CB&I Announces CDAlky Technology Award for Valero Refinery in Louisiana

THE WOODLANDS, Texas, Feb. 28, 2018 /PRNewswire/ -- CB&I (NYSE:CBI) today announced that its CDAlky^®  technology has been selected by Valero Refining – New Orleans LLC for its St. Charles Alkylation Project located in Norco, Louisiana. CB&I's overall scope of supply on the project includes CDAlky technology license, basic engineering and proprietary equipment. When it becomes operational in 2020, the new CDAlky unit will produce 25,000 BPD alkylate from FCC-derived olefin feedstocks.  

"CB&I and Valero have a long-standing, cooperative relationship," said Daniel M. McCarthy, CB&I's Executive Vice President of Technology. "We are proud to partner with Valero on this project, and we value the level of trust they have placed in our technology. Our CDAlky technology has continued to build upon a strong international record of success, and this first project in the United States will lead the way for future success in the Americas."

CB&I's CDAlky technology is an advanced low-temperature sulfuric acid alkylation process that produces a high-octane, premium gasoline blending component with less environmental impact, while also reducing overall maintenance and chemicals costs for refineries.

About CB&I
CB&I (NYSE:CBI) is a leading provider of technology and infrastructure for the energy industry. With more than 125 years of experience, CB&I provides reliable solutions to our customers around the world while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.CBI.com.

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Investors: Scott Lamb, +1 832 513 1068, Scott.Lamb@CBI.com
Media: Gentry Brann, +1 832 513 1031, Gentry.Brann@CBI.com

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SOURCE CB&I