CB&I bags Toyo Engineering’s Shintech ethane cracker project

CB&I bags Toyo Engineering’s Shintech ethane cracker project

9:41 AM, 24th April 2015
CB&I bags Toyo Engineering’s Shintech ethane cracker project
Philip Asherman, president and CEO, Chicago Bridge & Iron Company NV (CB&I).

TEXAS, US: Energy infrastructure firm Chicago Bridge & Iron Company NV (CB&I) said it has bagged contracts valued in excess of $640 million by Toyo Engineering Corp to provide ethylene technology, basic engineering and cracker heater supply, as well as construction services for the Shintech Ethane Cracker Project in Plaquemine, Louisiana.

The ethylene plant will employ CB&I’s latest ethylene technology, including highly selective SRT® cracking heaters and its innovative recovery section design, featuring low pressure separation and mixed refrigeration to minimize investment costs.

“This award is an example of the synergies between our technology and direct hire construction capabilities,” said Philip Asherman, president and chief executive officer, CB&I.

 

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