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CB&I Awarded EPCM Contract for Butadiene Extraction Plant in Belgium

THE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract by BASF for the engineering, procurement and construction management of a new butadiene extraction plant in Antwerp, Belgium. The contract, which is valued in excess of US$50 million, is an essential part of the total BASF investment amount, which will be in the high double-digit million euro range. The plant is scheduled to start up during 2014.