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Gold/Mining/Energy : Chicago Bridge & Iron Company N.V. (CBI)
CBI 16.390.0%May 11 5:00 PM EST

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From: JakeStraw3/6/2006 8:35:39 AM
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U.S. Refiner Selects CB&I for Clean Fuels Project
biz.yahoo.com
Monday March 6, 8:00 am ET

THE WOODLANDS, Texas--(BUSINESS WIRE)--March 6, 2006--CB&I (NYSE:CBI) has been awarded a lump-sum turnkey contract by a major U.S. refiner to supply a diesel hydrotreater for one of its refineries in the United States. The project is valued in excess of US$50 million.

CB&I's scope of work for the project consists of the engineering, procurement, fabrication and construction of a 16,000 barrel per day diesel hydrotreater plus related ancillary equipment and systems. The unit will enable the refinery to produce ultra low sulfur diesel to meet U.S. Environmental Protection Agency and state specifications. Mechanical completion is expected by spring 2007.

"We are pleased to continue our association with this valued customer as a key provider of clean fuels systems for their refineries," said Philip K. Asherman, CB&I's President and CEO. "We plan to leverage our extensive experience in the design and installation of hydrotreating units to meet our client's goals for safety, value and reliable operation."
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