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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...

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...


Word of the Day
lunula
  • A small crescent-shaped structure or marking, especially the white area at the base of a fingernail that resembles a half-moon.
This word is a diminutive of the Latin 'luna,' moon.
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