Wednesday, April 02, 2008

Lummus Technology Heat exchangers selected by Essar Oil

The Woodlands, Texas (BUSINESS WIRE) - Lummus Technology, a CB&I company (NYSE:CBI), has announced that Essar Oil Limited (EOL) has purchased 50 HELIXCHANGER heat exchangers, which are based on Lummus proprietary technology, to be utilized in the expansion of crude and vacuum units and the delayed coking unit at Essar's refinery in Jamnagar, Gujarat in India. The heat exchangers will be fabricated and supplied by a licensee of Lummus Technology. Essar Oil is expanding its refinery capacity from 21,000 barrels per day to 680,000 barrels per day in the next three years.

The HELIXCHANGER heat exchanger has increasingly become a preferred choice by end-users globally due to technology that helps reduce total costs during the life cycle of the project. HELIXCHANGER heat exchangers are used in plant upgrades to achieve higher capacity and longer run-lengths, as well as in new installations to reduce surface area, resulting in cost savings.

About CB&I

CB&I combines proven process technology from its Lummus Technology business, 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 www.CBI.com.

CB&I
Media: Jan Sieving, +1 832 513 1111
or Analysts: Marty Spake, +1 832 513 1245

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