CB and I Awarded Contracts for World-Scale Petrochemical Complex in India

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Texas (United States), Sept 9 (ANI/Business Wire India): CB and I (NYSE:CBI), through Lummus Technology, has been awarded contracts with an overall value in excess of 45 million dollar by Essar Gujarat Petrochemicals Limited for technology licenses and basic engineering related to a major grassroots petrochemicals complex in Vadinar, Gujarat, India.

The technologies to be provided include ethylene, ethylbenzene/styrene monomer, butadiene extraction, MTBE/ETBE/butene-1, and cumene/phenol.

The cornerstone of the petrochemical complex will be a 1.3 million metric ton per annum mixed feed ethylene unit that will utilize Lummus' latest generation SRT(R) VI cracking furnaces and recovery technology.

The downstream petrochemical units for the production of styrene, butadiene, ethers, butene-1, and phenol are also of world-scale capacity, and are being licensed by Lummus in cooperation with its various licensing partners.

This wide variety of technologies licensed by Lummus represents the majority of the process units in the planned petrochemical complex. This exemplifies the comprehensive technology portfolio Lummus provides to the petrochemical industry, in addition to its broad refining technology capabilities.

ANI

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