KBR, Inc. (NYSE: KBR) announced today that it has been awarded a new contract for proprietary equipment and has also restarted work under the contract awarded by Tecnimont S.p.A. (part of Maire Tecnimont Group) previously announced in December 2011 for the License and Basic Engineering Design (BED) of a new ammonia plant to be built by Chemical Industries Holding Co. (Kima) in Aswan, Egypt.
KBR is providing Tecnimont with post-BED support and proprietary equipment for Kima’s new plant. The plant is being built on a fast-track basis and will support regional development plans in Aswan as well as Egypt’s drive to build modern fertilizer complexes. The project is expected to reach provisional acceptance in 34 months.
“KBR’s ammonia process is a benchmark in the industry as is evidenced by our global installed base,” said John Derbyshire, President, KBR Technology & Consulting. “We are honored that Kima has selected KBR. We look forward to working closely with our EPC partner Tecnimont to deliver a world-class ammonia plant to Kima.”
Since 1943, KBR has licensed more than 230 ammonia plants, pioneered large-scale ammonia facilities and introduced numerous commercially successful ammonia process technologies.
Revenue associated with this project is undisclosed and the new contract will be booked into backlog of unfilled orders for KBR’s Technology & Consulting Business Segment in Q1 of 2016.
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