ERJ staff report (DS)
Antwerp, Belgium - BASF has awarded a contract to CB&I for the engineering, procurement and construction management of a new butadiene extraction plant in Antwerp, Belgium. CB&I said the award builds on CB&I's existing relationship with BASF as licensor of its butadiene technology
The contract, which is valued in excess of US$50 million, is an essential part of the total BASF investment amount, which will be in the high double-digit million euro range. The plant is scheduled to start up during 2014.
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Press release from CB&I