CB&I is executing the project on a lump-sum turnkey basis, including engineering, procurement and field erection. The plant will utilize a combustion air preheat design and the Company's proprietary HYFORMING(TM) steam methane box reformer technology, which provides superior process performance and proven reliability within a robust mechanical design. Engineering has already begun on this second quarter booking, and mechanical completion is scheduled for summer 2006. Through an alliance with Air Liquide America, which was formed to design and build all hydrogen and synthesis gas plants supplied by Air Liquide in the Americas, the Company has executed more than 10 hydrogen plants in recent years.

CB&I is one of the world's leading engineering, procurement and construction (EPC) companies, specializing in lump-sum turnkey projects for customers that produce, process, store and distribute the world's natural resources. With more than 60 locations and approximately 10,000 employees throughout the world, CB&I capitalizes on its global expertise and local knowledge to safely and reliably deliver projects virtually anywhere. Information about CB&I is available at www.CBI.com.