CB&I Wins Award for Oil Sands Upgrader Expansion Project.Business/Energy Editors THE WOODLANDS, Texas--(BUSINESS WIRE)--Sept. 4, 2001 Horton CBI CBI abbr. cumulative book index CBI Confederation of British Industry CBI n abbr (= Confederation of British Industry) → C.E.O.E. , Ltd., a subsidiary of Chicago Bridge & Iron Company N.V. (NYSE NYSE See: New York Stock Exchange :CBI), has been awarded a contract valued in excess of US$40 million by Syncrude Canada Ltd. The award is part of Syncrude's US$2.4 billion UE-1 (Upgrader Expansion 1) project designed to increase the production of synthetic crude oil from the Athabasca oil sands The Athabasca Oil Sands are a large deposit of oil-rich bitumen located in northern Alberta, Canada. These oil sands consist of a mixture of crude bitumen (a semi-solid form of crude oil), silica sand, clay minerals, and water. located in the province of Alberta, Canada. Horton CBI's work scope involves the design, supply, erection and precommissioning of the coker reactor and burner area at Syncrude's Mildred Lake Upgrader, including the supply of pressure vessels and construction management of the structural steel and piping in the coker area. Horton CBI's portion of the project is scheduled for completion by October 2003. In addition, under a previously awarded contract, Horton CBI is supplying a Primary Separation Vessel in conjunction with the expansion of Syncrude's Aurora oil sands extraction mine. This unique vessel, one of the largest of its kind, uses a low energy extraction process to separate bitumen bitumen (bĭty `mən) a generic term referring to flammable, brown or black mixtures of tarlike hydrocarbons, derived naturally or by distillation from petroleum. from the sand. "We are pleased to continue our association with Syncrude and its owners in this major capital expansion program," said Gerald Glenn, CB&I's chairman, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "CB&I has been operating in Canada for more than 85 years, and we are confident our experience will contribute to the safe and on-time completion of this important project." Chicago Bridge & Iron Company N.V. is a global engineering and construction company specializing in the design and engineering, fabrication fabrication (fab´rikā´sh n the construction or making of a restoration. , field erection and repair of bulk liquid terminals, storage tanks, process vessels, refrigerated re·frig·er·ate tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates 1. To cool or chill (a substance). 2. To preserve (food) by chilling. storage and process systems, water storage and wastewater treatment facilities, and other steel plate structures and their associated systems. Howe-Baker International, L.L.C., a CB&I subsidiary, is a globally recognized technology company specializing in the engineering and construction of hydrocarbon processing plants for customers in the refining, petrochemical and natural gas industries. Information about CB&I is available on the Internet at www.chicagobridge.com. |
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