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Operational Highlights

Steel Plate

Structures

 

The global market for Steel Plate Structures remains strong. New clean-fuel regulations worldwide have resulted in more blended products and specialty fuels. This in turn is driving demand for aboveground storage tanks because the refined products are generally stored in separate tanks before blending. Growth in the petrochemical and oil&gas industries is also fueling demand. In addition, in the U.S., the impact from Hurricanes Katrina and Rita emphasized the need to build fuel storage systems away from the Gulf of Mexico. Together these factors, along with ongoing demand for municipal water storage tanks, has generated steady growth in new awards in 2007, which we anticipate will continue through 2008.

 

In mid-2007, CB&I completed the construction of an ethanol dehydration plant on the southern coast of Jamaica. The new facility, which has a 14 million gallon storage capacity, enables Jamaica Broilers Group to produce fuel grade ethanol for export to the growing market for this product in the USA, Canada and Central America.