Published by Todd Bush on April 14, 2023
HOUSTON, April 13, 2023 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it has signed a memorandum of understanding (MoU) with Atlas Agro AG to license KBR's innovative K-GreeN® technology for Atlas' planned investment in a series of green nitrate plants.
>> In Other News: Enel X Way Plans to Add 2M+ EV Charging Ports in North America Across Home, Commercial and Public Charging Segments by 2030
Under the terms of the MoU, KBR will provide technology licensing, basic engineering design, proprietary equipment and catalyst for the plants, which will produce zero-carbon nitrogen fertilizers. The engineering design for the first plant located in the United States commenced in March 2023.
"We are excited to support Atlas Agro's vision of zero-carbon fertilizer production through our market leading green ammonia technology, K-GreeN," said Doug Kelly, KBR President, Technology. "We are also confident that we can drive schedule synergies across the series of plants to accelerate availability of clean ammonia globally."
"We are proud to partner with KBR and use its K-GreeN process for our green fertilizer facilities," said Petter Østbø, CEO, Atlas Agro. "Each of our green ammonia plants will produce fertilizer that will help feed nearly 16 million people and avoid global carbon emissions of more than one million tons per year."
KBR is the world leader in ammonia technology with approximately 50% market share of licensed capacity. Since 1943, KBR has licensed, engineered, or constructed over 250 grassroot ammonia plants worldwide.
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 30,000 people performing diverse, complex and mission-critical roles in 34 countries.
KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com
SOURCE KBR, Inc.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏗️ Construction Begins on Blue Point Project 🧪 Commencement of FEED for the Live Oak Project for e-NG Production in Nebraska 🍁 Mercer International Secures C$20 Million Canadian ...
Inside This Issue ⛽ Emvolon and Freepoint Commodities Execute Multi-Year Definitive Agreements to Scale High-Value Liquid Fuels 🧪 Ammobia and Lummus Technology to Commercialize Ammonia for Low-Car...
Inside This Issue ⚡ Minnkota and Reliant Split Risk on Project Tundra CCS 🛢️ White House Pushes for More Refinery Waivers to Ease Pump Prices 🤝 Aker Solutions to Accelerate Carbon Capture and Remo...
Summit Forfeits Two CO2 Storage Permits in North Dakota, Continues Legal Fight Over Third
Summit Carbon Solutions is abandoning two-thirds of its planned project to store carbon dioxide underground in North Dakota. The company, which had been granted permits to store CO2 in three desig...
Construction Begins on Blue Point Project
Ground has been broken on construction of the Blue Point project in Louisiana, USA. Project partners CF Industries, JERA, and Mitsui & Co. have broken ground on construction of ...
Mercer International Secures C$20 Million Canadian Backing for Alberta Pulp Mill Overhaul
The Canadian government has thrown a financial lifeline to Mercer International's Peace River pulp operation in northern Alberta, committing C$20 million toward a sweeping modernization of the faci...
Plantd Launches Biochar Line, Turning Waste Into Revenue & Better Soil
Advanced manufacturer expands beyond structural building panels, converting production byproduct into a silica-rich soil amendment for agriculture OXFORD, N.C., Aug. 28, 2026 (GLOBE NEWSWIRE) -- P...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.