KBR, Inc. (NYSE: KBR) announced today that it has been awarded technology licensing contracts by PKN ORLEN (PKN) for KBR's leading Solvent Deasphalting (SDA) and Residue Fluid Catalytic Cracking (RFCC) technologies as part of PKN's Bottom-of-the-Barrel project for its Plock Refinery in Poland.
Under the terms of the contracts, KBR will provide technology licensing and basic engineering design for the SDA and RFCC units. Following a PKN ORLEN final investment decision, the SDA unit will be based on KBR's market-leading supercritical solvent recovery ROSE® technology and will help PKN ORLEN achieve its operating objectives, producing cleaner upgraded feedstock for the new RFCC unit. For the RFCC unit, KBR will provide its innovative, dual-riser MAXOFIN? technology, which uses conventional FCC operating conditions, KBR's proprietary catalyst additives and state-of-the-art equipment to help PKN ORLEN maximize propylene production from traditional FCC feedstocks and naphtha streams.
The combination of both proprietary technologies would allow PKN ORLEN to upgrade crude residue and naphtha streams to petrochemical feedstocks and clean transportation fuels to address market demands.
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"Selection of KBR's energy-efficient and sustainable technologies by PKN represents continued trust in our industry-leading refinery technologies," said Doug Kelly, KBR President, Technology. "Our ROSE technology delivers 50% energy saving over conventional solvent deasphalting technologies and MAXOFIN technology helps refiners maximize feedstock flexibility to produce higher value petrochemical products."
KBR's licensed process technology is found in more than half of the world's FCC units and a majority of residue upgrading units. The ROSE and MAXOFIN technologies reflect KBR's commitment to providing innovative technologies that give our customers a competitive edge in attractive markets.
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 29,000 people worldwide with customers in more than 80 countries and operations in 40 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.
Source: KBR, Inc.
Date: Jul 27, 2021
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