WorleyParsons awarded new contract by INEOS Styrolution America

Company News

by Rachael Jones

WorleyParsons (ASX:WOR) has been awarded an engineering, procurement and construction management contract by INEOS Styrolution America.

The services relate to the construction of a new acrylate facility, in Bayport on the US Gulf Coast.

The new facility will have a 100 kilotons capacity and is expected to be operational by 2021.

WorleyParsons delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services.

Shares in WorleyParsons (ASX:WOR) 2.6 per cent lower at $11.08.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.