CB&I Awarded Contract For Monoethylene Glycol Facility

The Woodlands, TX /PRNewswire/ - CB&I (NYSE: CBI) today announced it has been awarded an early works contract by Lotte Chemical Louisiana, LLC to provide construction planning and reviews as well as early works services associated with a proposed monoethylene glycol (MEG) facility in Lake Charles, Louisiana. The proposed MEG facility will be located adjacent to the potential ethane cracker, previously announced by a joint venture between Axiall Corporation and Lotte Chemical Corporation.

"CB&I is once again pleased to be working with Lotte Chemical on this, the second of two important petrochemical initiatives in the region," said Patrick K. Mullen, President of CB&I's Engineering & Construction operating group. "We appreciate their confidence in our resources and ability to self-perform and look forward to helping them build the facility."

About CB&I
CB&I (NYSE: CBI) is the most complete energy infrastructure focused company in the world. With 125 years of experience and the expertise of approximately 54,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com.

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