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Gold/Mining/Energy : Chicago Bridge & Iron Company N.V. (CBI)

CBI 16.39

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May 11 5:00 PM EST

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From: JakeStraw	4/7/2006 8:10:51 AM
	of 55

CB&I to Supply Large Hydrogen Plant for Refinery in Texas biz.yahoo.com Friday April 7, 8:00 am ET THE WOODLANDS, Texas--(BUSINESS WIRE)--April 7, 2006--CB&I (NYSE:CBI) has been awarded a lump-sum contract by a major U.S. refiner to supply a large-scale hydrogen plant for one of its refineries located in Texas. The project is valued at approximately US$40 million. CB&I's scope of work for the project consists of the engineering, procurement and fabrication of an 80 million standard cubic feet per day hydrogen plant that will supply high-purity hydrogen for the refinery's ultra low sulfur diesel program. The customer will be responsible for construction of the facility. The plant will use CB&I's proprietary HYFORMING (TM) box furnace technology for steam methane reforming that provides superior process performance within a robust mechanical environment. Delivery of the plant is scheduled for summer 2007.

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