanical completion for the project was achieved
safely in December 2018 meeting all milestones of the EPC
contract.
Dave Stewart, CEO of Wood's Asset Solutions business in Europe,
Africa, Asia and Australia, said: "This award marks significant
progress in our strategy to develop our chemicals business and
expertise across Europe.
"Wood is committed to the safe, reliable and successful delivery
of this major project supporting Evonik to achieve future PA12
production targets.
"We look forward to building our partnership with this key
customer in the downstream sector, leveraging our knowledge and
understanding of Evonik's operations to work in close
collaboration."
Dr Ralf Düssel, head of the high-performance polymers business
at Evonik, comments: "This is Evonik's largest investment in
Germany so far, valued at approximately EUR400 million, and it is
expected to increase the Group's overall capacity for PA12 by more
than 50 percent. In Wood, we have contracted a well-known, globally
active technical services provider, for the successful
implementation of such a challenging project."
The project will be executed by Wood's capital projects team
based in Milan, Italy and is expected to be completed in the first
quarter of 2021.
-ends-
Note to Editors:
Wood is a global leader in the delivery of project, engineering
and technical services in energy, industry, and the built
environment. We operate in more than 60 countries, employing around
60,000 people, with revenues of around $11 billion. We provide
performance-driven solutions throughout the asset life cycle, from
concept to decommissioning across a broad range of industrial
markets, including the upstream, midstream and downstream oil &
gas; power & process; environment and infrastructure; clean
energy; mining; nuclear and general industrial sectors.
www.woodplc.com
For further information contact: press.office@woodplc.com
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END
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