CB&I Awarded Plant Services Contract Extension with Louisiana Pigment
THE WOODLANDS, Texas, Oct. 8, 2015 /PRNewswire/ -- CB&I (NYSE: CBI) today announced it has been awarded a contract extension valued at approximately $60 million by Louisiana Pigment, LP, to provide operations and maintenance at its specialty chemicals plant in Westlake, Louisiana.
"CB&I is pleased to be selected for the continuation of these operational services," said Chip Ray, President of CB&I's Capital Services operating group. "This contract signals the recognition of a long-standing relationship with Louisiana Pigment, and we are committed to delivering outstanding execution and superior safety performance."
About CB&I
CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world. With 125 years of experience and the expertise of approximately 54,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com.
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This press release contains forward-looking statements regarding CB&I and represents our expectations and beliefs concerning future events. These forward-looking statements are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties. When considering any statements that are predictive in nature, depend upon or refer to future events or conditions, or use or contain words, terms, phrases or expressions such as "achieve," "forecast," "plan," "propose," "strategy," "envision," "hope," "will," "continue," "potential," "expect," "believe," "anticipate," "project," "estimate," "predict," "intend," "should," "could," "may," "might" or similar forward-looking statements, we refer you to the cautionary statements concerning risk factors and "Forward-Looking Statements" described under "Risk Factors" in Item 1A of our Annual Report filed on Form 10-K filed with the SEC for the year ended December 31, 2014, and any updates to those risk factors or "Forward-Looking Statements" included in our subsequent Quarterly Reports on Form 10-Q filed with the SEC, which cautionary statements are incorporated herein by reference
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SOURCE CB&I
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