BASF Wants $30M From Contractor Over Texas Plant Shutdown

Law360, New York (June 22, 2012, 5:03 PM ET) -- BASF Corp. on Thursday hit a Chicago Bridge & Iron Co. unit with a suit in Texas state court, claiming that the engineering company installed defective equipment at a major Port Arthur petrochemical complex that caused $30 million in damages and lost revenue.

The suit claims that Lummus Technology Inc. — hired by BASF to design and build the facility — installed an improperly designed Venturi flowmeter that “failed catastrophically,” causing $8.45 million in property damage and forcing the closure of the complex for 45 days...
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