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CB&I Announces Multiple Technology Award in Indonesia

CHICAGO BRDGE & IRON (CBI)  More Company Research Source: PR Newswire
Last chicago brdge & iron earnings: 4/23 04:30 pm Check Earnings Report
US:NYSE Investor Relations: cbi.com
PDF THE WOODLANDS, Texas, May 16, 2017 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded a contract by PT Petrokimia Butadiene Indonesia (PBI), a Chandra Asri Petrochemical Group company, for the license and engineering design of three proprietary technologies in West Java, Indonesia. The scope of work includes the license and engineering design of a CDMtbe® unit, a Butene-1 recovery unit and a BASF SELOP selective hydrogenation unit as part of an expansion of PBI's petrochemicals facilities. "This multi-technology contract underlines the confidence PBI has in our technology portfolio and further establishes our presence and leadership in the region," said Philip K. Asherman, CB&I's President and Chief Executive Officer.About CB&I CB&I (NYSE:CBI) is a leading provider of technology and infrastructure for the energy industry. With over 125 years of experience and the expertise of more than 40,000 employees, CB&I provides reliable solutions to our customers around the worl [Read more]

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