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TheStreet Open House

KBR Awarded Ammonia Technology License Agreement By Indorama Eleme Fertilizer & Chemicals Limited

Stock quotes in this article: KBR

KBR (NYSE: KBR) announced today that Indorama Eleme Fertilizer & Chemicals Limited (“Indorama”) has selected KBR to provide ammonia technology for its planned grassroots ammonia plant in Port Harcourt, Nigeria.

KBR will license its ammonia technology to Indorama to operate a 2300 MTPD ammonia plant based on KBR’s leading Purifier technology. Indorama’s selection of KBR’s Purifier Technology was based on several factors including the highest demonstrated plant run lengths and the lowest energy consumption.

“We are very proud that Indorama has selected KBR for this world-scale fertilizer complex in Nigeria,” said John Derbyshire, President KBR Technology. “Africa is considered one of the largest emerging markets for the fertilizer business and it is a great source of pride for us to be associated with one of the world’s most dynamic companies for this breakthrough project.”

“Indorama has a long-standing relationship with KBR,” said Manish Mundra, Managing Director Indorama Nigeria. “As the licensor for Indorama’s ethylene plant in Port Harcourt, KBR has delivered strong value to Indorama’s existing operations and we are confident our selection of the Purifier technology will provide us with the world’s leading ammonia technology for this next phase of our company’s growth.”

KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets. For more information, visit www.kbr.com.

Copyright Business Wire 2010

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