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Stock Market & Financial Investment News

News Breaks
June 19, 2014
08:06 EDTCBI, AESChicago Bridge & Iron awarded $500M power station contract by AES Corp.
CB&I (CBI) has been awarded a contract by AES (AES) subsidiary Indianapolis Power & Light Company valued at more than $500M for the engineering, procurement and construction of a combined-cycle gas turbine power station near Martinsville, Indiana.
News For CBI;AES From The Last 14 Days
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October 15, 2014
08:09 EDTCBIExelon, Chicago Bridge & Iron and 8 Rivers partner for demonstration plant
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October 14, 2014
08:05 EDTCBICB&I announces gasification technology award in China
CB&I announced it has been awarded a contract by Shandong Sincier Petrochemical for the license and engineering design of a gasification unit to be built near Dongying, Shandong Province, China. The unit will utilize CB&I's proprietary E-GasPlus technology for a three-train facility to produce syngas for hydrogen, fuel gas and power. This plant will have the capability of operating on coal and petroleum coke, or a combination of these fuels with a liquid or solid residue from an upstream hydrocracking unit. This will be in addition to six other process units licensed earlier by Sincier using CB&I's technology to produce octane boosting, clean gasoline blendstocks, residue upgrading and petrochemicals production.
October 13, 2014
06:07 EDTAESAES Corp. to sell 100% of its interents in Turkey for $125M
AES Corporation has entered into an agreement to sell its 49.62% equity interest in AES Entek Elektrik ‹retimi A.Ş., a joint venture with KO« Holding and Aygaz in Turkey, to its partners. The sale represents 100% of AESí interest in assets in Turkey, consisting of 364 MW of operating natural gas and hydroelectric facilities and its interest in a coal-fired development project, for $125M in equity proceeds to AES. This transaction is expected to close by 1Q15.
October 10, 2014
10:49 EDTAESHigh option volume stocks
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October 9, 2014
08:04 EDTCBIChicago Bridge & Iron awarded polypropylene contract in China
CB&I has been awarded a contract by Shenhua Ningxia Coal Industry Group Co. for the license and engineering design of a polypropylene unit to be built in Lingwu, Yinchuan City, Ningxia, People's Republic of China. The unit will use CB&I's Novolen technology to produce 600,000 metric tons per annum of polypropylene.
08:03 EDTCBICBI joint venture with Chevron wins technology award in Bahrain
Chicago Bridge & Iron (CBI) and Chevron's (CVX) joint venture Chevron Lummus Global has been awarded a contract in excess of $100M by Bahrain Petroleum Co. The scope of work includes the license of its LC-Fining and Isocracking technologies and engineering design packages for the new residue hydrocracking and vacuum gasoil hydrocracking units for the Bapco Modernization Program.

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