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SNC-Lavalin and PCL Industrial Management have formed a joint venture to utilize their renowned experience and high-quality resources to help manage and construct the independent upgrader. “ SNC-Lavalin and PCL Industrial Management will provide the primary link between North West Upgrading and the working level engineering and construction contractors until the completion of the project’s first phase. There is opportunity for the contracts to be extended into phases two and three, potentially lasting more than ten years. “Upgrading is an important cornerstone for Alberta’s oil sands and SNC-Lavalin will assist North West Upgrading in developing this resource, while maintaining the province’s downstream benefits,” said Jean Beaudoin, Executive Vice-President, SNC-Lavalin Inc. “This project is a strategic opportunity for SNC-Lavalin’s Chemical and Petroleum Business Unit to showcase its expertise and ability to take a project from early inception or conceptual stages to complete EPC execution.” SNC-Lavalin has successfully partnered with PCL Industrial Management on previous initiatives and they understand each others abilities, strengths, and people. “PCL Industrial Management is proud to once again partner with SNC-Lavalin and to execute this world-class project by using our collective expertise and resources,” said Peter Stalenhoef, President and COO, Heavy Industrial, PCL Constructors Inc. “This also is an opportunity for PCL to engage our entire range of construction management and construction services for this flagship project – About North West Upgrading Inc. is a Calgary-based, privately-owned company committed to building an independent, heavy oil upgrader in About SNC-Lavalin SNC-Lavalin (TSX: SNC) is one of the leading groups of engineering and construction companies in the world, a major player in the ownership of infrastructure, and in operations and maintenance services. The SNC-Lavalin companies have offices across About PCL Industrial Management PCL Industrial Management Inc. is one of several independent construction operations that make up the PCL family of companies, the largest contracting organization in
For further information, please contact: Jennifer Peters for Wade Wilson
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