December 7, 2022

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KBR Awarded Ammonia Technologies Agreement for Carbon-Neutral Task in Australia

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HOUSTON, April 7, 2022 /PRNewswire/ — KBR (NYSE: KBR) announced now it has won an ammonia technological know-how deal from DL E&C for NeuRizer’s (previously Leigh Creek Strength Ltd) carbon-neutral fertilizer undertaking in Australia.

Under the phrases of the deal, KBR will give engineering licensing and engineering for the 1,600 MTPD ammonia plant primarily based on KBR’s remarkably productive Purifier® system. This is the initial absolutely built-in urea creation facility in the earth leveraging an ground breaking configuration for in-situ syngas output, fuel processing, ammonia and urea production and carbon geo-sequestration.

“We are energized to supply our electrical power-efficient ammonia technologies to DL E&C for NeuRizer’s flagship carbon-neutral undertaking for the neighborhood and export agriculture marketplaces,” said Doug Kelly, KBR President, Know-how. “This project reaffirms our motivation to continuing to take a look at novel ways to enable our purchasers meet their small business and sustainability targets.”

KBR is a environment chief in ammonia technology and has been at the forefront of innovation in the ammonia current market for a long time.

About KBR

We deliver science, technological innovation and engineering solutions to governments and companies about the entire world. KBR employs around 28,000 individuals undertaking varied, advanced and mission essential roles in 34 nations.

KBR is happy to work with its customers across the globe to supply engineering, benefit-additional solutions, and extensive- expression operations and servicing expert services to assure reliable shipping and delivery with predictable final results. At KBR, We Supply.

Visit www.kbr.com 

About DL E&C

Daelim Industrial, a worldwide chief in the construction and petrochemical sector in Korea given that 1939, advanced its manufacturer to DL to mark a new commencing under the keeping business procedure. DL Team strategies to finish the clear and impartial governance system under a holding firm framework in which DL Holdings will regulate Engineering and Development subsidiaries through DL E&C, Petrochemical subsidiaries by way of DL Chemical, and Other subsidiaries these as DL Vitality, etcetera.

Considering the fact that its first overseas project in Vietnam in 1966, the building division effectively concluded numerous design, civil engineering, and plant initiatives in a lot more than 40 nations around the world worldwide. It has been identified for its specialized leadership and potent competitiveness in the world industry. In the case of plant division, DL E&C has expanded its global presence based on its complex knowledge in oil and fuel, oil refining, and petrochemical and ability plant industries. DL E&C’s achievements have attained recognition as a foremost International EPC Contractor.

About NRZ

NeuRizer (NRZ) is the enterprise liable for progressing the NeuRizer Urea Challenge (NRUP). NRUP is a nationally substantial venture that will produce reduced-value, substantial-good quality nitrogen-dependent fertiliser making sure a safe provide for neighborhood and export agriculture marketplaces. Found in South Australia, 550 kilometres north of Adelaide, the NRUP will initially create 1Mtpa of urea fertiliser with possible to maximize to 2Mtpa.

NRZ is a licensed carbon neutral organisation possessing been awarded Local weather Lively certification in March 2022 and is a signatory to the United Nations World wide Compact.  The NRUP is carbon neutral by style and design, and the decarbonisation pathway for the NRUP is embedded in the Front-Conclude Engineering and Layout (FEED) approach to make sure that the NRUP achieves zero carbon functions from initial functions in 2025.

The NRUP will noticeably increase Australia’s sovereign production functionality for fertiliser supporting Australian agricultural food items output.  The NRUP will strengthen offer chain resilience that will gain Australian farmers and, to a lesser extent, the industrial sector in which urea is made use of as a supply enter (eg. diesel additive (AdBlue), industrial resins, etcetera.) by lessening the nation’s reliance on imports.

The NRUP will be a person of the biggest infrastructure jobs of its kind in Australia, furnishing very long expression economic improvement and employment prospects (2,250+ construction employment moreover 1,200+ ongoing positions) for the communities of the Higher Spencer Gulf region, northern Flinders Ranges and South Australia.

The NRUP will be the only fully integrated urea manufacturing facility in Australia, with all inputs (fuel, power and CO2) for minimal carbon urea creation on-web site, that means NRZ will control both offer and cost of these big expense inputs, irrespective of prevailing market problems and supply chain dynamics.

Ahead On the lookout Statement

The statements in this press launch that are not historic statements, including statements regarding upcoming fiscal effectiveness, are forward-seeking statements inside the meaning of the federal securities guidelines. These statements are subject matter to several hazards and uncertainties, quite a few of which are beyond the firm’s management that could trigger precise final results to vary materially from the final results expressed or implied by the statements. These dangers and uncertainties include things like, but are not confined to: the important adverse impacts on financial and market situations of the COVID-19 pandemic and the company’s capability to reply to the ensuing problems and business enterprise disruption the new dislocation of the world electrical power sector the company’s capability to handle its liquidity the outcome of and the publicity bordering audits and investigations by domestic and overseas federal government companies and legislative bodies possible adverse proceedings by these kinds of businesses and probable adverse results and implications from this sort of proceedings changes in cash investing by the firm’s buyers the company’s capability to obtain contracts from current and new buyers and perform less than those people contracts structural variations in the industries in which the firm operates escalating fees associated with and the effectiveness of mounted-fee jobs and the company’s capability to command its charge beneath its contracts promises negotiations and contract disputes with the company’s buyers improvements in the need for or cost of oil and/or natural fuel security of mental assets rights compliance with environmental legislation improvements in authorities regulations and regulatory demands compliance with laws relevant to income taxes unsettled political conditions, war and the effects of terrorism foreign functions and international trade costs and controls the enhancement and set up of fiscal units the possibility of cyber and malware assaults improved opposition for workers the ability to correctly total and combine acquisitions and functions of joint ventures, like joint ventures that are not managed by the corporation.

The firm’s most not long ago filed Yearly Report on Type 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Trade Fee filings discuss some of the vital hazard things that the firm has recognized that may perhaps influence its company, results of operations and fiscal situation. Except as necessary by legislation, the organization undertakes no obligation to revise or update publicly any forward-on the lookout statements for any motive.

Source KBR, Inc.

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