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KBR awarded licensing & design services contract for ammonia plants

KBR Inc. (NYSE: KBR) announced that it has been awarded a contract by OJSC Togliattiazot (ToAZ) to provide licensing, basic engineering design, front-end engineering and design services to revamp ToAZ's existing seven ammonia plants in Togliatti, Samara region, Russia.

Under the terms of the contract, KBR will supply ToAZ with its proprietary ammonia technology to significantly increase overall ammonia production capacity while simultaneously increasing energy efficiency and overall reliability of the plants. KBR will use its industry standard-setting technology to cut production costs for ToAZ.

Considered a world leader in ammonia technology, KBR has been involved in the licensing, design, engineering and/or construction of more than 230 ammonia plants worldwide.

The contract value was not disclosed. Expected revenue from the contract will be included in KBR's second quarter 2015 backlog of unfilled orders for its Engineering & Construction and Technology & Consulting business lines.



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