KBR forms ammonia technology alliance in Asia
12/5/2014 12:00:00 AM
KBR has signed an agreement with PT Rekayasa Industri (REKIND) to provide ammonia technology in the Indonesian, Southeast Asian and Asian markets.
Under this agreement, REKIND will exclusively promote and license KBR’s proprietary ammonia technology, along with KBR’s proprietary equipment, catalyst and automation packages to ammonia producers in the region.
“This alliance with REKIND helps KBR increase its competitive edge for licensing ammonia technology particular in Indonesia, Southeast Asia and Asian markets,” said Stuart Bradie, KBR's president and CEO.
“Together, we are well-positioned to win more ammonia projects in the region.”
Expected revenue from this alliance will be booked as licenses are awarded.
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