CB&I Awarded Contract for Sulfur Processing Complex

THE WOODLANDS, Texas -- CB&I (NYSE:CBI) has been awarded a contract in excess of $100 million by a major North American refiner to design and build a sulfur processing complex. The company announced that the project was awarded in the second quarter of 2008 and is scheduled for completion in 2010.

CB&I has an established leadership position in sulfur technology. As refiners plan expansion projects to meet unprecedented market demand, CB&I’s proprietary sulfur technology provides solutions for meeting strict clean air requirements by eliminating 99.8% or more of the naturally occurring sulfur from the feed streams.

About CB&I
CB&I combines proven process technology with global capabilities in engineering, procurement and construction to deliver comprehensive solutions to customers in the energy and natural resource industries. With more than 70 proprietary licensed technologies and 1,500 patents and patent applications, CB&I is uniquely positioned to take projects from conceptual design, through technology licensing, engineering and construction and final commissioning. Drawing upon the global expertise and local knowledge of approximately 17,000 employees in more than 80 locations, CB&I safely and reliably executes projects worldwide. For more information, visit the company's Web site.