CB & amp; I is a large engineering, procurement and construction (EPC) company with administrative headquarters in The Woodlands, Texas. CB & I specialize in projects for oil and gas companies. According to one of the founding heirs, "The old joke is Chicago Bridge & Iron is not in Chicago, does not build bridges and does not use iron." CB & amp; I employ more than 32,000 people worldwide.
In May 2018 the company merged into McDermott International.
Video Chicago Bridge & Iron Company
Histori
CB & amp; I was founded in 1889 by Horace E. Horton in Chicago, Illinois, USA. Although initially involved in bridge design and construction, CB & amp; I shifted its focus to bulk liquid storage in the late 19th and early 20th centuries, coinciding with the expansion of railroads in the United States and the discovery of oil in the Southwest. CB & amp; I quickly became famous for the engineering design and field construction of high water storage tanks, ground tanks for oil storage and refined products, refinery vessels and other steel plate structures. Thus, CB & amp; I support the expansion of oil exploration outside the US, started operations in South America in 1924, in Asia two years later and in the Middle East in 1939.
During World War II, CB & amp; I was chosen to build Landing Ship Tanks (LSTs), which bring troops and supplies to US and Allied forces fighting in Europe and the Pacific theater. CB & amp; I was chosen for their reputation and skill, especially welding. Since coastal ships are busy building large ships for war effort, such as aircraft carriers, warships, cruisers and destroyers, there is no alternative but to use inland waterways and shipyards for smaller ship production. As a result of this and other wartime production activities, CB & amp; I ranked 92th among US companies in the contract value of World War II military production.
CB & amp; I have been involved in a number of changes over the past two decades. It was acquired by Praxair in 1996; Praxair has a chemical subsidiary and spun CB & amp; I as a company established by the Dutch in the following year. CB & my headquarters moved from Chicago to Houston, Texas in 2001 and then to The Hague, The Netherlands when Texas imposed a franchise tax.
Since 2000, it has acquired a number of companies. In 2012, CB & amp; I agreed to buy The Shaw Group for approximately US $ 3 billion, completing the acquisition in February 2013.
Subsidiary formed as a result, CB & amp; I Stone Webster - The previous acquisition of The Shaw Group against Stone & amp; Webster during its bankruptcy - sold again, in January 2016, to Westinghouse Electric Co., for $ 229 million.
In May 2018 the company merged into McDermott International.
Maps Chicago Bridge & Iron Company
Company headquarters and leadership
The company headquarters is located in The Hague, The Netherlands. The administrative headquarters are in The Woodlands, Texas.
Historical structure
The company builds bridges and other historic works, including some listed on the National Register of Historic Places. These works include (with varying attribution):
CB & amp; I, â ⬠<â ⬠<2000-now
At the end of 2000, CB & amp; I started a series of acquisitions that have expanded its services to cover the entire hydrocarbon industry, from conceptual design through technology licensing, engineering and construction, to final commissioning and technical services. CB & amp; I acquired Lummus Global from ABB on November 19, 2007, adding about 3,000 employees to CB & amp; I payroll. CB & amp; I announce the acquisition of The Shaw Group in 2012, which adds pipe fabrication solutions, steel and modules as well as engineering and construction capabilities in power generation industries including fossils and nuclear construction. This transaction was completed on February 13, 2013. Company Press Release In 2015, CB & I announced that they sold their Nuclear Construction division to Westinghouse Electric Company, a subsidiary of Toshiba, for $ 229 million.
Starting July 2017, CB & amp; I is:
- Technology, which offers licensed process technology, catalysts, special equipment, and engineering products for use in petrochemical facilities, oil refineries and gas processing plants;
- Engineering & amp; Construction, which provides engineering, procurement, fabrication and construction of major energy infrastructure facilities;
- Fabrication Services, which offer fabrication capabilities for piping, structural steel, module manufacturing and assembly, as well as storage tanks and vessels for the oil and gas, water and wastewater industries, mining and power plants
Recent great projects
Examples of major projects recently around the world include:
In November 2004, CB & I was awarded a contract by one of the largest wind turbine suppliers in the world to create 150 tubular steel support towers for wind turbines installed in wind farms in the western United States. The tower supports a 1.5-megawatt wind turbine, which is the largest wind turbine assembled in the United States and the world's most sold and tested megawatt wind turbine. In April 2012, CB & I got a contract for a petrochemical expansion project in Geismar, Louisiana, including licenses and basic techniques for ethylene technology.
In 2012, CB & amp; I Technology (formerly Lummus Technology) was awarded a contract by major Indian Petrochemicals, Reliance Industries which is designed to provide paraxylene (PX) technology for aromatic complexes in India. The complex is one of the largest of its kind, having the capacity to make 2.2 MMTPA from Paraxylene. The complex begins in April 2017. With the commencement of this complex, Reliance is now the world's second largest producer of Paraxylene.
Controversy
CB & amp; I was disclosed as a customer of the British Consultation Association, exposed in 2009 for operating a black list of the illegal construction industry; CB & amp; I am one of 14 firms issued with enforcement notices by the UK Information Commission Office. A CB & amp; I consulted the blacklist more than 900 times in 2007 alone, a labor court in 2010 was notified.
References
External links
- Official website
Source of the article : Wikipedia