CB&I Announces Polypropylene Technology Catalyst Plant Opening

THE WOODLANDS, Texas, Oct. 18, 2016 /PRNewswire/ -- CB&I (NYSE:CBI) today announced the opening of a new polypropylene catalyst production plant in Louisville, Kentucky, developed and implemented in cooperation with Clariant. The new plant is the largest U.S. production hub for Clariant's catalysts and will produce next generation catalysts for CB&I's Novolen technology licensees and the global polypropylene industry.

"The new plant will manufacture high-performing, innovative catalysts to help the global industry efficiently produce a complete portfolio of polypropylene resins," said Philip K. Asherman, CB&I's President and Chief Executive Officer. "This is an excellent example, from a technology standpoint, of how CB&I is able to control more of our supply chain to benefit our customers and key parts of our business."

CB&I's partnership with Clariant strengthens both companies' position in polypropylene catalyst and technology by leveraging joint research and development efforts, Clariant's production experience and CB&I's expertise in catalyst, process design and licensing of polypropylene plants.

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]

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SOURCE CB&I

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