KBR Launches PureM, an Advanced Green Methanol Technology
HOUSTON, October 12, 2023 - KBR (NYSE: KBR) announced today that it has developed an advanced green methanol technology, PureM℠, augmenting its leading portfolio of clean ammonia and hydrogen technologies.
Utilizing bio or captured carbon-dioxide and green hydrogen as primary feed components, PureM provides a cleaner pathway for downstream production of fuels or high-value chemicals, which are key ingredients in sustainable coatings, adhesives, and other materials that support a net-zero transition.
“We are excited to add PureM to our suite of sustainable process solutions and provide greater flexibility to our clients for CO2 capture while diversifying their value chains”, said Doug Kelly, KBR President, Technology. “Our proven technology will provide the much-needed capability of converting bio or captured carbon dioxide into green methanol and ultimately other high-value downstream products.”
KBR is a world leader in ammonia technology with approximately 50% market share of licensed capacity. Since 1943, KBR has licensed, engineered, or constructed over 250 grassroot ammonia plants worldwide.
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 33,000 people performing diverse, complex and mission-critical roles in 33 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 Statements
The statements in this press release that are not historical statements, including statements regarding demand for new technologies, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, 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, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
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