(Source: Business Wire)
Lummus Technology, a CB&I company (NYSE: CBI), has been awarded a contract valued at approximately US$40 million by CTCI Corporation for the material supply of eight cracking heaters. The heaters, with a capacity of 720,000 metric tons per annum, are for the No. 6 Naphtha Cracker Ethylene Plant, of CPC Corporation, Taiwan, located in Lin Yuan, Taiwan, Republic of China. Lummus Technology also provided the process technology and basic engineering under a separate contract with CPC.
About CTCI
CTCI Corporation, with its headquarters in Taipei and more than 7,000 professional employees worldwide, is the largest EPC firm in Taiwan, providing integrated services to its clients in the oil and gas, refining, petrochemicals, chemicals, LNG receiving terminals, infrastructure, transportation, power plant and environmental industries. The major overseas subsidiaries of CTCI are located in Thailand, China, Vietnam, India, and Saudi Arabia. For more information about CTCI Group, visit www.ctci.com.tw.
About CB&I
CB&I designs, engineers and constructs some of the world's largest energy infrastructure projects, providing a full spectrum of EPC solutions and proven process technologies. Drawing upon more than a century of experience and the expertise of approximately 17,000 employees worldwide, CB&I safely and reliably executes more than 600 projects a year through its three business sectors: CB&I Lummus builds upstream and downstream oil & gas projects, LNG liquefaction and regasification terminals, and a wide range of other energy related projects; CB&I Steel Plate Structures designs, fabricates and constructs storage tanks and containment vessels and their associated systems for the oil & gas, water & wastewater, mining and nuclear industries; Lummus Technology capitalizes on more than 1,500 patents and patent applications to provide process technologies and catalysts for petrochemical facilities, oil refineries and gas processing plants. For more information, visit www.CBI.com or access technical details at Lummus Technology Fact Sheets. If you would like to be added to CB&I's news release email distribution list, visit www.cbi.com/ir/news.htm.
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