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SNC SNC Lavalin Group Inc

43.49
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
SNC Lavalin Group Inc TSX:SNC Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 43.49 43.31 43.57 0 01:00:00

SNC-Lavalin awarded new EPCM contract by EMAL for Phase II of aluminium smelter

15/08/2011 5:32pm

PR Newswire (Canada)


SNC Lavalin (TSX:SNC)
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MONTREAL, Aug. 15, 2011 /CNW/ -- MONTREAL, Aug. 15, 2011 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce it has been awarded an engineering, procurement, and construction management (EPCM) services contract by Emirates Aluminium Company Limited PJSC (EMAL) for Phase ll of its smelter in Al Taweelah, in the Emirate of Abu Dhabi. The contract involves the EPCM services for a new aluminium smelter, including a 1,000 MW power plant and a 1.7 km-long potline, the longest ever built. Once completed, the EMAL Phase ll smelter will produce 525,000 tonnes of aluminium per year (tpa) using an improved version of DUBAL DX technology, which allows for greater operating efficiencies than traditional technologies. EMAL Phase II smelter is expected to be fully operational in 2014. "SNC-Lavalin is a world leader in the design and construction of aluminium smelters, and we consider this new award as a clear acknowledgement of the leading-edge technical capabilities and experience we demonstrated with Phase I of the project," said Riadh Ben Aϊssa, Executive Vice-President, SNC-Lavalin Group Inc. "Just as important, it reflects the effort and importance SNC-Lavalin places on maintaining long term relations with our clients. We value EMAL's relationship and trust, and we are delighted with this new opportunity to work together to build this landmark project for the United Arab Emirates." SNC-Lavalin recently completed its EPCM mandate for Phase I of EMAL smelter, which has a capacity of 750,000 tpa of aluminium and included the construction of a 2,000 MW power plant. SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure, and in the provision of operations and maintenance services. SNC-Lavalin has offices across Canada and in over 35 other countries around the world, and is currently working in some 100 countries. In business since 1911, the Company celebrates its 100(th) anniversary in 2011.  www.snclavalin.com. To view this news release in HTML formatting, please use the following URL: http://www.cnw.ca/en/releases/archive/August2011/15/c3801.html table class="cnwBorderedTable" cellspacing="0" border="1" tr valign="top" td align="left" Media /td td align="left" Investors /td /tr tr valign="top" td align="left" Leslie Quintonbr/ Vice-President, Global Corporate Communicationsbr/ SNC-Lavalin Group Inc.br/ 514-393-8000, ext. 7354br/ a href="mailto:leslie.quinton@snclavalin.com" cr="true"leslie.quinton@snclavalin.com/a /td td align="left" Denis Jasmin br/ Vice-President, Investor Relationsbr/ SNC-Lavalin Group Inc.br/ 514-393-8000, ext. 7553br/ a href="mailto:denis.jasmin@snclavalin.com" cr="true"denis.jasmin@snclavalin.com/a /td /tr /table

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