LyondellBasell Selects WorleyParsons for PO/TBA Plant Integrated Project Management

WorleyParsons awarded an Integrated Project Management Team (IPMT) contract by LyondellBasell.

WorleyParsons (ASX:WOR) has been awarded an Integrated Project Management Team (IPMT) contract by LyondellBasell (NYSE: LYB), one of the world’s largest plastics, chemical and refining companies. LyondellBasell propose to build a propylene oxide and tertiary butyl alcohol (PO/TBA) plant to be located in Channelview and Pasadena, Texas, USA. The PO/TBA project is the largest single capital development project planned by LyondellBasell. Annual production capacities are anticipated to be 1-billion lbs/year of PO and 2-billion lbs/year of TBA.

WorleyParsons will be working closely with LyondellBasell as an Integrated Project Team, to assist LyondellBasell in managing the recently commenced Front End Engineering Design (FEED), project execution and site construction.

“WorleyParsons is very pleased to be the chosen IPMT for this world-scale project. As a leading project delivery service provider in the United States, we will provide a full range of our proven project management expertise and bring a strong collaborative culture to the IPMT, as well as our technical know-how and project delivery systems to ensure that the PO/TBA project will be executed successfully,” said Chris Parker, Regional Managing Director of WorleyParsons Americas. “We look forward to building a lasting and mutually beneficial relationship with LyondellBasell.”

About WorleyParsons:

WorleyParsons delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. We cover the full lifecycle, from creating new assets to sustaining and enhancing operating assets, in the hydrocarbons, mineral, metals, chemicals and infrastructure sectors. Our resources and energy are focused on responding to and meeting the needs of our customers over the long term and thereby creating value for our shareholders.

WorleyParsons is listed on the Australian Securities Exchange [ASX: WOR].

Further information on WorleyParsons is available on the Internet at www.worleyparsons.com and www.advisian.com.

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For further information, please contact:WorleyParsonsFran VanReyk, [phone]Director Investor Relations and Group Marketing & [e-mail]