News | September 11, 2017

CB&I Announces CATOFIN Technology Award For Petrochemical Plant In China

The Woodlands, TX /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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SOURCE: CB&I

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