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CB&I Awarded FEED Contract for NKNK Ethylene Plant in Russia

THE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract valued in excess of US$40 million by Nizhnekamskneftekhim OAO (NKNK) to provide front end engineering and design (FEED) services for a new ethylene plant. The work is scheduled for completion in 2013.