CB&I awarded $70m storage expansion contract
CB&I has been awarded a $70m contract for the Stage 1 Expansion Project of JG Summit Petrochemical Corporation (JGSPC) storage facilities in Batangas City, Philippines.
The infrastructure and technology provider’s scope of work includes the engineering, fabrication and construction of ten traditional field erected storage tanks, one double-wall liquefied petroleum gas storage tank and three spheres. Additional scope of work includes technical evaluation to service multiple tanks on the project.
“CB&I previously provided a technology license, basic engineering package and heater supply to the project. This award underlines JGSPC’s confidence in CB&I’s vertically integrated capabilities and further strengthens our presence in the region,” said Richard Heo, CB&I’s Executive Vice President of Fabrication Services.
JGSPC is the first and largest integrated polyethylene (PE) and polypropylene (PP) resin manufacturer in the Philippines. It has three polymer plants with total nameplate capacities of 510,000 metric tonnes per year – 160,000 metric tonnes per year for each of its two PE plants and 190,000 metric tonnes per year for its PP plant.
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6th Mar 2018