CB&I was awarded a $300 million contract by Williams
Olefins for a petrochemicals expansion project in Geismar, Louisiana,
officials announced on Monday.
The scope of the award includes the license and basic
engineering for the ethylene technology, the supply of the
cracking furnaces, and the detailed engineering, procurement,
and construction of the expansion project.
Plant capacity is expected to be increased from 1.35 to 1.95
We are very pleased to be selected for this important
US ethylene project, said Philip K.
Asherman, CEO. The petrochemicals market is re-emerging
in the US due to the abundance of lower cost ethane feedstock, directly attributable to
increased shale gas production.
This award reflects the industrys confidence in
CB&Is ability to provide both proven technology and EPC services to the
Ethylene, mainly produced via steam cracking, is the
worlds largest volume hydrocarbon.
As the primary building block for the chemical industry, it
is used to produce a variety of products, including plastics,
fibers and rubbers, CB&I noted.