CB&I To Supply Sulfur Processing Unit for Major U.S. Refiner.

THE WOODLANDS, Texas -- CB&I (NYSE:CBI) has been awarded a contract by a major U.S. refiner to design and build an amine regeneration unit to assist in sulfur removal at one of the customer's U.S. refineries. The project, valued in excess of US$45 million, was included in CB&I's new business taken for the second quarter 2005.

CB&I's work scope includes engineering, procurement and modular fabrication of an amine regeneration unit consisting of two sections with a combined design capacity of approximately 1,800 gallons per minute of amine regeneration capability. The unit is part of the refinery's amine treating system which uses an amine-based solvent to remove acid gases (sulfur dioxide and carbon dioxide) from the flue gas streams from the coker and fluid catalytic cracking unit. The project is scheduled for completion in third quarter 2006.

Gerald M. Glenn, CB&I's Chairman, President and CEO, stated, "Drawing upon our extensive experience in sulfur control and oil and gas processing, we offer refiners cost-effective and reliable solutions for clean fuels production. We are pleased to continue our association with this valued customer as a key supplier for their clean fuels projects."

CB&I is one of the world's leading engineering, procurement and construction (EPC) companies, specializing in lump-sum turnkey projects for customers that produce, process, store and distribute the world's natural resources. With more than 60 locations and approximately 11,000 employees throughout the world, CB&I capitalizes on its global expertise and local knowledge to safely and reliably deliver projects virtually anywhere. Information about CB&I is available at www.CBI.com.