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Chemical Week Magazine :: Top of the Week

E&C Firm Buys ABB’s Lummus Global for $950 Million

12:58 PM MDT | September 11, 2007 | Esther D’Amic

ABB has agreed to sell Lummus Global, its process technology and engineering and construction (E&C) firm, to Chicago Bridge & Iron (CB&I; the Woodlands, TX), an E&C firm serving petchem and other industries, for $950 million. The long-awaited...

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