KBR (NYSE: KBR) announced it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China.
Under the terms of the contract, KBR will provide exclusive engineering design and technology licenses for the 250 KTA phenol plant at SABIC's Fujian Petrochemical Complex. The final investment decision for this project was announced in January 2024 and completion is expected in FY 2026. KBR's phenol technology offers a sustainable and differentiated solution through reduced energy consumption and improve productivity.
“We are delighted to provide our industry-leading phenol technology to Fujian SABIC for this ambitious project in China,” said Jay Ibrahim, president, KBR Sustainable Technology Solutions. “KBR's market-leading phenol technology increases customers' competitive advantages and advances their sustainability goals through superior performance, reliability, efficiency and wastewater recovery performance. ”
KBR is a global technology licensor and has provided leading phenol technology for more than six decades, completing more than 50 phenol projects worldwide.
Note: The content of this press release has not been edited by Fiber2Fashion staff.
KBR signs a contract with SABIC Fujian Petrochemicals to license phenol technology in China. The agreement includes technology licensing and engineering design for the 250 KTA phenol plant at SABIC's Fujian Petrochemical Complex. Scheduled for completion in fiscal 2026, the project emphasizes sustainability with reduced energy consumption and improved productivity.
Fiber2 Fashion News Desk (HU)
