KBR KBR Inc

KBR (NYSE:KBR) today announced that it has been awarded a contract by Egypt Hydrocarbon Corporation (EHC) to complete a pre-Front End Engineering Design (pre-FEED) study for two polyethylene units at its proposed Petrochemical Complex. The complex will be located 25 km (15.5 miles) from Suez, Egypt, near the Red Sea. Under the pre-FEED study, KBR will perform PolyEthylene (PE) technology evaluation and licensor recommendation to EHC. Currently, two PE plants are planned for installation, with each plant having a nominal capacity of 450 kta. The plants will be targeted to produce a broad range of HDPE and LLDPE resins. The award of the pre-FEED study follows KBR�s completion of various prefeasibility studies for the Petrochemical Complex�s proposed plants, including: ammonia, ammonium nitrate, naphtha cracker, polyethylene and methanol plants. KBR has also completed a master plot plan study for the complex. �This award will allow KBR the opportunity to further demonstrate our unparalleled expertise in the downstream market,� said John Quinn, President, KBR Downstream. �KBR is pleased to partner with EHC, building on the relationship forged during the prefeasibility studies for the Petrochemical Complex, and we look forward to successful project completion.� 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.