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CB&I Announces Contracts for U.S. Petrochemical Project

THE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded contracts by Occidental Chemical Corporation for the technology license, basic engineering and front end engineering and design (FEED) services for a proposed new ethane cracker. The proposed cracker is anticipated to have a capacity of approximately 1.2 billion pounds per year of ethylene.