Ethane Cracker CB&I Secures Cracker Deal in Excess of 640 Million Dollar
CB&I becomes technology and engineering partner of Toyo in the Shintech Ethane Cracker Project located at Plaquemine, Louisiana. In total, contracts in excess of US $ 640 million, covering ethylene technology, basic engineering and cracker heater supply, as well as construction services, were signed by the two companies.
The Woodlands, Texas/USA – The Plaquemine ethylene plant will employ CB&I's latest ethylene technology, including highly selective SRT cracking heaters and its recovery section design, featuring low pressure separation and mixed refrigeration.
"This award is an example of the synergies between our technology and direct hire construction capabilities," said Philip K. Asherman, CB&I's President and CEO. "CB&I's selection demonstrates our customers' confidence in our ability to self-perform projects along the US Gulf Coast."