CB&I Announces Technology Award In China

CB&I (NYSE: CBI) announced today that it has been awarded a contract by the Hebei Haiwei Group for the license and basic engineering design of a grassroots propane dehydrogenation unit to be located in Jingxian, Hebei Province, China. The unit will use the CATOFIN ® propane dehydrogenation process from Lummus Technology that employs Süd-Chemie’s latest CATOFIN catalyst to produce 500,000 metric tons per annum of propylene. The unit is expected to start up in 2015.

Propylene is a building block used to produce a variety of products including polypropylene, a plastic used for household goods.

About CB&I

CB&I (NYSE: CBI) engineers and constructs some of the world’s largest energy infrastructure projects. With premier process technology from its Lummus Technology business, proven EPC expertise, and unrivaled storage tank experience, CB&I executes projects from concept to completion. Safely. Reliably. Globally. For more information, visit www.CBI.com.

Copyright Business Wire 2010