CB&I has won a $300 million contract from Williams Olefins for a petrochemicals expansion project in Geismar, Louisiana, the Texas-based engineering company said Monday.
It said the work includes "the license and basic engineering for the ethylene technology, the supply of the cracking furnaces, and the detailed engineering, procurement, and construction of the expansion project."
It said that the work will increase the plant's capacity to 1.95 billion pounds/year (around 885,000 mt/year) from 1.35 billion lb/year.
Williams' board of directors last September approved an expansion of the Geismar olefins plant, as the company aims to tap into the wave of inexpensive feedstocks from the US' shale gas reserves.
The expansion project is expected to be completed by the third quarter of 2013, Williams said in September.
