MUMBAI, India, July 21, 2014 /PRNewswire/ --
Rolta announced today that it has been awarded an additional
scope of work by Sadara Chemical Company (Sadara) to implement a
comprehensive Engineering Information System within Sadara's Jubail
integrated chemical complex. This multi-million dollar award
of additional scope is an amendment to the contract which was
awarded earlier and which was also multi-million dollars in value.
Rolta was selected for this challenging project based on its
unique combination of world class capabilities in Engineering and
Information Technology (IT). The project is being managed by
a global Rolta team working out of the
United States, India and
Saudi Arabia.
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Sadara represents a unique alliance between Saudi Arabian Oil
Company (Saudi Aramco), one of the leading energy suppliers to the
world, and The Dow Chemical Company (Dow), a leading science and
technology company of the world. With a total investment of about
US$20 billion, Sadara is now building
and will own and operate an integrated chemical complex in Jubail
Industrial City II in the Kingdom of
Saudi Arabia. Comprised of 26 world scale
manufacturing units, the Sadara complex will possess flexible
cracking capabilities and will produce over 3 million metric tons
of high value-added chemicals and performance plastics
products.
Rolta has been leveraging its in-depth knowledge of engineering
work processes, application systems, IT and systems integration to
provide an extensive suite of engineering solutions designed to
support Process Engineering, Technical Support, Process Automation
and Control, Asset Integrity, Analytical Lab and Standards, and
Document Management.
"Successful implementation of the Engineering System is vital to
the support and efficient operation of the Sadara Complex," said
Taher Nemer, Project Manager
Manufacturing & Engineering Systems, Sadara Project. "We
have partnered with Rolta on this challenging project because
they've demonstrated the breadth of their sophisticated engineering
IT expertise and have proven global delivery capabilities that are
required for such an important project."
Mr. K. K. Singh, Chairman and CEO
of Rolta commented, "We are very pleased to have been able to
demonstrate our superior performance during the initial phase and
win the customer's confidence for the second phase of work. Rolta
is fully committed to the success of this important project."
About Rolta: Rolta is a leading provider of
innovative IT solutions for many vertical segments, including
Federal and State Governments, Defense, Homeland Security,
Utilities, Oil & Gas, Financial Services, Manufacturing,
Retail, and Healthcare. By uniquely combining its expertise in the
IT, Engineering and Geospatial domains, Rolta develops exceptional
solutions for these segments. The Company leverages its
industry-specific know-how, rich repository of field-proven
intellectual property that spans photogrammetry, image processing,
geospatial applications, Business Intelligence, Big Data analytics,
Cloud computing, and Software Defined Infrastructure for providing
sophisticated enterprise-level integrated solutions. Rolta is a
multinational organization headquartered in India. The Company operates from 40 locations
worldwide through its subsidiaries, and has executed projects in
over 45 countries. Rolta is listed on the Bombay Stock Exchange and
National Stock Exchange. The Company's GDRs are listed on the Main
Board of London Stock Exchange. The Company's 'Senior Notes' are
listed on Singapore Stock Exchange.
Disclaimer: This press release includes
statements that are not historical in nature and that may be
characterized as "forward-looking statements", including those
related to future financial and operating results, benefits and
synergies of the Company's brands and strategies, future
opportunities and the growth of the market for open source
solutions. You should be aware that Rolta's actual results could
differ materially from those contained in the forward-looking
statements, which are based on current expectations of Rolta
management and are subject to a number of risks and uncertainties,
including, but not limited to, Rolta's ability to integrate
acquired operations and employees, Rolta's success in executing its
strategies, Rolta's ability to take a competitive position in the
industry, business conditions and the general economy, market
opportunities, potential new business strategies, competitive
factors, sales and marketing execution, shifts in technologies or
market demand, and any other factors. We may make additional
written and oral forward-looking statements but do not undertake,
and disclaim any obligation, to update them.
For additional information: visit http://www.rolta.com, or
contact:
Atul Tayal
Jt. MD & COO - Domestic Operations
Member of the Board
adtayal@rolta.com
Tel: +91(22)2926-6666
Preetha Pulusani
President - Americas
Member of the Board
preetha.pulusani@rolta.com
Tel: +1-678-942-5000
Pankit Desai
President - Business Operations:
Europe, Middle East and Africa
pankit.desai@rolta.com
Tel: +91(22)2926-6666
SOURCE Rolta India Limited