THE WOODLANDS, Texas,
Sept. 11, 2017 /PRNewswire/
-- CB&I (NYSE:CBI) today announced it has been awarded a
contract by Xuzhou HaiDing Chemical Technology Co. Ltd. for the
license and engineering design of a grassroots propane
dehydrogenation unit to be built in Pizhou, Jiangsu Province, China. The unit will use CB&I's
CATOFIN® catalytic dehydrogenation technology and
Clariant's tailor-made, non-noble, CATOFIN catalyst to produce
600,000 metric tons per year of propylene. CB&I's CATOFIN
technology continues to be the propane dehydrogenation technology
of choice, which consistently exceeds customer expectations for
overall performance.
"We look forward to furthering our technology footprint in
China by licensing CATOFIN to
Xuzhou HaiDing Chemical Technology's fast-track project," said
Daniel M. McCarthy, CB&I's
Executive Vice President of Technology. "CATOFIN has unmatched
operational reliability and continually surpasses nameplate
capacities. Its optimized operational conditions delivers the
highest conversion and selectivity to the customer, resulting in
both the lowest capital and operational expenditure for the
project."
About CB&I
CB&I (NYSE:CBI) is a leading provider of technology and
infrastructure for the energy industry. With more than 125 years of
experience, CB&I provides reliable solutions to our customers
around the world while maintaining a relentless focus on safety and
an uncompromising standard of quality. For more information, visit
www.CBI.com.
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"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, 2016, 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.
Investors: Scott Lamb, +1 832
513 1068, Scott.Lamb@CBI.com
Media: Gentry Brann,
+1 832 513 1031, Gentry.Brann@CBI.com
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SOURCE CB&I