SNC-Lavalin Involved with $68 Billion in Active Industrial Projects Worldwide

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Researched by Industrial Info Resources (Sugar Land, Texas)--Canadian-based, leading engineering and construction firm (E&C Firm) SNC-Lavalin (TSX:SNC) (Montreal, Quebec) is currently involved with more than $68 billion worth of active projects worldwide, according to data from Industrial Info's Industrial Project Database. Industrial Info tracks E&C Firm activity on industrial projects as part of the database. SNC-Lavalin's involvement on 155 major industrial projects range from minor consulting service contracts to major turnkey engineering, procurement and construction services.

Click on the image at right to view a chart showing the breakdown of industrial project activity of SNC-Lavalin.

The strongest sector for SNC-Lavalin is Petroleum Refining, in which the company is involved in 46 projects totaling $31 billion. Second on the list is the Metals & Minerals Industry with 25 projects totaling $22 billion. The company is also involved with projects in Power, Industrial Manufacturing, Oil & Gas Production, and Transmission industries.

The majority of SNC-Lavalin's work, almost 34% according to total investment value (TIV), is focused on projects in Canada, although the company is well represented by projects in other countries, including the U.S., United Arab Emirates, India, Venezuela and Peru.

In Canada, Canadian Natural Resources Limited is completing and commissioning the $8.2 billion first phase of the Horizon Oil Sands Mine 70 kilometers northwest of Fort McMurray in Alberta. SNC-Lavalin provided engineering, procurement and construction services for the massive project. First reported by Industrial Info as the Mic Mac project in 2001, the TIV for the project has escalated from $1.6 billion in 2001 to the current $8.2 billion because of global increases in equipment and services costs.

SNC-Lavalin was recently awarded an engineering contract by Valero Energy for a scrubber system to reduce sulfur dioxide from a 73,000-barrel-per-day fluid catalytic cracker unit. For details, see related July 2, 2008, news article - Valero Energy Selects Contractors for $200 Million Hydrogen Project at California Refinery.

View Project Report - 56000504

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.