CB&I announces CATOFIN Technology Award for petrochemical plant in China_To produce 600,000 metric tons per year of propylene_by chemwinfo

15 February 2017

ABOUT CB&I

DETAILS

CB&I (NYSE: CBI) today announced

it has been awarded a contract by 

Dongguan Grand Resource Science & Technology Co. Ltd. 

for the license and engineering design

of a grassroots propane dehydrogenation unit

to be built in Dongguan City, 

Guangdong Province, China.

The unit will use CB&I's CATOFIN^® 

catalytic dehydrogenation technology

and Clariant's tailor-made CATOFIN catalyst

to produce 600,000 metric tons per year of propylene.

This unit has been optimized

to reduce equipment piece-count

and lower propane consumption,

resulting in low investment and operating costs.

CATOFIN is a registered trademark of Clariant.

Philip K. Asherman,

CB&I's President and Chief Executive Officer

"CB&I is pleased to have been selected

 by Dongguan Grand Resource

 to provide the CATOFIN technology license

 for this new petrochemical facility in China,"  

"Our CATOFIN technology continues to demonstrate

 low cost of production while providing

 proven reliability and flexibility to our customers."

READ MORE FROM CB&I

READ MORE FROM CLARIANT

Contact CB&I

Investors:

Scott Lamb,

+1 832 513 1068,

Scott.Lamb@CBI.com

Media:

Gentry Brann,

+1 832 513 1031,

Gentry.Brann@CBI.com

WWW.CHEMWINFO.COM  BY KHUN PHICHAI