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September 08, 2010 04:01 PM Eastern Time 

CB&I Announces Successful Start of Methanol-to-Olefins Unit in China

THE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE: CBI) announced today that a plant using the combined DMTO methanol-to-olefins technology of SYN Energy Technology Co. Ltd. and Lummus Technology successfully started-up in Baotou, China. It is the world’s first methanol-to-olefins unit to be operated on a commercial scale. The plant is owned by China Shenhua Coal to Liquid and Chemical Company Ltd.

The breakthrough technology enables licensees to produce olefins (ethylene and propylene) from methanol. The plant is designed to produce 600,000 tons per annum of olefins from methanol. On spec ethylene and propylene product were achieved less than 72 hours after methanol was introduced to the unit.

The unit is the first of several that have been licensed by SYN and Lummus Technology under a worldwide partnership to offer the reactor and olefins recovery technologies jointly. SYN licensed the reactor and catalyst technology used in the plant and Lummus Technology licensed the olefins recovery technology.

Olefins are used as intermediates in the petrochemical industry to produce a variety of products, including plastics, fibers and rubber.

About SYN

SYN, which is headquartered in Dalian, China, is a joint venture company, controlled by DICP (Dalian Institute of Chemical Physics, Chinese Academy of Sciences), which licenses DMTO technology. For more information visit www.syn.ac.cn. DICP, founded in 1949, is a multidisciplinary institute engaging in both fundamental and applied researches of chemistry and chemical engineering, with strong capabilities in technological development. DICP, which has 30 years of DMTO technology research and development experience, is recognized as a world leader in this field. Since its founding, the institute has cultivated a number of scientists and academic leaders who have earned prominence both in China and abroad. Many younger scientific and technical elites have also been educated at the institute. Ten distinguished DICP scientists have been elected as Members of the Chinese Academy of Science and two scientists have been elected as Members of the Chinese Academy of Engineering. DICP currently has 590 employees, including 76 professors.

About CB&I

CB&I designs, engineers and constructs some of the world’s largest energy infrastructure projects, providing a full spectrum of EPC solutions and proven process technologies. Drawing upon more than a century of experience and the expertise of approximately 16,000 employees worldwide, CB&I safely and reliably executes more than 600 projects a year through its three business sectors: CB&I Lummus builds upstream and downstream oil & gas projects, LNG liquefaction and regasification terminals, and a wide range of other energy related projects; CB&I Steel Plate Structures designs, fabricates and constructs storage tanks and containment vessels and their associated systems for the oil & gas, water & wastewater, mining and nuclear industries; Lummus Technology capitalizes on more than 1,500 patents and patent applications to provide process technologies, catalysts and specialty equipment for petrochemical facilities, oil refineries and gas processing plants. For more information, visit www.CBI.com or access technical details at Lummus Technology Fact Sheets. If you would like to be added to CB&I’s news release email distribution list, visit www.cbi.com/news.

Contacts

CB&I
Media: Jan Sieving, +1 832 513 1111
or
Investors: Mark Coscio, +1 832 513 1200

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