KBR Awarded Contract to Provide Phenol Technology for Lihuayi Weiyuan Chemical Co., Ltd. in Lijin County, China
July 28 2011 - 4:05PM
Business Wire
KBR (NYSE: KBR) today announced it was awarded a contract by
Lihuayi Weiyuan Chemical Co., Ltd. to license its phenol technology
for Lihuayi’s grassroots, 220,000 tons per annum (kta)
Phenol/Acetone plant in Lijin County, Shandong Province, China.
As a key phenol licensor, KBR's product and execution teams have
been involved in leading-edge phenol technology for more than 60
years and have completed more than 50 phenol projects
worldwide.
“KBR’s phenol technology is known for its reliability and
safety, which are important long-term cost of production measures
in this extremely competitive industry,” said John Derbyshire,
President, Technology. “We look forward to supporting Lihuayi as we
work together to complete this project.”
“The Phenol/acetone Project is one of the major organic chemical
projects invested by Lihuayi Group. Through the technical
cooperation between Lihuayi and KBR, our leading industrial chain
will be extended, and the industrial product structure will be
optimized and upgraded,” said Mr. Li Yusheng, General Manager of
Lihuayi Group, Chairman of Lihuayi Weiyuan Chemical Co., Ltd. “It
will accelerate the forging of industrial clusters of organic
chemical and new materials, and promote to achieve variation
development of our leading industry, thus establish the advantage
of leading development and realize environmental friendly
development and sustainable development.”
KBR is a global engineering, construction and services company
supporting the energy, hydrocarbon, government services, minerals,
civil infrastructure, power, industrial, and commercial
markets. For more information, visit www.kbr.com.
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