THE WOODLANDS, Texas,
Aug. 21, 2014 /PRNewswire/
-- CB&I (NYSE:CBI) announced today it has been awarded a
contract by Polski Koncern Naftowy Orlen S.A. (PKN) for the license
and engineering design of a new on-purpose propylene production
unit to be located in Plock, Poland.
The unit will use CB&I's proprietary Olefins Conversion
Technology (OCT) to produce 100,000 metric tons per annum (MTA) of
propylene to be used internally. Feedstock for the unit will be
sourced from PKN's Plock Refinery and Petrochemical Complex.
"As evidenced by this latest technology award, when producers
want to make additional polymer grade propylene, they use
CB&I's broad range of propylene producing technologies such as
the Olefins Conversion Technology," 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.
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CB&I and represents our expectations and beliefs concerning
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"could," "may," "might" or similar forward-looking statements, we
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"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.
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SOURCE CB&I