Frontier Oil Selects CB&I for Refinery Expansion Project
biz.yahoo.com
Wednesday December 21, 8:00 am ET
THE WOODLANDS, Texas--(BUSINESS WIRE)--Dec. 21, 2005--CB&I (NYSE:CBI) has been awarded a contract by Frontier El Dorado Refining Company to design and build a crude and vacuum unit expansion at Frontier's refinery in El Dorado, Kansas. The expansion project will enable Frontier to increase crude charge rates, achieve higher yields of gasoline and distillates, and run a significantly higher proportion of heavy crude oil. CB&I's contract to supply the new preflash and vacuum units is valued in excess of US$85 million.
The project will be executed on a lump-sum, turnkey EPC basis. CB&I will apply its extensive experience in engineering, fabrication and innovative construction execution approaches to achieve Frontier's goals. The crude and vacuum expansion will utilize a basic process design package by Process Consulting Services, Inc., combined with CB&I's detail design expertise. Mechanical completion is scheduled for spring 2008.
CB&I is currently building two units for Frontier at El Dorado as part of the refinery's clean fuels program: a 24,000 barrel per day diesel hydrotreater and a 35,000,000 standard cubic feet per day hydrogen plant.
Gerald M. Glenn, CB&I's Chairman, President and CEO, stated: "We are pleased to continue our association with Frontier. As refiners like Frontier seek to expand their capability to process heavier grades of crude oil, CB&I offers flexible solutions to meet their needs." |
