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$CBI News

Last published 8y ago

  • 8y agoNEXTCBINextDecade and CB&I Complete Rio Grande LNG FEED Update, Reconfirm Market-Leading Cost EstimatesBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that it has completed the Front-End Engineering & Design (FEED) update package with CB&I (NYSE: CBI) for the proposed Rio Grande LNG project in South Texas. The update incorporates identified cost reduction and value improvement initiatives and reconfirms market-leading EPC cost estimates for ...
  • 9y agoCBICB&I Launches New Program to Train and Hire VeteransBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE:CBI) today officially launched the CB&I Craft Development Program for Industrial Electricians, which is part of the company’s long-standing commitment to supporting veterans. CB&I has partnered with Central Louisiana Technical Community College’s (CLTCC) Lamar Salter Campus and Fort Polk, a U.S. Army installation in Louisiana, to train active duty ...
  • 10y agoCBIChicago Bridge & Iron NV (CBI) Q3 2016 Results - Earnings Call TranscriptEarnings Call Transcripts
  • 10y agoCBIChicago Bridge & Iron NV (CBI) Philip K. Asherman On Q4 2015 Results - Earnings Call TranscriptEarnings Call Transcripts
  • 12y agoGECBIFreeport LNG Selects GE for Major North American LNG Export ProjectBusiness WireNEW YORK--(BUSINESS WIRE)--GE Oil & Gas (NYSE:GE) announced today that it is providing both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in Southeast Texas. GE is supplying the main refrigeration compressors, variable-speed drive electric motors and other electrical equipment for two customized LNG liquefac ...
  • 13y agoCBICB&I Schedules Conference Call and Webcast for May 2Business WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) will host a conference call May 2, 2013, at 4 p.m. Central time following the release of its first quarter 2013 financial results.
  • 13y agoCBICB&I Hosts Investor DayBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) hosted an Investor Day in New York today. During the meeting, CB&I's management team demonstrated the company's confidence in its end markets as well as its ability to capture new business and help clients meet the growing demand for energy infrastructure.
  • 13y agoCBICB&I Announces Contract in AustraliaBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today it has been awarded a contract valued in excess of US$80 million by JKC Australia LNG Pty Ltd. The scope of work includes the engineering, procurement, construction and pre-commissioning for non-cryogenic storage tanks for the Ichthys Project LNG facilities in Darwin, Northern Territory, Australia.
  • 13y agoCBIPSXCB&I Announces Technology AcquisitionBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today it has entered into an agreement with Phillips 66 (NYSE: PSX) to acquire the company’s E-Gas™ Technology business.
  • 13y agoCBICB&I to Host Investor Day March 28 in New YorkBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) will host its Investor Day in New York, N.Y., on Thursday, March 28 at 8 a.m. Eastern time. The webcast of the event will be available on the Investor Relations tab of www.cbi.com.
  • 13y agoCBICB&I Announces Contract in AsiaBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract valued in excess of US$180 million for the engineering, procurement, construction and commissioning work for LNG storage tanks on a project in Asia. Project completion is scheduled for 2015.
  • 13y agoCBICB&I Announces Technology Award in KoreaBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract by SK gas, South Korea’s largest importer and distributor of liquefied petroleum gas (LPG), for the license and engineering design of a grassroots propane dehydrogenation (PDH) unit to be built in Ulsan, Korea. Startup is expected in 2016.
  • 13y agoCBICB&I Reports 2012 Fourth Quarter and Full-Year ResultsBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) today reported net income for the fourth quarter of $89.6 million, or $0.91 per diluted share, versus $70.5 million or $0.70 per diluted share in the fourth quarter of 2011. Revenue for the quarter was $1.5 billion, with new awards of $2.9 billion.
  • 13y agoCBICB&I Declares Interim Common Stock DividendBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) has declared an interim dividend on common stock of $0.05 per share, payable March 28, 2013 to shareholders of record as of March 18, 2013.
  • 13y agoCBICB&I Announces Storage AwardBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced that it was awarded a storage contract valued in excess of US$110 million for a project in the U.S. The scope of work includes a storage tank, refrigeration system and ship loading facilities.
  • 13y agoCBICB&I Announces Offshore Award for Project in Norwegian SeaBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a project valued in excess of US$180 million by HYUNDAI Heavy Industries Co., Ltd. (HHI).
  • 13y agoCBICB&I Announces Executive Management AppointmentsBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) today announced two executive management appointments:
  • 13y agoCBICB&I Completes Shaw Group AcquisitionBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has completed the acquisition of The Shaw Group. CB&I and Shaw shareholders overwhelmingly approved the transaction in December 2012.
