HOUSTON, Oct. 3, 2023 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a multi-year service contract by Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) for the development of their enterprise-level Smart Factory project. This transformative contract will cover the operations of their four nitric acid plants located in Dahej and Taloja, India.
Under the terms of the contract, KBR will design and deploy real-time monitoring and diagnostics, first-principles modeling, artificial intelligence and machine learning, and advanced process control to optimize plant operations. These advanced digital solutions will deliver proactive decision support and automation, driving DFPCL's plant operations towards top quartile performance, improve energy efficiency and enhance value from existing assets.
"We are pleased to collaborate with DFPCL in the execution of their Smart Factory project. It is a testament to the strength and value of KBR's digital offering, underpinned by decades of industry and domain expertise," said Jay Ibrahim, KBR President, Sustainable Technology Solutions. "This project will fully leverage the combined skillset of both companies and our shared strategic vision and commitment towards creating an environmentally friendly, low-carbon intensity process and a sustainable future."
KBR's operations and maintenance know-how, combined with state-of-the-art digital technologies, offer a holistic portfolio of solutions that enable companies to improve operational performance.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 33,000 people performing diverse, complex, and mission-critical roles in 33 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 future objectives and performance, 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.
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SOURCE KBR, Inc.
