KBR wins Asia Pacific catalytic olefins contract


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Submitted by Paddy Harris on 2nd December 2014

02nd December 2014

KBR has won a contract by Lotte Chemical Titan to provide licensing and basic engineering design services to revamp an existing steam cracker plant in the Asia Pacific Region

KBR wins Asia Pacific catalytic olefins contract

KBR’s catalytic olefins technology is a proven technology for converting low-value olefinic, paraffinic or mixed streams into high-value propylene and ethylene

“KBR’s catalytic olefins technology is an innovative and competitive way clients in the region can improve their operations,” said Stuart Bradie, KBR president and CEO. “This contract demonstrates our increasing technology presence in the Asia-Pacific region.”

Under the terms of the contract, KBR will supply its catalytic olefins technology and basic engineering design services to increase the plant’s olefins production capacity and help diversify its feedstock.

KBR’s catalytic olefins technology is a proven technology for converting low-value olefinic, paraffinic or mixed streams into high-value propylene and ethylene.

Expected revenue from this contract was included in the third quarter backlog of unfilled orders for the Hydrocarbons segment.

The contract value was not disclosed.