THE WOODLANDS, Texas, April 3, 2018 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded a contract by CNOOC Ningbo Daxie Petrochemical Co., Ltd. for the license and process design engineering of a 300 kta polypropylene plant in Ningbo, China. The plant will use CB&I's Novolen® technology and proprietary Novolen High Performance® catalyst to produce a full range of polypropylene products, with a focus on high-end copolymers.
"CB&I's Novolen technology is proven, competitive and innovative," said Daniel M. McCarthy, CB&I's Executive Vice President of Technology. "By licensing this technology, CNOOC Daxie will be able to produce a wide range of polypropylene products and meet China's increasing demand for these high-end products."
About CB&I
CB&I (NYSE:CBI) is a leading provider of technology and infrastructure for the energy industry. With more than 125 years of experience, 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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