CB&I Announces Refining Technology Award in China

              CB&I Announces Refining Technology Award in China

PR Newswire

THE WOODLANDS, Texas, April 7, 2014

THE WOODLANDS, Texas, April 7, 2014 /PRNewswire/ --CB&I (NYSE: CBI) today
announced its Chevron Lummus Global joint venture has been awarded a contract
valued in excess of $100 million. The scope of work includes the license,
engineering design package and catalyst supply for three grassroots refinery
units to be located in China.

One unit will utilize LC-MAX residue hydrocracking technology – the first
commercialization for a grassroots unit. Another will utilize ISOCRACKING
distillate hydrocracking technology, and the third will utilize VRDS vacuum
residue desulfurization technology and UFR upflow reactor technology, all from
Chevron Lummus Global.

"These cutting-edge hydroprocessing technologies will allow the customer to
economically maximize the conversion of a variety of heavy crude oil residues
into high quality transport fuels and other valuable products," said Daniel
McCarthy, President of CB&I's Technology operating group.

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. With 125 years of
experience and the expertise of approximately 55,000 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, 2013, 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.

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.

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
 
Press spacebar to pause and continue. Press esc to stop.