TIMEC announces the conclusion of a continuous service maintenance contract with Frontier Refining Inc.

Maintenance and turnaround service provider TIMEC announced today that it has signed a continuous service contract with Frontier Refining Inc (Frontier). The three-year contract includes options for renewal on an annual basis.

Frontier has been a customer of TIMEC since 1999, when TIMEC started providing maintenance services at Frontier’s refinery in El Dorado, Kansas.

Under the terms of this new agreement, TIMEC will provide Frontier with a variety of services at its refinery in Cheyenne, Wyoming, securing safety, quality, productivity and integrity conditions at the facility.

"We are pleased to be growing our relationship with Frontier, as we increase our presence in the Rocky Mountain area," said TIMEC Chief Executive Officer Patrick McMahon.

“We are happy to provide continued technical expertise and quality service to our customers,” added Lou Hall, Vice-President and General Manager for TIMEC Gulf Coast & Midwest Regions.

Frontier’s refinery at Cheyenne has a crude capacity of 52,000 barrels per day. The company markets its refined products primarily in the eastern slope of the Rocky Mountain region and eastern Wyoming. Thanks to its coking unit, the refinery has historically processed heavy crude oil. The facility’s product mix includes gasoline, diesel fuel and asphalt and other refined oil products.

TIMEC is a leading global provider of maintenance, turnaround and construction services, operating in a diverse range of industries including oil and natural gas; petrochemical; water and wastewater; and food, among others. TIMEC, jointly with its parent company Transfield Services, has over 20,000 employees, working across the United States, Canada, Australia, New Zealand, the United Arab Emirates, Qatar, South East Asia, and India.

Transfield Services Limited is publicly traded in Australia and included in the S&P/ASX 200 with a turnover of A$2 billion (Financial year ended 30 June 2006).