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Rolta wins multi-million dollar follow-on award for engineering systems for Sadara, Saudi Arabia

: Thursday, July 24 - 2014 @ 10:00

Rolta International Inc., announced that it has been awarded a multi-million dollar contract from Sadara Chemical Company (Sadara) to implement a comprehensive Engineering System at its complex, which will be the world’s largest petrochemical facility ever built in a single phase. Value of the contract has not been disclosed.

Rolta was selected for this challenging project based on its unique combination of world-class capabilities in Engineering and IT. The project will be managed by a global Rolta team working out of the United States, India and Saudi Arabia, and will be completed by late 2014.

Sadara represents a unique alliance between the 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 manufacturing units, the Sadara complex will possess flexible cracking capabilities and will produce over 3 million metric tons of high value-added chemical and performance plastics products.

Rolta will leverage its in-depth knowledge of engineering work processes, application systems, IT and systems integration to provide an extensive suite of engineering solutions which will support Process Engineering, Technical Support, Process Automation and Control, Asset Integrity, Analytical Lab and Standards, and Document Management.

“A 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 have the breadth of sophisticated engineering IT expertise and have proven global delivery capabilities that are required for such an important project.”

K. K. Singh, Chairman and CEO of Rolta commented, “We are very glad to have been selected by Sadara to implement their Engineering Systems. Rolta is fully committed to the success of this important project.

This win provides further validation of our strategy of uniquely combining Engineering and IT capabilities for delivering high value solutions to win significant new and follow-on business.”

About Rolta: Rolta is a leading provider of innovative IT solutions for many vertical segments, including Federal and State Governments, Defense/HLS, Utilities, Process, Power, 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 intellectual property that spans photogrammetry, image processing, geospatial applications, business intelligence, analytics, field-proven solution frameworks, and deep expertise in cutting-edge technologies like Geo BI, Cloud computing, Software Defined Infrastructure and Big Data 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. The Company benchmarks its quality processes to the world’s best standards, like successful assessment for Software Application Development and Maintenance at the highest Level 5 of SEI’s CMMI® version 1.3. Rolta is listed on the Bombay Stock Exchange & National Stock Exchange, and forms part of various indices on BSE/NSE in India. 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.

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Thursday, July 24- 2014 @ 10:00 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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