KBR Boosts Backlog With New Contract Win From ZPC in China
KBRKBR(KBR) ZACKS·2024-09-11 01:01

KBR, Inc.’s (KBR) ROSE supercritical Solvent De-Asphalting technology has been chosen by Zhejiang Petroleum & Chemical Co. Ltd. (“ZPC”), a subsidiary of Rongsheng Petrochemical Co. Ltd. in China.Per the contract, KBR will be offering technology licensing and proprietary engineering design to ZPC, intended to upgrade the latter’s residue conversion for higher profitability and operational sustainability.KBR’s ROSE is an innovative supercritical extraction technology designed for safe start-up and reliable pe ...