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CB&I wins $365 million contract for Lotte’s MEG plant in Lake Charles
HOUSTON, December 21, 2015 (PCW) -– CB&I announced Monday it has been awarded a $365 million contract by Lotte Chemical to construct its monoethylene glycal facility in Lake Charles.
The MEG plant will be located adjacent to the joint-venture ethane cracker between Lotte and Axiall.
Last week, CB&I said it won a $1.3 billlion contract to provide engineering, procurement, fabrication and construction for the 1 million mt/yr (2.2 billion lb/yr) cracker.
The cracker has an expected in-service date of 2019. – Samantha Hartke