CB&I Announces Additional Technology Award for ZPC's Refinery in China

THE WOODLANDS, Texas, April 19, 2017 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded a contract by Zhejiang Petroleum and Chemical Co. Ltd. (ZPC) for the license and engineering design of a single-train 220 kta diphenyl carbonate (DPC) unit, based on Versalis technology, for a refining and petrochemical complex in China. CB&I previously announced the CDAlky^® license and two Chevron Lummus Global (CLG) hydrocracking units for the project. CLG is a joint venture between Chevron and CB&I.

"CB&I appreciates the opportunity to provide an additional technology to ZPC's complex in China, making it the largest single-train DPC plant in the world," said Philip K. Asherman, President and Chief Executive Officer. "This award underscores the confidence ZPC has in us as a technology leader for the region."

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 world while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.CBI.com. 

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SOURCE CB&I

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