KBR Weatherly Announces Launch of its Dual Pressure Nitric Acid Technology
HOUSTON - (September 1, 2016) - KBR, Inc. (NYSE: KBR) and its wholly owned subsidiary, Weatherly Inc. announced today the launch of the new Weatherly Dual Pressure Nitric Acid Technology. This technology enables economically viable production of Nitric Acid in large scale (over 1,000 Mtons/day), as part of large fertilizer production complexes.
Weatherly's new technology produces nitric acid at an operating cost that is $4 to $5 per ton less than competing dual pressure plants of the same capacity. This is possible due to its more efficient heat recovery design that converts tail gas heat to energy, which in turn is used to power up the plant.
In addition to lower cost of production, Weatherly's Dual Pressure plants require up to 10% less capital investment than competing designs due to their compact design and proven vertical reactor, requiring less steel and piping than traditional plants.
"The launch of this technology confirms KBR's commitment to continue to bring to market innovative technologies that help our clients improve their competitive position," said John Derbyshire, President of KBR Technology & Consulting. "We recognize the need for larger nitric acid plants as part of larger fertilizer complexes worldwide, so we expanded our portfolio to serve this market."
"The addition of this Dual Pressure design gives us a more complete portfolio," said David Boyd, Director of Operations of Weatherly Inc. "While we are already proven market leaders in smaller-scale nitric acid production with our superior High Mono-Pressure Nitric Acid technology, we can serve our clients regardless of their production volume targets."
Weatherly Inc. will be launching this technology at the AN-NA 2016 Conference on September 18, 2016, in Eindhoven, the Netherlands.
About KBR, Inc.
KBR, Inc. is a global technology, engineering, procurement and construction company serving the hydrocarbons and government services industries, employing approximately 25,800 people worldwide with customers in more than 80 countries and operations in 40 countries across three distinct global businesses: Technology & Consulting, including proprietary technology in refining, ethylene, ammonia and fertilizers, and gasification; and niche consulting and know-how through subsidiaries Granherne, Energo and GVA; Engineering & Construction, including Offshore Oil & Gas; Onshore Oil & Gas; LNG/GTL; Refining; Petrochemicals; Chemicals; differentiated EPC, and Industrial Services; Government Services, incorporating KBRwyle, includes capabilities that span the full spectrum of government mission requirements including research and development, testing, engineering, logistics, deployed operations, and life-cycle sustainment.
KBR is proud to work with its customers across the globe to provide technology, value-added consulting services, integrated EPC delivery and Long Term Industrial Services to ensure consistent project delivery with predictable results. At KBR, we deliver.
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For further information, please contact:
Investors
Lynn Nazareth
Vice President, Investor Relations
713-753-5082
Investors@kbr.com
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Marit Babin Stout
Director, Global Communications & Government Relations
713-753-3800
