THE WOODLANDS, Texas, Feb. 15, 2018 /PRNewswire/ -- CB&I (NYSE: CBI) today announced it has been awarded a contract valued in excess of $95 million by Samsung Engineering (Thailand) Co. Ltd. for a brownfield ethylene plant at PTT Global Chemical's (PTTGC) petrochemicals complex in Map Ta Phut, Rayong, Thailand.
CB&I's scope of work includes the license and basic engineering of the ethylene plant and pyrolysis gasoline hydrogenation unit. It also includes detailed engineering and material supply of SRT® (Short Residence Time) pyrolysis heaters. The plant will use CB&I's latest generation ethylene technology for the production of polymer grade ethylene, propylene and other byproducts, with a nameplate capacity of 500,000 metric tons per year of ethylene and 250,000 metric tons per year of propylene.
"CB&I looks forward to providing the technology license and heater supply to this ethylene plant in Thailand," said Daniel M. McCarthy, CB&I's Executive Vice President of Technology. "This award is the third CB&I licensed ethylene plant for PTTGC and further expands our presence in Asia."
CB&I (NYSE: CBI) is a leading provider of technology and infrastructure for the energy industry. With more than125 years of experience, CB&I provides reliable solutions to our customers around the world while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.CBI.com.
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