- KBR (NYSE:KBR) entered into an agreement to provide its proprietary technology Ammonia InSite Technology to PT Panca Amara Utama (PAU) for the Sulawesi, Indonesia ammonia plant complex.
- As per the agreement, Ammonia InSite will initially be used to support the successful start-up and commissioning of PAU's new ammonia plant complex, and will then support sustained plant operations to maximize asset utilization and profitability.
- "KBR is pleased to have the opportunity to provide the Ammonia InSite® Technology to PAU," said John Derbyshire, President, KBR Technology and Consulting. "Ammonia InSite® provides a cost-effective collaborative service between PAU and KBR to ensure safe, reliable top-tier plant operations."
- Revenue associated with this agreement was booked into backlog of unfilled orders for KBR's T&C Business Segment in Q4 of 2017.
- Press Release
- Now read: SinglePoint Is Simply Too Expensive
Original article