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Latest CB&I Stories

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...

2014-07-18 08:21:46

THE WOODLANDS, Texas, July 18, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) announced today it has been awarded a contract valued in excess of $50 million by Daelim-Petrofac JV for the design and supply of delayed coking, hydrocracking, crude and vacuum heaters and a steam reformer for the Oman Refineries and Petrochemicals Company LLC (Orpic) project located in Sohar, Oman. Under separate contracts with Orpic, CB&I provided the process technology for the delayed coker unit and its...

2014-07-17 08:23:42

THE WOODLANDS, Texas, July 17, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded contract orders by Entergy Operations, Inc. valued in excess of $100 million for project and construction management services related to the implementation of Nuclear Regulatory Commission (NRC) ordered modifications and upgrades at multiple nuclear energy facilities throughout the U.S. "These contract orders underscore CB&I's expertise and capabilities in both nuclear...

2014-07-16 08:22:48

THE WOODLANDS, Texas, July 16, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has signed a memorandum of understanding (MOU) with China National Nuclear Corporation (CNNC) to facilitate enhanced cooperation and collaboration between CNNC and CB&I in the development of nuclear power plants. The areas of cooperation include operation and maintenance support services for CNNC's operating nuclear power plants in China; engineering, procurement, and construction management...

2014-07-16 08:22:35

THE WOODLANDS, Texas, July 16, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded additional contracts by Oman Oil Refineries and Petroleum Industries Company (Orpic) for the Liwa Plastics Project in the Sultanate of Oman. CB&I's scope of work includes the license and engineering design of three units in addition to the previously announced award for its ethylene technology and front end engineering and design (FEED) services. CB&I will provide the...

2014-07-10 08:22:43

THE WOODLANDS, Texas, July 10, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) will host a conference call July 24, 2014, at 4 p.m. Central time following the release of its second quarter 2014 financial results. The webcast will be available on the Investor Relations page of www.CBI.com. Please log on to the website at least 10 minutes prior to the start of the call to register and download any necessary audio software. The conference call also can be accessed by telephone at...

2014-07-07 08:22:43

THE WOODLANDS, Texas, July 7, 2014 /PRNewswire/ -- CB&I (NYSE: CBI) announced today that it has been awarded a contract valued in excess of $60 million by Petrofac Saudi Arabia Co. Ltd. The project scope includes the engineering, procurement and construction of product storage spheres at a grassroots refinery being constructed in Saudi Arabia. "We currently are constructing crude oil storage tanks for Petrofac at the same project site," said Luke Scorsone, President of...

2014-07-03 16:21:43

THE WOODLANDS, Texas, July 3, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) today announced Lasse Petterson, who announced his retirement in December 2013 as Executive Vice President and Chief Operating Officer, has fulfilled his remaining obligations to the Company effective June 5, 2014. The Company would like to thank Lasse for his contributions during his nearly five years of service, especially in the LNG and oil and gas markets, and wish him well in his future endeavors. About...


Word of the Day
toccata
  • In music, a work for a keyboard-instrument, like the pianoforte or organ, originally intended to utilize and display varieties of touch: but the term has been extended so as to include many irregular works, similar to the prelude, the fantasia, and the improvisation.
This word is Italian in origin, coming from the feminine past participle of 'toccare,' to touch.
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