This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

KBR’s ROSE® Technology Is A Win For Japan’s Top Oil Refiner

KBR (NYSE: KBR), a world-leading provider of refinery technologies, announced today that JX Nippon Oil and Energy Corporation (JX Corp) has again selected KBR’s ROSE® technology for the Kashima refinery expansion project in Japan. This award marks the second ROSE ® unit for JX Corp.

KBR will supply the technology licensor basic engineering package in support of the Kashima refinery’s aggressive schedule of completing construction by the end of 2015. The technology is expected to significantly enhance the profitability of the refinery.

The ROSE ® technology will make it possible to separate large amounts of deasphalted oil (DAO) from residue feed. DAO from the ROSE ® units contain the lowest possible quantities of asphaltene which help in reducing catalyst consumption and will improve performance of the downstream hydroprocessing units.

“KBR is pleased that our world-leading ROSE ® technology has again been selected by JX Corp for its Kashima refinery after successful experience with ROSE ® at the Mizushma refinery,” said John Derbyshire, President, KBR Technology. “I am confident that our technology design will deliver greater production capacity, enhance profitability of the refinery and enable JX Corp to achieve its strategic business objectives.”

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



Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs