Essar Awards $45 Million Licensing Deal to Lummus for Proposed Petrochemicals Complex

BANGALORE, INDIA--September 17, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Essar Gujarat Petrochemicals Limited (Jamnagar, Gujarat) recently signed a $45 million licensing deal with Lummus Technology, the process technology arm of Chicago Bridge & Iron (NYSE:CBI) (Amsterdam, The Netherlands), to license the latter's technology and engineering expertise at Essar's proposed grassroot petrochemicals complex in Vadinar, Gujarat.