CB&I Announces Award Of Execution Phase Of Air Quality Control Program

    CB&I Announces Award Of Execution Phase Of Air Quality Control Program

PR Newswire

THE WOODLANDS, Texas, May 2, 2013

THE WOODLANDS, Texas, May 2, 2013 /PRNewswire/ --CB&I (NYSE: CBI) today
announced it has been awarded a contract for the execution phase of an air
quality control program for 13 existing coal-fired units at five sites. The
units represent more than 9,000 megawatts (MW) of electric generating
capacity.

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This award is valued at approximately $300 million.CB&I was awarded the
development phase of the project in September 2012. During the execution
phase, CB&I will provide engineering, procurement and construction management
for modern air quality control technologies that will reduce emissions
including sulfur dioxide, mercury, particulate and hydrogen chloride. This is
a second quarter 2013 award.

"CB&I has a rich history in air quality control retrofits. This project will
allow us to continue our legacy in providing clean coal operations to meet or
exceed current regulations," said Lasse Petterson, Chief Operating Officer and
Executive Vice President, Engineering, Construction and Maintenance operating
group.

CB&I is a leading provider of air quality control systems, including wet and
dry flue gas desulfurization, dry sorbent injection, nitrogen oxides and
mercury removal, and particulate emissions control systems. CB&I has performed
emissions retrofits on more than 40,000 MW of power generation within the past
10 years.

About CB&I

CB&I (NYSE: CBI) is the most complete energy infrastructure focused company in
the world and a major provider of government services. Drawing upon more than
a century of experience and the expertise of approximately 50,000 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.

Important Information For Investors And Shareholders

Cautionary Statement Regarding Forward-Looking Statements

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, 2012, 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.

SOURCE CB&I

Website: http://www.cbi.com
Contact: Investors: Christi Thoms +1 832 513 1200, Media: www.CBI.com