- KBR, Inc. KBR has secured a licensing technology contract from Hyundai Engineering and Técnicas Reunidas for PKN ORLEN's Petrochemical Development Program in Plock, Poland. The terms of the contract were not disclosed.
- KBR will provide technology license, basic engineering design, and proprietary equipment for its ethylene technology, Selective Cracking Optimum Recovery (SCORE), for PKN ORLEN's Olefins Complex III Project.
- "SCORE continues to lead the industry in delivering the highest yields and operational flexibility while minimizing the carbon footprint," said Doug Kelly, KBR President, Technology.
- Price Action: KBR shares traded lower by 0.66% at $37.88 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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