CB&I announces CATOFIN technology award for petrochemical plant in China

CB&I today announced it has been awarded a contract by Dongguan Grand Resource Science & Technology Co. Ltd. for the license and engineering design of a grassroots propane dehydrogenation unit to be built in Dongguan City, Guangdong Province, China. The unit will use CB&I's CATOFIN® catalytic dehydrogenation technology and Clariant's tailor-made CATOFIN catalyst to produce 600,000 metric tons per year of propylene. This unit has been optimized to reduce equipment piece-count and lower propane consumption, resulting in low investment and operating costs.

"CB&I is pleased to have been selected by Dongguan Grand Resource to provide the CATOFIN technology license for this new petrochemical facility in China," said Philip K. Asherman, CB&I's President and Chief Executive Officer. "Our CATOFIN technology continues to demonstrate low cost of production while providing proven reliability and flexibility to our customers."

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