HOUSTON, Jan. 8, 2024 /PRNewswire/ — KBR (NYSE: KBR) announced today that its K-GreeN® technology has been selected by a consortium consisting of Lotte Chemical, KNOC (Korea National Oil Corp) and Samsung Engineering for Lotte Chemical’s H2biscus green ammonia project development in Sarawak, Malaysia.
Under the terms of the contract, KBR will provide technology license and proprietary engineering design to Lotte Chemical for its green ammonia project that will produce 800 KTA of green ammonia from hydropower.
“We are pleased to work with Lotte Chemical and support their energy transition objectives with our zero-carbon K-GreeN® technology,” said Doug Kelly, KBR President, Technology. “KBR is a leader in advancing clean hydrogen technologies and solutions, and green ammonia is a key enabler to achieving global net zero targets. Our green ammonia solutions and complementary technologies such as H2ACT make KBR the preferred technology licensors for major energy transition projects around the world.”
KBR is a world leader in ammonia technology and has been at the forefront of innovation in the ammonia market for decades. Since 1943, KBR has licensed, engineered, or constructed more than 250 grassroot ammonia plants worldwide.
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