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Last updated on April 16, 2014 at 1:21 EDT

CB&I Awarded Contracts for World-Scale Petrochemical Complex in India

September 9, 2008

CB&I (NYSE:CBI), through Lummus Technology, has been awarded contracts with an overall value in excess of US$45 million by Essar Gujarat Petrochemicals Limited for technology licenses and basic engineering related to a major grassroots petrochemicals complex in Vadinar, Gujarat, India. The technologies to be provided include ethylene, ethylbenzene/styrene monomer, butadiene extraction, MTBE/ETBE/butene-1, and cumene/phenol.

The cornerstone of the petrochemical complex will be a 1.3 million metric ton per annum mixed feed ethylene unit that will utilize Lummus’ latest generation SRT(R) VI cracking furnaces and recovery technology. The downstream petrochemical units for the production of styrene, butadiene, ethers, butene-1, and phenol are also of world-scale capacity, and are being licensed by Lummus in cooperation with its various licensing partners.

This wide variety of technologies licensed by Lummus represents the majority of the process units in the planned petrochemical complex. This exemplifies the comprehensive technology portfolio Lummus provides to the petrochemical industry, in addition to its broad refining technology capabilities.

About CB&I

CB&I combines proven process technology with global capabilities in engineering, procurement and construction to deliver comprehensive solutions to customers in the energy and natural resource industries. With more than 70 proprietary licensed technologies and 1,500 patents and patent applications, CB&I is uniquely positioned to take projects from conceptual design, through technology licensing, engineering and construction and final commissioning. Drawing upon the global expertise and local knowledge of approximately 18,000 employees in more than 80 locations, CB&I safely and reliably executes projects worldwide. For more information visit www.CBI.com.