ENGlobal Awarded Clean Fuels Project by Coffeyville Resources Refining & Marketing, LLC

abarrelfullabarrelfull wrote on 21 Nov 2011 11:22

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ENGlobal Engineering, Inc., a subsidiary of ENGlobal Corporation (AMEX: ENG), and Coffeyville Resources Refining & Marketing, LLC (“CRRM”), a subsidiary of Coffeyville Resources, LLC, announced today that they have entered into an Engineering and Procurement Services Agreement. Under the Agreement, ENGlobal will furnish detailed engineering and procurement services for CRRM’s ultra low sulfur diesel fuel facilities at its Coffeyville, Kansas refinery. ENGlobal estimates that the Agreement will result in approximately 150,000 man-hours in engineering and related activities in addition to a significant amount of revenue attributable to the procurement of materials and equipment. The project is scheduled to be completed in the third quarter of 2006.

The scope of the Agreement requires ENGlobal to provide all design and engineering services, including all process, mechanical, civil, structural, electrical, piping and other design services, and all procurement services for the project. ENGlobal’s performance under this Agreement will commence immediately.

“We are honored to support Coffeyville Resources as its sole provider of engineering and procurement services on this project,” said Michael L. Burrow, P.E., Chairman and Chief Executive Officer of ENGlobal Corporation. “The award of this contract by Coffeyville Resources further solidifies our business in the Central States region and illustrates ENGlobal’s clean fuel refining capabilities, a trend discussed in our most recent letter to stockholders."

Keith Osborn, CRRM’s Executive Vice President and General Manager, said, “ENGlobal has performed excellent work with us on past projects, and brings a staff of well-qualified professionals who can deliver on schedule. We look forward to a successful and timely implementation of this project by working together with ENGlobal as a team.”

About Coffeyville Resources Refining & Marketing, LLC
Coffeyville Resources Refining & Marketing, LLC, a subsidiary of Kansas City, Kansas-based Coffeyville Resources, LLC, operates a sophisticated oil refinery in Coffeyville, Kansas. The refinery processes approximately 100,000 barrels per day of crude oil and other inputs, and uses advanced processing units including coking, cracking, isomerization, alkylation and reforming. The refinery produces approximately four million gallons of transportation fuels daily, primarily gasoline and distillates. CRRM is a part of the Coffeyville Resources, LLC group of companies, which includes Coffeyville Resources Nitrogen Fertilizers, LLC; Coffeyville Resources Terminal, LLC; Coffeyville Resources Crude Transportation, LLC; and Coffeyville Resources Pipeline, LLC.

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