CB&I bags Formosa Chemicals’ plant expansion contract
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CB&I bags Formosa Chemicals’ plant expansion contract

7:15 AM, 9th May 2017
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THE WOODLANDS, US: Chicago Bridge & Iron Company NV (CB&I) said that it has been awarded a contract by Formosa Chemicals and Fibre Corporation for the license and engineering design of a cumene and phenol plant expansion in Ningbo, China.

The original plant was licensed in 2010 by CB&I based on Versalis technology, and will now be re-engineered to achieve even higher capacity.

"CB&I has a long history with Formosa, and we look forward to continuing to provide premium technology solutions for their petrochemicals facility in China. This award underlines CB&I's ability to optimise existing units to achieve greater capacity in response to changing market demands," said Philip Asherman, president and CEO, CB&I.

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