KBR Launches Sustainable Aviation Fuel Technology in Alliance with Swedish Biofuels
HOUSTON – February 20, 2023 – KBR (NYSE: KBR) announced today that it has launched Sustainable Aviation Fuel (SAF) technology in alliance with Swedish Biofuels AB, a technology developer and pioneer in cutting-edge research on biofuels.
The alliance extends KBR’s decarbonization and energy transition portfolio into the aviation sector with a differentiated SAF offering. In addition to processing ethanol, this technology can also convert carbon dioxide and synthesis gas to SAF, thereby expanding opportunities for KBR’s clients to utilize captured carbon toward a cleaner, greener future. Validation of this advanced technology was performed in conjunction with the Defense Advanced Research Projects Agency (DARPA) at Wright-Patterson Air Force Base.
“We are thrilled to help the aviation sector in implementing solutions to advance their sustainability objectives,” said Doug Kelly, KBR President, Technology. "Swedish Biofuels, the developer of the technology, has an unparalleled history of research and innovation in SAF and we are confident this technology will emerge as the leading SAF solution for our clients.”
“Our technology for producing sustainable aviation fuels will be instrumental in lowering CO2 emissions from the aviation sector and meeting net zero emission targets by 2030 and beyond. This technology is unique as it is ready-to-use real jet fuel as opposed to a blend component,” said Dr Angelica Hull, Managing Director, Swedish Biofuels.
KBR is pioneering decarbonization initiatives through its low carbon technologies and constant process innovation to reduce emissions.
About Swedish Biofuels
Swedish Biofuels delivers engineering solutions, process architecture and science for the production and conversion of alcohols to transport fuels and valuable chemicals from sustainable feedstocks. The company is the inventor of the original Alcohol to Jet technology (ATJ), patented in 2004 for the production of fully formulated sustainable aviation fuels from alcohols (SAF). The company has produced, sold and delivered fully formulated SAF for tests, certification and demonstration programs in the US, UK, Sweden and Germany.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission-critical roles in 34 countries.
KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
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Forward Looking Statement
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The company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that the company has identified that may affect its business, results of operations and financial condition. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
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Investors
Jamie DuBray
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713-753-5082
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Philip Ivy
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713-753-3800
