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Friday, 19 January 2018

CB&I inks joint development agreement with Saudi Aramco




Chicago Bridge & Iron Company (CBI) has entered into a joint development agreement with Saudi Aramco that includes Chevron Lummus Global (CLG), CB&I's joint venture with Chevron USA Inc, for the development, commercialization and marketing of innovative crude-to-chemical technologies.
Together, Saudi Aramco, CB&I and CLG will develop a unique integration of advanced technology processes for the production of high-value petrochemicals from crude oil. Specifically, CB&I's ethylene cracker technology and CLG's hydroprocessing technologies combined with Saudi Aramco's proprietary thermal crude to chemicals (TC2C) technology will provide the platform for this joint development.

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