Saturday, May 25, 2024

KBR’s Market-Leading ROSE Technology Selected by CPC Corporation

KBR announced that it has been awarded a contract for its ROSE® supercritical Solvent De-Asphalting (SDA) technology and Vacuum Distillation Unit (VDU) from Taiwan’s state-owned oil company, CPC Corporation.

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Under the terms of the contract, KBR will provide a license, basic engineering and proprietary equipment to CPC for its proprietary ROSE technology. KBR will also supply the engineering package for the upstream VDU.

ROSE technology is a cost-effective residue upgrading process that allows refiners to produce higher grade, cleaner products while reducing the facility’s carbon footprint. This industry leading technology delivers 50% energy savings over conventional SDA technologies.

“We are pleased to work with CPC on this important project that enables clean fuels production with KBR’s energy-efficient and sustainable ROSE process,” said Doug Kelly, KBR President, Technology. “KBR’s design features an innovative integration solution between the VDU and ROSE unit, which significantly reduces the project’s carbon footprint.

KBR is a global leader in residue upgrading technologies with the largest installed base and has been involved in the licensing, design, engineering, and/or construction of 70 ROSE units worldwide with a combined licensed capacity of nearly 1.6 million BPSD. This list includes operators that have installed multiple ROSE units.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission critical roles in 34 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.

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company’s control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to

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