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KBR Technology Selected for Breakthrough Green Ammonia Project by ACME Group

KBR (NYSE: KBR) announced today that its leading ammonia technology has been selected by ACME Group for its breakthrough green ammonia project to be built in Oman.

Under the terms of the contract, KBR will provide technology license, engineering, proprietary equipment, catalyst, and commissioning services for a plant to produce 300 metric tons per day of ammonia. The plant will be an integrated facility using solar and wind energy to produce green ammonia.

"We are honored to be selected by ACME Group for this ambitious project," said Doug Kelly, KBR President, Technology. "Energy transition driven by green ammonia is a reality and KBR will play a pivotal role in helping innovative companies like ACME establish early-mover advantages through our industry leading technology."

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"This facility, aimed towards exporting green ammonia to Europe and Asia, will be the first project of this scale," said Manoj K Upadhyay, Founder & Chairman, ACME Group. "We selected KBR technology because of its high yields and lowest energy consumption and look forward to a successful project implementation."

KBR is the world leader in ammonia technology with around 50% share of licensed capacity and holds the industry records for the largest capacity plants with a single converter, best energy-efficiency, and longest runs without shutdowns. Since 1943, KBR has licensed, engineered, or constructed 244 grassroot ammonia plants worldwide.

Source: KBR
Date: Oct 11, 2021

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