China: Refining and Petrochemicals CB&I Announces Strategic Alliance with Jinzhou Port
CB&I has signed a strategic alliance with Jinzhou Port (Jingang) to become the master licensor for an integrated refining and petrochemicals project in Jinzhou City, China.
The Woodlands/USA — The alliance includes the exclusive license, engineering design, catalyst supply and proprietary equipment for the complex. CB&I will be the primary licensor to provide up to 30 proprietary technologies from gasification and refining to petrochemicals.
"CB&I is proud to partner with Jingang as the master licensor for this large-scale complex, which could employ more than one-third of CB&I's technology portfolio," said Philip K. Asherman, CB&I's President and Chief Executive Officer. "The scope of the alliance offers the largest supply of CB&I technologies to a single project, and leverages our breadth of portfolio to Jingang for optimum configuration of their complex."