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CB&I announces award for Liwa Plastics Project

Nov. 23, 2015 8:28 AM ETChicago Bridge & Iron Company (CBI) StockCBIBy: Yoel Minkoff, SA News Editor7 Comments
  • A joint venture between CB&I (NYSE:CBI) and CTCI Corp. has received a $2.8B award from Oman Oil Refineries and Petroleum Industries Company for the Liwa Plastics Industrial Complex Project in Sohar, Oman.
  • The scope of work includes EPC for a grassroots 880-ktpa ethylene plant, pygas unit and MTBE unit, as well as all the related off-sites and utilities.

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