KBR wins SABIC Fujian Petrochemical contract
US multinational contractor KBR has been awarded a license contract for phenol technology in China by SABIC Fujian Petrochemical Company.
Under the terms of the contract, KBR will provide technology licenses and proprietary engineering design for SABIC Fujian Petrochemical's 250 ton/year phenol unit in Fujian Province, China. The final investment decision for the estimated $6.4 billion project was announced in January 2024, with completion expected in 2026. According to KBR, its phenol technology reduces energy consumption and increases yields.
Jay Ibrahim, President of KBR Sustainable Technology Solutions said: "We are pleased to be able to provide SABIC Fujian with industry-leading phenol technology for this ambitious project in China. “KBR’s market-leading phenol technology increases customers’ competitive advantage and advances their sustainability goals through superior efficiency, reliability, wastewater recovery and performance."
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