CB&I Announces Technology Award

  CB&I Announces Technology Award

     Lummus Technology Awarded Contract from Huating Coal Group Co., Ltd.

Business Wire

THE WOODLANDS, Texas -- October 16, 2012

CB&I (NYSE: CBI) has been awarded a contract by Huating Coal Group Co., Ltd.
for the license, basic engineering and related services for a polypropylene
plant at Huating Industrial Development Area Gansu in China.

The plant will use the Novolen^® advanced gas-phase polymerization technology
for the production of the full scope of polypropylene homopolymers, random
copolymers and impact copolymers. The plant will be part of an integrated
600,000 metric ton per year (MTA) coal-to-methanol project, which started
production at the end of 2010. The 200,000 MTA polypropylene plant is expected
to start up in 2014.

About CB&I

CB&I (NYSE: CBI) engineers and constructs some of the world’s largest energy
infrastructure projects. With premier process technology from its Lummus
Technology business, proven EPC expertise, and unrivaled storage tank
experience, CB&I executes projects from concept to completion. Safely.
Reliably. Globally. For more information, visit www.CBI.com.

Contact:

CB&I
Investors:
Christi Thoms, +1 832 513 1200
or
Media:
www.CBI.com
 
Press spacebar to pause and continue. Press esc to stop.