HOUSTON, Oct. 13, 2021 /PRNewswire/ — KBR (NYSE: KBR) introduced right now it has been awarded a dual-pressure nitric acid know-how contract by Hanwha Corp. for its new plant at Yeosu, South Korea.
Below the phrases of the contract, KBR will present license, primary engineering design, and technical help to Hanwha for a 1,200 metric tons per day twin strain nitric acid plant. Nitric acid is an intermediate chemical for the manufacturing of assorted merchandise together with fertilizers, plastics, and dyes.
“KBR is proud to be chosen by Hanwha to ship our main dual-pressure nitric acid know-how that provides tangible CAPEX and OPEX advantages together with lowered internet vitality consumption by means of environment friendly vitality restoration,” stated Doug Kelly, KBR President, Know-how. “This contract highlights KBR’s continued dedication to bringing energy-efficient sustainable applied sciences to the trade.”
Since 1954, KBR has licensed 76 grassroot nitric acid vegetation globally and is the No. 1 know-how within the demanding US market.
We ship science, know-how and engineering options to governments and corporations around the globe. KBR employs roughly 29,000 folks worldwide with prospects in additional than 80 international locations and operations in 40 international locations.
KBR is proud to work with its prospects throughout the globe to supply know-how, value-added companies, and long- time period operations and upkeep companies to make sure constant supply with predictable outcomes. At KBR, We Ship.
Go to www.kbr.com
Ahead Wanting Assertion
The statements on this press launch that aren’t historic statements, together with statements concerning future monetary efficiency, are forward-looking statements throughout the that means of the federal securities legal guidelines. These statements are topic to quite a few dangers and uncertainties, lots of that are past the corporate’s management that might trigger precise outcomes to vary materially from the outcomes expressed or implied by the statements. These dangers and uncertainties embody, however should not restricted to: the numerous hostile impacts on financial and market situations of the COVID-19 pandemic and the corporate’s capacity to reply to the ensuing challenges and enterprise disruption; the latest dislocation of the worldwide vitality market;; the corporate’s capacity to handle its liquidity; the end result of and the publicity surrounding audits and investigations by home and overseas authorities companies and legislative our bodies; potential hostile proceedings by such companies and potential hostile outcomes and penalties from such proceedings; adjustments in capital spending by the corporate’s prospects; the corporate’s capacity to acquire contracts from present and new prospects and carry out below these contracts; structural adjustments within the industries wherein the corporate operates; escalating prices related to and the efficiency of fixed-fee tasks and the corporate’s capacity to regulate its value below its contracts; claims negotiations and contract disputes with the corporate’s prospects; adjustments within the demand for or worth of oil and/or pure fuel; safety of mental property rights; compliance with environmental legal guidelines; adjustments in authorities rules and regulatory necessities; compliance with legal guidelines associated to revenue taxes; unsettled political situations, struggle and the results of terrorism; overseas operations and overseas change charges and controls; the event and set up of economic techniques; the potential for cyber and malware assaults; elevated competitors for workers; the flexibility to efficiently full and combine acquisitions; and operations of joint ventures, together with joint ventures that aren’t managed by the corporate.
KBR’s most lately filed Annual Report on Type 10-Ok, any subsequent Type 10-Qs and 8-Ks, and different U.S. Securities and Trade Fee filings focus on among the necessary threat components that KBR has recognized that will have an effect on the enterprise, outcomes of operations and monetary situation. Besides as required by legislation, KBR undertakes no obligation to revise or replace publicly any forward-looking statements for any cause.
SOURCE KBR, Inc.