CB&I Awarded Contract for LACC Ethane Cracker Project

CB&I CBI today announced it has been awarded an early works contract by LACC, LLC, a joint venture between Axiall Corporation and Lotte Chemical Corporation, to provide additional detailed engineering and early procurement services associated with the proposed LACC Ethane Cracker Project in Lake Charles, Louisiana. This new scope of work follows CB&I's previous supply of its proprietary ethylene technology and front-end engineering design (FEED) services to LACC, LLC. The parties continue to evaluate the construction of a cracker with the capacity to produce approximately one million metric tons of ethylene annually employing CB&I's latest, proven ethylene technology, including highly selective SRT® cracking heaters and its innovative recovery section design, featuring low pressure separation and mixed refrigeration to minimize investment costs. "CB&I has worked closely with Axiall Corporation and Lotte Chemical to develop this project from the beginning," said Patrick K. Mullen, President of CB&I's Engineering & Construction operating group. "We are pleased to affirm our relationship with both companies and look forward to supporting this important initiative."