CB&I Announces Propane Terminal Award PR Newswire THE WOODLANDS, Texas, July 29, 2013 THE WOODLANDS, Texas, July 29, 2013 /PRNewswire/ -- CB&I (NYSE:CBI) announced today it has been awarded a contract valued in excess of $270 million by Sunoco Partners Marketing & Terminals, LP for the construction of a turnkey propane terminal and de-ethanizer facility in Marcus Hook, Penn. This is a third quarter 2013 award. "We are currently constructing the ethane storage tank terminal for Sunoco at this site," said Luke Scorsone, President of CB&I's Fabrication Services operating group. "The new award is a testament to CB&I's service offerings for our client, including our vast experience in engineering and constructing complex storage tanks and associated process systems." 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. (Logo: http://photos.prnewswire.com/prnh/20130430/DA04155LOGO) SOURCE CB&I Website: http://www.cbi.com Contact: Media: www.CBI.com or Investors: Christi Thoms +1 832 513 1200
CB&I Announces Propane Terminal Award
Press spacebar to pause and continue. Press esc to stop.