CB&I Wins Storage Terminal Expansion Contract in Texas

THE WOODLANDS, Texas, Sept. 26, 2017 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded a contract by Phillips 66 to increase storage capacity at Phillips 66's liquid products terminal in Nederland, Texas.

CB&I's scope of work encompasses the engineering, procurement, fabrication and erection of three large crude oil storage tanks with external steel pontoon type floating roofs.

"This is our third project for Phillips 66 at this terminal, where we are currently building five similar crude storage tanks," said Luke V. Scorsone, Executive Vice President of CB&I's Fabrication Services operating group. "As the industry's most experienced tank builder, we can deliver the safety, quality and schedule performance our customers expect and rely on."

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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