KBR Awarded Contract by Chemetall Foote Corp. (KBR)

KBR KBR announced that its Downstream business unit has been awarded a contract to provide engineering and procurement services to Chemetall Foote Corp. (a subsidiary of Rockwood Holdings, Inc. ROC) for the addition of lithium hydroxide production at its current operation in Kings Mountain, North Carolina. The project is funded in part by a $28.4 million grant from the U.S. Department of Energy to expand and upgrade the production of lithium materials for advanced transportation batteries. The award of this contract follows the execution by KBR of various development services from Front-End Loading Feasibility through the current stage of the project. KBR will work in support of Chemetall Foote to help the company meet its goal of increasing lithium hydroxide production in response to an increase in demand and forecasted growth of electric vehicles. The project is expected to be completed by the end of 2011.