Friday, CB&I (CBI) said that Petrochina Jilin Petrochemical Co. has awarded a contract to Lummus Technology, a unit of CB&I company, for the license and process design of a grassroots ethylbenzene and styrene monomer or EB/SM plant in Jilin, China. It has a design capacity of 320,000 metric tonnes of styrene monomer per annum and will utilize proprietary technologies provided by Lummus/UOP to minimize costs while providing exceptional reliability and product quality.
The company said that the plant, expected to start up in 2011, is the second EB/SM plant awarded to Lummus Technology by Jilin. Styrene is used to make products in the plastics and rubber industries including food containers, insulation and automobile parts.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.