Southern Peru Copper Corporation Appoints Jacobs as EPC Provider for Its No. 1 Acid Plant

DALLAS–(BUSINESS WIRE)–Jacobs
Engineering Group Inc. (NYSE:JEC) was selected by Southern
Peru Copper Corporation (SPCC) to provide engineering, procurement
and construction (EPC) services for its No. 1 Acid Plant upgrade
project. SPCC operates one of the world’s largest copper
smelting/refinery facilities in Ilo, Peru, which is located
approximately 600 miles south of Lima.

Under the terms of this lump sum EPC contract, Jacobs will perform
modifications to the existing acid plant, decreasing its sulphur dioxide
(SO2) emissions while increasing sulphuric acid production
capacity through the use of Jacobs’ proprietary Chemetics
sulphuric acid technology.

“Our successful relationship with Southern Peru Copper Corporation
(SPCC) spans more than 20 years,” said Jacobs Mining & Minerals and
Specialty Chemicals Senior Vice President and General Manager Andrew
Berryman. “We will provide our innovative Chemetics acid plant
technology for this project, complementing the two existing plants our
teams previously executed at the site, to further reduce SO2
emissions.”

In addition to the No. 1 Acid Plant project, Jacobs is performing a
feasibility study for SPCC in Lima for its power distribution system
that will enable the company to support future demand.

Jacobs is one of the world’s largest and most diverse providers of
full-spectrum technical, professional and construction services for
industrial, commercial and government organizations globally. The
company employs over 54,000 people and operates in more than 25
countries around the world. For more information, visit www.jacobs.com.

Statements made in this release that are not based on historical fact
are forward-looking statements. We base these forward-looking statements
on management’s current estimates and expectations as well as currently
available competitive, financial and economic data. Forward-looking
statements, however, are inherently uncertain. There are a variety of
factors that could cause business results to differ materially from our
forward-looking statements. For a description of some of the factors
which may occur that could cause actual results to differ from our
forward-looking statements please refer to our 2015 Form 10-K, and in
particular the discussions contained under Items 1 – Business, 1A – Risk
Factors, 3 – Legal Proceedings, and 7 – Management's Discussion and
Analysis of Financial Condition and Results of Operations. We do not
undertake to update any forward-looking statements made herein.

Contacts

Jacobs Engineering Group Inc.
Salim Rahimi, 214.583.8428