CB&I Announces Low-temperature Tank Award
THE WOODLANDS, Texas, Sept. 19, 2013
THE WOODLANDS, Texas, Sept. 19, 2013 /PRNewswire/ --CB&I (NYSE:CBI) announced
today it has been awarded a contract valued in excess of $50million by Sunoco
Partners Marketing and Terminals L.P. CB&I will provide engineering,
procurement, construction and pre-commissioning for two large low-temperature
liquefied propane and butanetanks for Sunoco Logistics'Mariner South project
in Nederland, Texas.
"This award builds on CB&I's proven capabilities in the engineering and
construction of low-temperature tanks for major projects," said Luke Scorsone,
President of CB&I's Fabrication Services operating group. "Our experience,
client offerings and vast resources position CB&I to support current and
future propane and butaneinfrastructure projects in the liquefied petroleum
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
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
Contact: Media: www.CBI.com, Investors: Christi Thoms +1 832 513 1200
Press spacebar to pause and continue. Press esc to stop.