KBR’s Ammonia Cracking Technology Selected by Hanwha for a Hydrogen Project in Korea
KBR (NYSE: KBR) has secured a second ammonia cracking technology contract from Hanwha Impact for their clean power generation facility in Korea. The contract includes technology licensing, proprietary engineering design, equipment, and services for a 214 metric tons per day hydrogen facility.
The project will implement KBR's proprietary H2ACT® ammonia cracking technology to produce clean hydrogen, supporting Korea's decarbonization initiatives. This technology builds upon KBR's established ammonia technology expertise, which has been implemented in over 260 grassroots plants since 1944.
KBR (NYSE: KBR) ha ottenuto un secondo contratto per la tecnologia di cracking dell'ammoniaca da parte di Hanwha Impact per il loro impianto di generazione di energia pulita in Corea. Il contratto comprende la concessione della licenza tecnologica, la progettazione ingegneristica proprietaria, le attrezzature e i servizi per una struttura per la produzione di idrogeno da 214 tonnellate metriche al giorno.
Il progetto utilizzerà la tecnologia proprietaria di cracking dell'ammoniaca H2ACT® di KBR per produrre idrogeno pulito, supportando le iniziative di decarbonizzazione della Corea. Questa tecnologia si basa sull’esperienza consolidata di KBR nel campo dell’ammoniaca, applicata in oltre 260 impianti di nuova costruzione dal 1944.
KBR (NYSE: KBR) ha asegurado un segundo contrato para la tecnología de craqueo de amoníaco con Hanwha Impact para su planta de generación de energía limpia en Corea. El contrato incluye la licencia tecnológica, diseño de ingeniería propietario, equipos y servicios para una instalación de hidrógeno de 214 toneladas métricas por día.
El proyecto implementará la tecnología propietaria de craqueo de amoníaco H2ACT® de KBR para producir hidrógeno limpio, apoyando las iniciativas de descarbonización de Corea. Esta tecnología se basa en la experiencia consolidada de KBR en tecnología de amoníaco, aplicada en más de 260 plantas nuevas desde 1944.
KBR (NYSE: KBR)는 한국의 청정 발전 시설을 위해 Hanwha Impact로부터 두 번째 암모니아 크래킹 기술 계약을 확보했습니다. 이 계약에는 기술 라이선스, 독점 엔지니어링 설계, 장비 및 일일 214미터톤 수소 생산 시설에 대한 서비스가 포함됩니다.
이 프로젝트는 KBR의 독점 암모니아 크래킹 기술인 H2ACT®를 적용하여 청정 수소를 생산하며, 한국의 탈탄소화 정책을 지원합니다. 이 기술은 1944년 이후 260개 이상의 신규 암모니아 플랜트에 적용된 KBR의 축적된 암모니아 기술 전문성을 기반으로 합니다.
KBR (NYSE: KBR) a obtenu un deuxième contrat de technologie de craquage de l'ammoniac de la part de Hanwha Impact pour leur installation de production d'énergie propre en Corée. Le contrat comprend la licence technologique, la conception d'ingénierie propriétaire, l'équipement et les services pour une installation d'hydrogène de 214 tonnes métriques par jour.
Le projet mettra en œuvre la technologie propriétaire de craquage de l'ammoniac H2ACT® de KBR pour produire de l'hydrogène propre, soutenant ainsi les initiatives de décarbonation de la Corée. Cette technologie s'appuie sur l'expertise établie de KBR en technologie de l'ammoniac, appliquée dans plus de 260 usines construites depuis 1944.
KBR (NYSE: KBR) hat von Hanwha Impact einen zweiten Vertrag für Ammoniak-Cracking-Technologie für deren saubere Energieerzeugungsanlage in Korea erhalten. Der Vertrag umfasst Technologielizenzierung, proprietäres Engineering-Design, Ausrüstung und Dienstleistungen für eine Wasserstoffanlage mit 214 metrischen Tonnen pro Tag.
Das Projekt wird KBRs proprietäre H2ACT®-Ammoniak-Cracking-Technologie einsetzen, um sauberen Wasserstoff zu produzieren und so die Dekarbonisierungsinitiativen Koreas zu unterstützen. Diese Technologie baut auf KBRs bewährter Ammoniak-Technologieexpertise auf, die seit 1944 in über 260 Neuanlagen umgesetzt wurde.
- Secured second contract with Hanwha Impact , demonstrating strong client relationship and technology validation
- Project supports expansion in clean hydrogen market with 214 metric tons per day facility
- Leverages established market leadership with technology implemented in over 260 plants
- Contract includes multiple revenue streams: licensing, engineering design, equipment, and services
- None.
HOUSTON, April 15, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that it has been awarded a second ammonia cracking technology contract by Hanwha Impact Corporation for its clean power generation facility in Korea.
Under the terms of the agreement, KBR will provide technology licensing, proprietary engineering design and equipment, and services for a 214 metric tons per day hydrogen facility. The plant will utilize KBR’s proprietary H2ACT® ammonia cracking technology to produce clean hydrogen and contribute to Korea’s decarbonization goals.
“We are grateful for the trust Hanwa has placed in KBR to support their growth plans,” said Jay Ibrahim, President, KBR Sustainable Technology Solutions. “KBR’s innovative H2ACT technology was previously selected by Hanwha for large-scale, sustainable hydrogen production and this new award utilizes a design intended to further enhance the cost-efficiency of the project.”
KBR’s ammonia technology has been used in more than 260 grassroots plants since 1944 and has maintained its leadership by seeking to optimize energy efficiency and minimize CO2 emissions. KBR’s H2ACT® ammonia cracking technology builds on that legacy, offering a design aimed at delivering an efficient and reliable clean hydrogen solution.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 38,000 people worldwide with customers in more than 80 countries and operations in over 29 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.
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Forward Looking Statements
The statements in this press release that are not historical statements, including statements regarding project performance and future demand for the company’s technology, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties, and assumptions, many of which are beyond the company’s control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties, and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
For further information, please contact:
Investors
Jamie DuBray
Vice President, Investor Relations
713-753-5082
Investors@kbr.com
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Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
MediaRelations@kbr.com
FAQ
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