STOCKHOLM, Sweden, March 11, 2005 (PRIMEZONE) -- Skanska has secured an order worth approximately USD 153 M (SEK 1 billion) to build a delayed coking unit at the Petrobras Reduc oil refinery in Brazil. The contract will be included in the order bookings for the first quarter of 2005. The customer is the Brazilian oil company, Petrobras.
The assignment is to construct a new delayed coking unit at Petrobras Reduc, one of Brazil's largest oil refineries, which is located at Duque de Caxias, close to Rio de Janeiro.
In addition to construction and installation work, the scope of the project includes partial purchasing and supply of materials, commissioning and post start-up assistance.
The project, which is to be started immediately, is scheduled for completion within 700 days, with start-up of the plant during 2007.
The delayed coking unit is part of Petrobras' program to gradually increase the capacity of the Reduc refinery and to meet the demand for coke from the steel industry.
The project will be implemented exclusively by Skanska Latin America, which is focused on construction of infrastructure, energy facilities and energy distribution networks. This Group company reported sales equivalent to SEK 2.8 billion in 2004, with approximately 8,000 employees.
Skanska Latin America has extensive experience from similar projects and is currently completing a refinery expansion project for Refap in southern Brazil.
For further information please contact:
Alfredo Rafael Collado, General Director, Skanska Brasil, tel +55 11 5185 4444 Anna Wenner, Press Officer, Skanska AB, tel +46 8 753 88 99
This and previous releases can also be found at www.skanska.com
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