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Latest CB&I Stories

2014-09-16 08:23:39

THE WOODLANDS, Texas, Sept. 16, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded a contract by Enable Products, LLC, part of Enable Midstream Partners, LP (NYSE: ENBL), for the engineering and procurement of equipment and process modules for a new natural gas processing plant. The new plant will be located near Enable Midstream's Bradley Processing Plant currently under construction in Grady County, Oklahoma. The facility will utilize the NGL-MAX(SM) gas...

2014-09-15 08:22:41

THE WOODLANDS, Texas, Sept. 15, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) today announced Philip K. Asherman, CB&I's President and Chief Executive Officer, has been elected to the Board of Directors of the National Safety Council. "I am honored to represent CB&I on the National Safety Council's Board of Directors," said Mr. Asherman. "Our relentless focus on safety is at the forefront of everything we do at CB&I. Like the National Safety Council, we believe education,...

2014-09-12 08:22:33

THE WOODLANDS, Texas, Sept. 12, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) today declared an interim dividend on common stock of $0.07 per share, payable Sept. 30, 2014, to shareholders of record as of Sept. 22, 2014. About CB&I CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. With 125 years of experience and the expertise of approximately 55,000 employees, CB&I provides reliable solutions...

2014-08-26 08:24:33

THE WOODLANDS, Texas, Aug. 26, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) announced today it has been awarded a contract by Shenhua Ningxia Coal Industry Group Co. Ltd. for the license and engineering design of a grassroots petrochemicals complex to be built in Lingwu, Yinchuan City, Ningxia, People's Republic of China. The complex will use CB&I's proprietary Olefins Conversion Technology (OCT) to produce 196,000 metric tons per annum (MTA) of polymer grade propylene and its...

2014-08-21 08:23:45

THE WOODLANDS, Texas, Aug. 21, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) announced today it has been awarded a contract by Polski Koncern Naftowy Orlen S.A. (PKN) for the license and engineering design of a new on-purpose propylene production unit to be located in Plock, Poland. The unit will use CB&I's proprietary Olefins Conversion Technology (OCT) to produce 100,000 metric tons per annum (MTA) of propylene to be used internally. Feedstock for the unit will be sourced from PKN's...

2014-08-06 08:25:10

THE WOODLANDS, Texas, Aug. 6, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded a contract valued in excess of $49 million by Oiltanking Beaumont L.P. The project scope includes the engineering, procurement, fabrication and construction of 12 internal floating-roof crude oil storage tanks at Oiltanking's terminal in Beaumont, Texas. "We currently are finishing crude oil storage tanks for Oiltanking at another project site in Houston," said Luke Scorsone,...

2014-07-30 16:24:07

THE WOODLANDS, Texas, July 30, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) together with its partner, Chiyoda Corporation (Chiyoda), announced today it has been awarded a front end engineering design (FEED) services contract for a proposed LNG export project by Golden Pass Products, LLC (GPP). GPP is a joint venture between affiliates of Qatar Petroleum International and ExxonMobil. The scope of work, which will be performed in conjunction with CB&I's partner Chiyoda, includes FEED...

2014-07-24 16:22:39

THE WOODLANDS, Texas, July 24, 2014 /PRNewswire/ -- CB&I (NYSE: CBI) today reported adjusted net income for the second quarter of $148.3 million, or $1.36 per diluted share, excluding integration related costs of $5.9 million, or $0.05 per diluted share. Second quarter U.S. GAAP net income was $142.4 million, or $1.31 per diluted share. Revenue for the second quarter was $3.3 billion, up from $2.9 billion in the comparable prior year period. Second quarter new awards totaled $4.2...

2014-07-24 08:26:21

THE WOODLANDS, Texas, July 24, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) announced today a cooperation agreement by which CB&I will market and provide engineering services for Versalis' low density polyethylene (LDPE) and ethyl vinyl acetate copolymer (EVA) technologies in North America. CB&I will be able to offer both tubular and autoclave high pressure processes, which will enhance the range of products at Versalis' LDPE and EVA plants and add a high-quality product mix to...

2014-07-22 08:24:24

THE WOODLANDS, Texas, July 22, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) and Clariant announced today its new Ziegler-Natta (ZN) polypropylene catalyst production plant in Louisville, Kentucky, is on schedule to begin production in 2015. The plant is part of a long-term strategic partnership between Clariant's Catalysts business unit and CB&I's Lummus Novolen Technology business. Based at Clariant's largest US production hub, the state-of-the-art facility will combine innovative...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'