The Shaw Group
| The Shaw Group | --- | Stone & Webster | --- | Badger Technologies | ||
| ＞ | Badger Licensing L.L.C. | |||||
| ExxonMobil Chemical |
The Shaw Group,
founded in 1987, has grown to become the world's only
vertically-integrated provider of complete piping systems, and
comprehensive engineering, procurement and construction services.
Shaw specializes in the power generation and process industries
along with the environmental and infrastructure sectors. Through
a prudent management strategy, The Shaw Group has grown in size
and ability, and has enhanced its comprehensive product and
service offerings to customers while expanding its industrial
marketplaces.
A dedication to safety and service, along with the provision of
quality products and workmanship are critical elements of a
philosophy leading the Company into the future.
Shaw employs over 20,000 people with facilities maintained in
North America, South America, Europe, the Middle East, and the
Asia-Pacific regions.
Shaw to Provide
Technology, Engineering and Procurement Services for Two New
Ethylene Plants in China
Stone & Webster, A Shaw Group Company, is one of the world's foremost engineering-construction companies. Founded in Boston in 1889 as an electrical testing laboratory and consulting firm, Stone & Webster has evolved into a global organization employing more than 5,000 people worldwide.
July 17, 2000 The Shaw Group Inc.
The Shaw Group Completes Acquisition of Assets of Stone & Webster
The Shaw Group Inc. ("Shaw" or "the Company") today announced that it has completed the acquisition of substantially all of the assets and the assumption of certain liabilities of Stone & Webster, Inc. ("S&W"). In a press release dated July 7, 2000, the Company stated that it was the successful bidder in an auction for the business of S&W, with a purchase price of approximately $38 million in cash and approximately 2.5 million shares of Shaw Common Stock. On July 13, 2000, a court order was signed under Chapter 11 of the U.S. Bankruptcy Code approving the transaction.
July 7, 2000 The Shaw
Group Inc.
The Shaw Group Wins Bid For Assets of Stone & Webster
Combination Creates Preeminent, Global Engineering Company With
Unique Integrated Capabilities
http://www.shawgrp.com/Press_Releases/2000/070700.cfm
The Shaw Group Inc. ("Shaw" or "the Company") today announced that it was the successful bidder in the auction for the business of Stone & Webster, Inc. ("S&W") in a proceeding under Chapter 11 of the U.S. Bankruptcy Code.
The combination of S&W's business, with its premier engineering capabilities and 110-year history, and Shaw's business, with its turnkey capabilities and extensive expertise in the worldwide piping industry, will create a unique, new model in the engineering and construction business.
The Shaw Group Inc. is the largest supplier of fabricated piping systems and services in the world, with unparalleled piping experience and expertise in the global power generation market.
Shaw
Announces Acquisition of Badger Technologies Unit From Washington Group International,
Inc.
http://www.shawgrp.com/Press_Releases/2003/042103a.cfm
The Shaw Group Inc. ("Shaw" or "the Company") today announced that its subsidiary, Stone & Webster, Inc., has acquired substantially all of the assets of the Badger Technologies unit from Washington Group International, Inc. for $17.7 million and the assumption of certain liabilities. Badger Technologies, previously part of Raytheon Engineers & Constructors, develops, licenses, and commercializes petrochemical and petroleum refining-related technologies. Most notably, the company licenses ethylbenzene and cumene technologies in cooperation with ExxonMobil Chemical Company, and styrene technology in cooperation with ATOFINA.
April 23, 2003 The Shaw
Group Inc.
Shaw Subsidiary, Stone & Webster, Inc. and ExxonMobil
Chemical Company Affiliate Form Joint Venture Company
http://www.shawgrp.com/Press_Releases/2003/042303.cfm
The Shaw Group Inc. ("Shaw" or "the Company"), announced today that its subsidiary, Stone & Webster, Inc. and an affiliate of ExxonMobil Chemical Company, a division of Exxon Mobil Corporation, have formed a joint venture company for licensing petrochemical technology products. This new 50/50 venture will operate under the name Badger Licensing L.L.C.
Badger Licensing will principally be engaged in marketing, licensing, and developing new and improved technologies for Ethylbenzene (EB), Cumene and their derivative products.