  • 13y agoCBICB&I Schedules Conference Call and Webcast for February 27Business WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) will host a conference call February 27, 2013 at 4:00 p.m. CST (5:00 p.m. EST) following the release of its fourth quarter and full-year 2012 financial results.
  • 13y agoCBICB&I Announces a Contract for a Gas Processing Project in DenmarkBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract in excess of US$175 million by DONG Oil Pipe A/S for the engineering, procurement and construction services of the DO Hejre Crude Stabilization Project at the DONG Oil Pipe Oil Terminal in Fredericia, Denmark. This is a fourth quarter 2012 award.
  • 13y agoCBICB&I Announces Offshore AwardBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a project valued in excess of US$250 million by Daewoo Ship building & Marine Engineering Co, Ltd. (DSME). This is a fourth quarter 2012 award.
  • 13y agoCBICC JV Awarded Feed Contract for Onshore Natural Gas Liquefaction Facilities in the Republic of MozambiqueBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that CC JV, a joint venture comprising of CB&I and Chiyoda Corporation, has been awarded a contract for the Front End Engineering and Design (FEED) for the onshore natural gas liquefaction facility project in an LNG park in the Cabo Delgado Province of northern area of the Republic of Mozambique by Anadarko Moçambique Area 1 L ...
  • 13y agoCBICB&I Receives Esso Longford Gas Conditioning Plant Project ContractBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract, valued at approximately US$550 million, by Esso Australia Resources Pty Ltd. for work at its Longford, Victoria, Australia site.
  • 13y agoCBISHAWCB&I Shareholders Approve Acquisition of Shaw GroupBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) today announced that at the Company’s special meeting of shareholders held on December 18, 2012, CB&I shareholders overwhelmingly approved the proposal related to the acquisition of Shaw Group (NYSE: SHAW) by CB&I. The certified results indicate that over 90% of the shares voting at the special meeting were voted in favor of the acquisition p ...
  • 13y agoCBICB&I Provides Initial 2013 GuidanceBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) today announced that the Company is issuing stand-alone guidance (excluding Shaw results and transaction related costs) for 2013 as follows:
  • 13y agoCBICB&I Awarded Storage Contract in the Middle EastBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract valued in excess of US$110 million for the engineering, procurement and construction of storage facilities for a project in the Middle East.
  • 13y agoCBICB&I Schedules Conference Call and Webcast for December 19Business WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) will host a conference call December 19 at 1:00 p.m. CST (2:00 p.m. EST) following the release of its 2013 guidance.
  • 13y agoCBICB&I Declares Interim Common Stock DividendBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) has declared an interim dividend on common stock of $0.05 per share, payable December 31, 2012 to shareholders of record as of December 21, 2012.
  • 13y agoCBICB&I to Present at Citi’s Annual Basic Materials SymposiumBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--Daniel McCarthy, Executive Vice President and President, Lummus Technology of CB&I (NYSE:CBI) is scheduled to speak to investors at Citi’s Annual Basic Materials Symposium November 27 at 1:30 p.m. Eastern Time in New York.
  • 14y agoCBICB&I Reports Third Quarter 2012 ResultsBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) today reported net income of $80.2 million, or $0.82 per diluted share, for the third quarter of 2012, compared with $72.2 million, or $0.72 per diluted share, in the third quarter of 2011. Revenue for the quarter was $1.4 billion, up from $1.3 billion over the comparable period. New awards for the quarter totaled $930 million, and the compan ...
  • 14y agoCBICB&I Announces Technology AwardBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) has been awarded a contract by Huating Coal Group Co., Ltd. for the license, basic engineering and related services for a polypropylene plant at Huating Industrial Development Area Gansu in China.
  • 14y agoCBICB&I Schedules Conference Call and Webcast for October 23Business WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE:CBI) will host a conference call October 23, 2012 at 4:00 p.m. CDT (5:00 p.m. EDT) following the release of its third quarter 2012 financial results.
  • 14y agoCBICB&I Announces Contracts for U.S. Petrochemical ProjectBusiness WireTHE 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.
  • 14y agoCBICB&I Awarded Offshore Engineering ContractBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract valued in excess of US$80 million for an offshore engineering project in Europe. The scope of work includes detailed engineering design as well as the provision of procurement services. The work is scheduled for completion in 2013.
