HOUSTON, Dec. 17, 2018 /PRNewswire/ -- KBR, Inc. (NYSE:
KBR) announced today that it has developed a new Propane Dehydrogenation (PDH) technology (K-PRO™) that offers high
propylene selectivity and conversion. This technology is based on KBR's catalytic olefins technology (K-COT™) which
is a commercially proven fluidized-bed technology for converting low-value olefinic, paraffinic or mixed streams into high-value
propylene and ethylene.
K-PRO™ delivers significant capital cost and operating cost advantages when compared with conventional designs.
This arises from its fluidized-bed design which delivers reliable operation and high on-stream factors when compared with fixed
or moving bed reactors.
K-PRO™ technology combines the know-how and experience of K-COT™ with a novel high selectivity,
low-cost, dehydrogenation catalyst that does not require precious metals. Plants based on this new technology will be designed as
stand-alone propylene production units independent of a steam cracker or a FCC unit. Additionally, existing PDH operating units
can be easily modified to benefit from the superior process performance and lower operating cost.
"K-PRO™ is a further evolution and extension of KBR's pioneering work in catalytic cracking process technology,"
said John Derbyshire, KBR President, Technology. "The CAPEX savings for K-PRO™ over
other commercially available technologies is in the range 20-30% based on our internal studies. In addition the FCC-based design
will deliver higher on-stream factors and much better energy efficiency when compared with existing designs. Our clients have
every reason to be excited about this newest addition to our olefins technology portfolio."
KBR has over 70 years of experience in olefins plant design and construction. KBR's K-COT™ technology
is extremely flexible in terms of feed and products and its versatility can enhance economic performance of steam crackers in a
number of ways KBR's SCORE™ is a versatile, high yield and low CAPEX steam cracking technology which can be designed
for feedstock ranging from ethane to heavy gas oils. With the addition of new PDH technology to its offerings, KBR is positioned
better than ever to address all its clients' needs for olefin technology solutions.
About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle
within the Government Services and Hydrocarbons sectors. KBR employs approximately 34,000 people worldwide (including our joint
ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global
businesses:
- Government Services, serving government customers globally, including capabilities that cover the full lifecycle of
defense, space, aviation and other government programs and missions from research and development, through systems engineering,
test and evaluation, program management, to operations, maintenance, and field logistics
- Technology, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and
natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining and gasification
- Hydrocarbons Services, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining;
petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services);
offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management
and consulting services
KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery
and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We
Deliver.
Visit www.kbr.com
Forward Looking Statement
The statements in this press release that are not historical statements, including statements regarding future financial
performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to
numerous risks and uncertainties, 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 and uncertainties include, but are not limited
to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and
legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such
proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the
company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts;
structural changes in the industries in which the company operates; escalating costs associated with and the performance of
fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes
with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property
rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws
related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign
exchange rates and controls; the development and installation of financial systems; increased competition for employees; the
ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are
not controlled by the company.
KBR'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 discuss some of the important risk factors that KBR has identified that may affect the business,
results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update
publicly any forward-looking statements for any reason.
View original content to download multimedia:http://www.prnewswire.com/news-releases/kbr-announces-a-new-propane-dehydrogenation-technology-300767184.html
SOURCE KBR, Inc.