CB&I wins work on BASF Belgium butadiene project
8/14/2012 12:00:00 AM
CB&I was awarded a contract from BASF for the engineering, procurement and construction management of a new butadiene extraction plant in Antwerp, Belgium.
The contract, which is valued in excess of $50 million, is an essential part of the total BASF investment amount, which will be in the high double-digit million euro range, the companies said.
The plant is scheduled to start up during 2014.
This award builds on CB&I’s existing relationship with BASF as licensor of its butadiene technology, according to company officials.
Butadiene is a raw material that can be used to produce synthetic rubber, among other applications including paper chemicals and plastics production.
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