INTERNATIONAL TECHNOLOGY CORP./DAVY ENVIRONMENTAL, A JOINT VENTURE, AWARDED CONTRACT FOR MOBIL OIL CORP.
TORRANCE, Calif., Aug. 3 /PRNewswire/ -- International Technology Corp. (NYSE: ITX) (IT) and Davy Environmental (Davy) announced today that Mobil Oil Corp. has awarded the Mobil/Beaumont Stormwater Pond Closures Project located in Beaumont, Texas, to the IT/Davy team, a 50/50 joint venture. The scope of work provides for the design and closure of surface impoundments and basins at the Mobil Beaumont Refinery. The work includes free water decanting, in-situ solidification/stabilization of impoundment sediments and installation of a multilayer cap. Engineering work has already begun with the actual remediation work at the site to be completed during 1994 and 1995. "The award by Mobil Oil is a significant commercial win for IT/Davy and acknowledges the project management, environmental engineering and technical capabilities of this joint venture team," said Robert B. Sheh, president and chief executive officer of IT Corp. International Technology Corp., based in Torrance, is a leading environmental management company providing services to government and industry. IT's common stock is traded on the New York Stock Exchange under the symbol ITX. Davy Environmental is a member of the Engineering Division of Trafalgar House Public Limited Co., and is an international engineering and construction organization which provides services to iron, steel and nonferrous producers, and has an established reputation for innovative treatment of toxic waste substances. Trafalgar House is quoted on the London Stock Exchange. -0- 8/3/93 /CONTACT: Anthony J. DeLuca or Pat Boldt of International Technology, 310-378-9933; or Brian Sandilands or Tracy Craig of Davy Environmental, 510-866-1166/ (ITX)
CO: International Technology Corp.; Davy Environmental; Mobil Oil Corp. ST: California, Texas IN: ENV OIL SU: CON
JL-JB -- LA004 -- 8715 08/03/93 08:33 EDT
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|Date:||Aug 3, 1993|
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