AP NEWS

Hill International to Provide Project Management and Construction Management for Two Brazilian Sustainable Energy Projects

September 19, 2018

PHILADELPHIA, Sept. 19, 2018 (GLOBE NEWSWIRE) -- Hill International, Inc., the global leader in managing construction risk, announced it has received two contracts from Millenium Bioenergia S.A. to provide project management and construction management services for the construction of two ethanol plants. The two plants have a combined total project value of $300 million.

Located in Jaciara and Tabapora, Brazil, the ethanol plants are anticipated to be operational in late 2019. Millenium Bioenergia specializes in ethanol fuel production from sugarcane and corn (maize), dried distillers grains with solubles production (DDGS), and cogeneration of electricity, and is expecting the Jaciara Plant to produce 600,000 liters of fuel per day and the Tabapora Plant 900,000 liters per day.

“Millenium Bioenergia has a clear vision for Brazil’s energy future,” explained Luis Lugo, Hill’s Senior Vice President and Regional Manager, Southeast America/Caribbean/Latin America. “These two plants, along with similar forward-thinking projects, will power the Brazilian economy’s rebound this year and beyond. Hill’s expertise, experience, and solutions on similar sustainable energy generation projects match well with the company’s goals.”

Hill International, with approximately 2,800 professionals in more than 50 offices worldwide, provides program management, project management, construction management, and other consulting services to clients in a variety of market sectors. Engineering News-Record magazine recently ranked Hill as the eighth-largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.

Forward Looking Statements

Certain statements contained herein may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any statements of belief or intent, any statements concerning our plans, strategies and objectives for future operations; and any statements regarding our intent to file late periodic reports or relisting on a national securities exchange, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue, our expenses may be higher than anticipated, and the review of the Company’s accounting, accounting policies and internal control over financial reporting, and the preparation of and the audit or review, as applicable, of filings may take longer than currently anticipated or additional restatement adjustments may be identified. We do not intend, and undertake no obligation, to update any forward-looking statement.

Hill International, Inc. Elizabeth J. Zipf, LEED AP BD+C Senior Vice President Hill International, Inc. One Commerce Square 2005 Market Street, 17th Floor Philadelphia, PA 19103 Tel: 215-309-7707 elizabethzipf@hillintl.com

Hill International, Inc. Marco A. Martinez SVP & Interim Chief Financial Officer (215) 309-7951 marcomartinez@hillintl.com

InvestorCom John Glenn Grau President (203) 295-7841 jgrau@investor-com.com (HIL-G)

AP RADIO
Update hourly