KBR Awarded First Commercial License for Vinyl Acetate Monomer Technology

HOUSTON, Nov. 18, 2019 /PRNewswire/ -- KBR (NYSE: KBR) has been awarded a contract for Vinyl Acetate Monomer (VAM) technology by Shenghong Refining Petrochemical (Lian Yun Gang) Co. Ltd., China. This is the first commercial VAM technology license secured under an alliance agreement between KBR and Showa Denko K.K. (SDK) to commercialize SDK's VAM technology.

Under the terms of the contract, KBR will provide License and Basic Engineering Design for a 300 KTA VAM unit to be constructed in Lianyungang, China, as part of an integrated refinery and petrochemical complex.

The KBR-SDK VAM technology is backed by more than 40 years of know-how accumulated through the safe and stable operation of SDK's ethylene based VAM unit at the Oita Petrochemical Complex in Japan.

"We are excited that Shenghong has selected KBR-SDK's VAM technology," said Doug Kelly, President, KBR Technology Solutions. "This award consolidates KBR's position as a licensor of specialty chemicals technologies and strengthens our relationship with a key partner in Shenghong."

KBR also provided its phenol/acetone technology to Shenghong in 2019.

KBR has more than 50 years of experience in providing technologies, flexible solutions and expertise that petrochemicals operators rely on to produce ethylene, propylene, acetyls, phenolics, vinyls and other specialty products from a variety of feedstocks, safely and efficiently.

About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Solutions and Energy sectors. KBR employs approximately 38,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:

  • Government Solutions, 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 Solutions, featuring proprietary technology, equipment, catalysts, digital solutions and related technical services for the monetization of hydrocarbons, including refining, petrochemicals, ammonia and specialty chemicals, as well as inorganics
  • Energy Solutions, 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.

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KBR, Inc.
CONTACT: For further information, please contact: Investors, Alison Vasquez, Vice President, Investor Relations, 713-753-5082, Investors@kbr.com; Media, Brenna Hapes, External Global Communications, 713-753-3800, Mediarelations@kbr.com
Web Site: http://www.kbr.com

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