KBR (NYSE: KBR) announced today it has been awarded a dual-pressure nitric acid technology contract by Hanwha Corp. for its new plant at Yeosu, South Korea.
Under the terms of the contract, KBR will provide license, basic engineering design, and technical support to Hanwha for a 1,200 metric tons per day dual pressure nitric acid plant. Nitric acid is an intermediate chemical for the production of various products including fertilizers, plastics, and dyes.
"KBR is proud to be selected by Hanwha to deliver our leading dual-pressure nitric acid technology that offers tangible CAPEX and OPEX benefits including reduced net energy consumption through efficient energy recovery,This contract highlights KBR's continued commitment to bringing energy-efficient sustainable technologies to the industry."
-Doug Kelly, KBR President, Technology.
Since 1954, KBR has licensed 76 grassroot nitric acid plants globally and is the No. 1 technology in the demanding US market.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 29,000 people worldwide with customers in more than 80 countries and operations in 40 countries.KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.