KBR Awarded Two Ammonia Plant Revamp Contracts by Acron Group, Russia
KBR announced it has secured contracts to revamp two ammonia plants for PJSC Acron Group in Novgorod, Russia. The revamp aims to increase production capacity by over 30%, reaching 2300 MTPD for each plant. KBR will provide process technology licenses, engineering design packages, and proprietary equipment that will enhance energy efficiency and lower greenhouse gas emissions. The completion of the first project is expected in 2023. KBR's ammonia technology is widely trusted, being used in around 50% of licensed global ammonia capacity.
- Contracts awarded for two ammonia plant revamps by Acron Group.
- Production capacity set to increase by over 30% to 2300 MTPD per plant.
- Utilization of KBR's KRES™ technology and Horizontal Ammonia Converter enhances energy efficiency.
- KBR has a strong reputation with around 50% of global ammonia capacity using its technology.
- Future performance is subject to risks such as economic conditions affected by COVID-19.
- Reliance on external factors, including market demand and price fluctuations in oil and gas.
HOUSTON, March 24, 2021 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded contracts for revamping two ammonia plants by PJSC Acron Group, Novgorod, Russia.
KBR will supply the process technology license, basic engineering design package, and proprietary equipment for the ammonia plants to increase production capacity by over
The key revamp measures will include KBR's KRES™ technology, KBR's Horizontal Ammonia Convertor, and other advanced features that enable KBR to increase output and overall energy efficiency as well as reduce greenhouse gas emissions per ton of ammonia. The completion of the first revamp project including commissioning and start-up is expected in 2023.
"The selection of our ammonia technology shows the trust and confidence leading producers like Acron have in KBR's energy-efficient and sustainable ammonia technology solutions," said Doug Kelly, KBR President, Technology. "KBR's revamp expertise and technology are valued for reducing energy consumption, increasing capacity, and improving reliability of older plants at lower investment."
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SOURCE KBR, Inc.
FAQ
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