KBR KBR Inc

KBR (NYSE:KBR) today announced that it has been awarded a contract by Changzhou Kingboard Century Chemical Co., Ltd (Kingboard) to provide licensing and related services for a new phenol plant in Changzhou, China. As part of the contract, KBR will license its leading phenol technology for the 200,000 metric tons per annum (MTPA) phenol plant. KBR will also provide preliminary design, and commissioning and startup support services. Work on the project is expected to begin immediately. This award marks the second phenol plant Kingboard has licensed from KBR. The first phenol plant, located in Huizhou, China, went online at the end of 2007. �The award of Kingboard�s second phenol plant to KBR demonstrates KBR�s reputation for delivering superior technology in the Chinese market,� said Tim Challand, President, Technology for KBR. �We are delighted about the opportunity to once again deliver top quality products and services to Kingboard.� �We are very pleased with the performance of our first phenol plant, as well as KBR�s expertise and support of the phenol technology,� said Mr. Jiang Lichun, General Manager of Kingboard. �Excellent product quality and production efficiency is very important to Kingboard, and having a process that is reliable and easy to operate was a key factor in selecting the same technology for our Changzhou project.� KBR is a global engineering, construction and services company supporting the energy, petrochemicals, government services and civil infrastructure sectors. The company offers a wide range of services through its Downstream, Government and Infrastructure, Services, Technology, Upstream and Ventures business segments. For more information, visit www.kbr.com.