KBR, Inc. (KBR) Reports License Agreement for Propane Dehydrogenation Project
Get Alerts KBR Hot Sheet
Join SI Premium – FREE
KBR, Inc. (NYSE: KBR) announced that it has signed a license agreement with JS Energy Limited for its proprietary K-PRO™ Propane Dehydrogenation (PDH) technology to convert propane into propylene for JS Energy's planned PDH project in Pakistan, which is expected to be commissioned in 2024.
Launched in 2019, K-PRO is positioned to revolutionize the PDH industry through its innovative and compact design resulting in inherently lower capital cost. Other key advantages are that unlike conventional PDH technologies, K-PRO's proprietary catalyst does not include expensive precious metals and pollutants, thereby delivering tangible environmental and operating cost benefits.
"We are excited to announce that JS Energy's K-PRO project is progressing further to meet increasing propylene derivatives demand," said Doug Kelly, KBR President, Technology. "KBR offers various sustainable technologies that are energy efficient and environmentally friendly. K-PRO is based on an innovative catalyst that does not contain costly precious metals or environmentally-sensitive chromium and is a continuous process with efficient energy integration, heat recovery and high conversion."
KBR has been a leader in petrochemical plant design, construction, and technology development for more than 50 years.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Semtech (SMTC) climbs as Q4 revenue and guidance surpass expectations
- EverCommerce (EVCM) Appoints Ellora Sengupta as CIO
- KBR, Inc. (KBR) Awarded $60.7M Task Order to Provide Cybersecurity Services to the NIWC Atlantic
Create E-mail Alert Related Categories
Corporate News, Management CommentsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!