KBR, Inc. (NYSE: KBR) announced today it has been awarded a construction contract by The Chemours Company for the construction of its new Opteon™ YF (HFO-1234yf) facility in Corpus Christi, Texas, USA.
Under the terms of the contract, KBR will provide complete construction services for this critically important investment in new generation environmentally friendly refrigerants at the Chemours plant site in Corpus Christi, Texas.
This work is expected to be completed over 18 months, with KBR executing all construction scope, providing construction management and direct hire craft labor. This new scope is in concert with the already completed early conceptual engineering and estimating for the project and the detailed design and procurement services currently being provided by KBR's Wilmington and Monterrey offices under a long-standing Master Services Agreement.
The addition to the Corpus Christi facility is an investment in large-scale manufacturing to expand the supply of Chemours' Opteon™ portfolio of refrigerants. This investment will triple capacity of Opteon products. The new plant will use a patented process to manufacture Opteon™ YF, which is used in automotive air conditioning and in refrigerant blends for a range of applications. The investment will create the world's largest facility for manufacturing hydrofluoroolefins (HFOs), and the location will allow Chemours to efficiently serve the growing market in North America and Europe, as well as the rest of the world.
"This significant award highlights KBR's strong partnership with Chemours, and also showcases our complete integrated EPC offering, beginning with the front end loading, continuing with detailed design, and now including award of full construction services for the entire project," said Stuart Bradie, KBR President and CEO.
"We are excited to be a part of this significant project with Chemours, and to continue to grow and maintain a substantial presence in the US Gulf Coast Region," Bradie continued.
Date: Aug 8, 2016