HOUSTON - KBR, Inc. (NYSE: NYSE:KBR), a global provider of science, technology, and engineering solutions, has announced its partnership with Lotte Chemical and other consortium members for a new green ammonia project in Malaysia. The company will license its proprietary K-GreeN® technology to Lotte Chemical for the production of green ammonia, leveraging hydropower.
The H2biscus project, located in Sarawak, Malaysia, is set to produce 800 kilotons per annum (KTA) of green ammonia. KBR will contribute its technology license and proprietary engineering design to the initiative.
Doug Kelly, KBR President of Technology, expressed the company's enthusiasm for the collaboration, stating, "We are pleased to work with Lotte Chemical and support their energy transition objectives with our zero-carbon K-GreeN® technology." He emphasized KBR's position as a leader in clean hydrogen technologies and solutions, with green ammonia being a critical component for achieving global net-zero targets.
With a history dating back to 1943 in the ammonia market, KBR boasts a track record of licensing, engineering, or constructing over 250 grassroot ammonia plants worldwide. The company's technological advancements and solutions have positioned it as a preferred licensor for major energy transition projects globally.
KBR employs around 34,000 people in 33 countries, delivering a range of services to governments and companies, including technology, value-added services, and long-term operations and maintenance services.
The information for this report is based on a press release statement.
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