Howe-Baker International Acquires TPA, Inc.

February 21, 2002 2:02 PM ET

Acquisition Enhances Capabilities in Sulfur Removal Process Units
TYLER, Texas -- Feb. 21, 2002 -- Howe-Baker International, L.L.C., a subsidiary of Chicago Bridge & Iron Company N.V.
(NYSE: CBI), has acquired the assets of TPA, Inc. of Richardson, Texas. The acquired business, which will now operate as TPA
Howe-Baker, Ltd., is a full-service EPC company specializing in sulfur removal and recovery technologies for the refining, gas
processing and chemical manufacturing industries. Terms of the acquisition were not disclosed.
TPA Howe-Baker's capabilities include analysis and consultation, environmental program management, process design licensing,
detailed engineering, procurement, fabrication, construction services and training. Its technical expertise includes amine treating,
sour water stripping, sulfur recovery (air and oxygen enhanced), Resulf tail gas treatment, and liquid sulfur degassing. More than
1,000 hydrocarbon-processing facilities located throughout the world use sulfur processing technologies designed by TPA Howe-
Baker.
The acquisition combines TPA's process know-how and design capabilities with Howe-Baker's skills and experience in
engineering, project management, plant modularization, fabrication and construction. "This acquisition significantly enhances
Howe-Baker's ability to offer refiners the most cost-effective process units for sulfur removal and recovery, and is consistent with
our stated strategy of expanding our services and products by leveraging our technical knowledge and project execution
capability," stated Howe-Baker International President and CEO James McAdory. David King, Vice President of Sales for
Howe-Baker International, added, "TPA Howe-Bakers sulfur recovery process provides a key step required for production of
low sulfur transportation fuels needed to meet future environmental standards."
Howe-Baker International, L.L.C. is a global technology company specializing in the engineering and construction of hydrocarbon
processing plants for customers in the refining, petrochemical and natural gas industries. Information about Howe-Baker is
available at www.howebaker.com.
CB&I is a global specialty engineering and construction company offering a complete package of design, engineering, fabrication,
construction and maintenance services. Our products include hydrocarbon processing plants, LNG terminals and peak shaving
plants, bulk liquid terminals, water storage and wastewater treatment facilities, and other steel structures and their associated
systems. Information about CB&I is available at www.chicagobridge.com.
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