The complex in Myrtle Grove, Louisiana, will consist of four identical methanol trains and associated utilities. (Creative Commons/Pixabay)
USA: Methanol Complex

CB&I Combine Businesses with McDermott and Receives Contract by IGP Methanol

CB&I and McDermott International announced that they have entered into a business transaction agreement valued $ 6 billion, under which the two companies will combine in an all-stock transaction. The combination will create a fully vertically integrated onshore-offshore company with a broad engineering, procurement, construction and installation service offering and technology portfolio. CB&I also announced that it has been awarded a contract by IGP Methanol LLC.

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