Houston, TX /PRNewswire/ - KBR, Inc. (NYSE: KBR) today announced that it has been awarded a contract by Dorogobuzh JSC (owned by JSC ACRON) to provide licensing and basic engineering design (LBED) to revamp an ammonia plant – originally built by KBR – located in the Dorogobuzh, Smolensk region of Russia. Under the agreement KBR will supply its proprietary ammonia technology to increase plant capacity significantly to 2100 MTPD with improved efficiency.
KBR will utilize its industry leading revamp technology KRES™ (KBR Reforming Exchanger System) in conjunction with KBR's True Cold Wall Add-on Converter to achieve low project cost revamping to enable Dorogobuzh to produce low cost ammonia to meet increasing captive demand.
"The application of KRES™ in conjunction with KBR's reliable add-on ammonia converter provides low cost revamping to Dorogobuzh and numerous similar plants in the region," said John Derbyshire, President of KBR Technology & Consulting.
"We are pleased to contribute KBR's innovative technology solution for natural gas monetization in Russia," Derbyshire continued. "KBR is a leader in helping clients debottleneck their ammonia plants and achieve greater production capacities, process efficiencies and reliability."
KBR is a leader across the world in ammonia technology and has been involved in the licensing, design, engineering and/or construction of more than 230 ammonia plants worldwide.
Revenue associated with this project is undisclosed and was booked into backlog of unfilled orders for KBR's Technology & Consulting Business Segment in the second quarter of 2017.
About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services and Hydrocarbons sectors. KBR employs over 34,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:
Forward Looking Statement
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KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
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