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CB&I announces storage award for Philippines expansion project
CB&I has been awarded a contract valued at approximately US$70 million by JG Summit Petrochemical Corporation (JGSPC) for the Stage 1 Expansion project in Batangas City, Philippines.
CB&I’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 has a long-standing relationship with JGSPC and more than 45 years of experience in the Philippines,” said Richard Heo, CB&I’s Executive Vice President of Fabrication Services.
“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.”