CB&I Announces Alkylation and Hydrocracking Awards in China

THE WOODLANDS, Texas, Dec. 15, 2016 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded two contracts for a grassroots refinery in China. The scope of work includes the license and engineering design of an alkylation unit and two Chevron Lummus Global (CLG) diesel hydrocracking units along with catalyst supply. The akylation unit will use CB&I's CDAlky^® advanced sulfuric acid alkylation technology and the hydrocracking units will use CLG's ISOCRACKING^®  technology for the production of petrochemicals feedstocks. CLG is CB&I's joint venture with Chevron.

"CB&I is pleased to have been selected to provide technology licenses and engineering for this project," said Philip K. Asherman, CB&I's President and Chief Executive Officer. "CB&I's vast portfolio of advanced technologies allow us to deliver high-quality refining products to our customers, and we look forward to adding that value to this new refinery in China."

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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Investors: Scott Lamb, +1 832 513 1068, [email protected] 
Media: Gentry Brann, +1 832 513 1031, [email protected]

SOURCE CB&I

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