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KBR wins licence and engineering contract from Ohio Valley Resources LLC.

M2 EQUITYBITES-September 27, 2012-KBR wins licence and engineering contract from Ohio Valley Resources LLC(C)2012 M2 COMMUNICATIONS http://www.m2.com

Engineering, construction and services company KBR (NYSE:KBR) revealed on Wednesday that it has won a licence and engineering contract from Ohio Valley Resources LLC to carry out a front-end engineering design (FEED) package to develop an EPC proposal for a fertilizer complex.

The complex is currently proposed for Spencer County, Indiana, and other potential sites are also being evaluated.

This project will include design of the main ammonia process units by KBR, featuring its proprietary Purifier ammonia process technology. The ammonia plant in the fertilizer complex is based on an existing reference design that has been operating in Burrup, Australia since 2006.

KBR will also design the plant utilities and other supporting units for the facility, while Weatherly Inc will supply the design of its proprietary UAN plant on a subcontract to KBR.

Development of the FEED and lump sum EPC proposal is scheduled to be completed in early 2013.

Financial details of the contract were not available.

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Publication:M2 EquityBites (EQB)
Date:Sep 27, 2012
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