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November 17, 2017

Investors

CB&I's AlkyClean Technology Wins Kirkpatrick Chemical Engineering Award

11/02/2017

THE WOODLANDS, Texas, Nov. 2, 2017 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded the 44th Kirkpatrick Chemical Engineering Achievement Award for its AlkyClean® process technology, a solid acid catalyst alkylation technology jointly developed by CB&I, Albemarle and Neste Oil. 

SeckLeong Lee of Albemarle and Jo Portela of CB&I accept the Kirkpatrick Chemical Engineering Award at a ceremony in New York City.

Chemical Engineering has presented the biennial Kirkpatrick Award continuously since 1933. The award honors the most noteworthy chemical engineering technology that has been commercialized anywhere in the world during the two previous years. The board of judges for this year's award included five heads of chemical engineering departments from U.S. universities and two heads of chemical engineering from E.U. universities. The awards were presented at a dinner in New York City on November 1, 2017.

CB&I's AlkyClean technology eliminates the use of liquid acids for the production of motor fuel alkylate, and thus eliminates the hazards and operating issues associated with handling liquid acids. The world's first solid catalyst alkylation process was commercialized with this catalyst and process.

"CB&I is proud to be recognized with the Kirkpatrick Chemical Engineering Achievement Award for our AlkyClean technology," said Patrick K. Mullen, CB&I's President and Chief Executive Officer. "We are committed to providing innovative solutions for our customers, while helping them make a positive impact on the environment and meet more stringent global energy regulations."

CB&I received the Presidential Green Chemistry Challenge Award from the U.S. Environmental Protection Agency for its AlkyClean technology in 2016.

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.

Important Information For Investors And Shareholders

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements regarding CB&I and represents our expectations and beliefs concerning future events. These forward-looking statements are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties. When considering any statements that are predictive in nature, depend upon or refer to future events or conditions, or use or contain words, terms, phrases or expressions such as "achieve," "forecast," "plan," "propose," "strategy," "envision," "hope," "will," "continue," "potential," "expect," "believe," "anticipate," "project," "estimate," "predict," "intend," "should," "could," "may," "might" or similar forward-looking statements, we refer you to the cautionary statements concerning risk factors and "Forward-Looking Statements" described under "Risk Factors" in Item 1A of our Annual Report filed on Form 10-K filed with the SEC for the year ended December 31, 2016, and any updates to those risk factors or "Forward-Looking Statements" included in our subsequent Quarterly Reports on Form 10-Q filed with the SEC, which cautionary statements are incorporated herein by reference.

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

 

For more information, visit  www.cbi.com (http:// www.cbi.com ). (PRNewsFoto/CB&I)

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SOURCE CB&I

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NYSE: CBI 15.46
Change: +0.10 +0.65% )
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