In recent news, KBR has been awarded a contract by SABIC Fujian Petrochemicals to license its phenol technology in China. This project, which was announced in January 2024, will involve providing technology licensing and engineering design for a phenol plant with a capacity of 250,000 tons per year at SABIC’s Fujian Petrochemical Complex. The project is expected to be completed by 2026.
KBR’s phenol technology offers a sustainable solution that reduces energy consumption and improves yields, making it a top choice for customers looking for an efficient and eco-friendly option. Jay Ibrahim, President of KBR Sustainable Technology Solutions, expressed excitement about the opportunity to collaborate with SABIC Fujian on this project in China. He highlighted the company’s commitment to offering industry-leading technology that enhances customers’ competitiveness and sustainability goals through improved efficiency, reliability, wastewater recovery, and performance.
This news falls under the category of downstream petrochemical news as it pertains to the licensing of technology for a petrochemical plant. It also falls under downstream contract news as it involves a contract being awarded for the provision of technology licensing and engineering design services. Finally, it is also categorized under downstream news as it relates to developments within the petrochemical industry.
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