  • 14y agoCBISHAWCB&I Announces Expiration of HSR Waiting Period for Pending Shaw AcquisitionBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that the waiting period for U.S. antitrust review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, relating to the previously announced acquisition of The Shaw Group (NYSE: SHAW) by CB&I, expired on Wednesday, September 19, 2012. Expiration of the waiting period satisfies a condition to the closing o ...
  • 14y agoCBICB&I Declares Interim Common Stock DividendBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) has declared an interim dividend on common stock of $0.05 per share, payable September 28, 2012 to shareholders of record as of September 21, 2012.
  • 14y agoCBICB&I Announces Technology Award in ChinaBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract by the Hebei Haiwei Group for the license and basic engineering design of a grassroots propane dehydrogenation unit to be located in Jingxian, Hebei Province, China. The unit will use the CATOFIN® propane dehydrogenation process from Lummus Technology that employs Süd-Chemie’s latest CATOFIN ...
  • 14y agoCBICB&I Awarded EPCM Contract for Butadiene Extraction Plant in BelgiumBusiness WireTHE 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 eur ...
  • 14y agoCBISHAWCB&I Announces Agreement to Acquire the Shaw GroupBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has entered into a definitive agreement to acquire Shaw Group (NYSE: SHAW), a Fortune 500 company primarily focused on serving clients in the power generation and government services sector. The acquisition is expected to close in early 2013.
  • 14y agoCBICB&I Reports Second Quarter 2012 ResultsBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) today reported net income of $72.3 million, or $0.74 per diluted share, for the second quarter of 2012, compared with $61.9 million, or $0.62 per diluted share, in the second quarter of 2011. Revenue for the quarter was $1.3 billion versus $1.1 billion in the comparable period. New awards totaled $1.8 billion compared with $1.2 billion, incre ...
  • 14y agoCBICB&I Announces Contract in AustraliaBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that is has been awarded a contract, valued in excess of USD$225 million, by AGL Energy Limited (AGL) for the engineering, procurement, construction and commissioning work on the Newcastle Gas Storage Facility Project (NGSF) at Tomago in New South Wales, Australia.
  • 14y agoCBICB&I Announces Technology Contract in MalaysiaBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract by PETRONAS for the license and engineering design work for five petrochemicals units. The project is part of the new refinery and petrochemicals integrated development (RAPID) project to be located in Johor, Malaysia.
  • 14y agoCBICB&I Schedules Conference Call and Webcast for July 24Business WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) will host a conference call July 24 at 4:00 p.m. CDT (5:00 p.m. EDT) following the release of its second quarter 2012 financial results.
  • 14y agoCBICB&I Announces Technology Award in U.S.Business WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract by Enterprise Products Partners L.P. for the license and basic engineering of a propane dehydrogenation unit to be located on the Texas Gulf Coast. The unit will use the CATOFIN® propane dehydrogenation process from Lummus Technology that employs Süd-Chemie’s latest CATOFIN catalyst to produ ...
  • 14y agoCBICB&I Announces Paraxylene Technology Award by Reliance Industries Limited, IndiaBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract by Reliance Industries Ltd. for providing technology for the world’s largest aromatics complex to be built at Jamnagar, Gujarat, India.
  • 14y agoCBICB&I Announces Kearl Oil Sands Expansion Project ContractBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that it has been awarded a contract, valued at approximately US$300 million, by Imperial Oil Resources Ventures Ltd. for work on the Kearl Expansion Project in Alberta, Canada.
  • 14y agoCBICB&I Awarded FEED Contract for NKNK Ethylene Plant in RussiaBusiness WireTHE 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.
  • 14y agoCBICB&I to Present at 2012 Credit Suisse Engineering & Construction ConferenceBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--Philip Asherman, President and Chief Executive Officer, and Ronald A. Ballschmiede, Executive Vice President and Chief Financial Officer, of CB&I (NYSE:CBI) are scheduled to speak to investors at the Credit Suisse 2012 Engineering & Construction Conference June 7 at 9:50 a.m. Eastern Time in New York.
  • 14y agoCBICB&I Declares Interim Common Stock DividendBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) has declared an interim dividend on common stock of $0.05 per share, payable June 29, 2012 to shareholders of record as of June 15, 2012.
  • 14y agoCBICB&I Reports First Quarter 2012 ResultsBusiness WireTHE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) today reported net income of $59.5 million, or $0.60 per diluted share, for the first quarter of 2012, compared with $50.5 million, or $0.50 per diluted share, in the first quarter of 2011. Revenue for the quarter was $1.2 billion compared with first quarter 2011 revenue of $954.3 million. New awards totaled $1.7 billion compared with $1.0 bi ...