HOUSTON, Nov. 14, 2017 /PRNewswire/ -- KBR, Inc.
(NYSE:KBR) announced today it has successfully completed delivery
of a Phenol Operator Training Simulator (OTS) to Deepak Phenolics
Limited (DPL), India for their
initial startup and long term operator training needs.
Under the terms of the contract, KBR provided turnkey delivery
of the OTS and other services for the DPL Phenol plant with a
design capacity of 200 KTPA and the co-product Acetone plant with a
design capacity of 120KTPA located at Dahej, Gujarat, India.
KBR Technology also provided the license and basic engineering
services for the Phenol plant.
The OTS will provide a cost effective solution for training
operators for safe and efficient plant start-up and continued
on-going operational training. The OTS based training will assist
plant operators' objectives to operate the plant reliably, safely
and to quickly react to operational emergencies for higher
productivity.
"KBR is pleased to have the opportunity to provide the OTS to
DPL as part of our overall technology package for the plant," said
John Derbyshire, President, KBR
Technology and Consulting. "KBR is committed to providing
state-of-the-art solutions for safe plant start-up and operations
and this project is indicative of KBR's strategic commitment to
growing our presence in India."
"Deepak Phenolics venture in Phenol area is envisaged to be a
key foundation stone for the organization and major contributor to
domestic market in India. Deepak
Phenolics is happy to have chosen KBR as a collaborative partner
for its venture in OTS arena," said Harendra Pandya, Project Director, Deepak
Phenolics Ltd. "KBR team has set a new benchmark from speed to OTS
model fidelity on the emulation platform. The deliverables have
already started yielding benefits for Deepak Phenolics team."
KBR Technology is a leader in providing know-how based
automation services and solutions to support its licensed process
technologies for more than 35 years.
About KBR, Inc.
KBR is a global provider of differentiated professional services
and technologies across the asset and program life cycle within the
Government Services and Hydrocarbons sectors. KBR employs over
34,000 people worldwide (including our joint ventures), with
customers in more than 80 countries, and operations in 40
countries, across three synergistic global businesses:
- Government Services, serving government customers globally,
including capabilities that cover the full life-cycle of defense,
space, aviation and other government programs and missions from
research and development, through systems engineering, test and
evaluation, program management, to operations, maintenance, and
field logistics
- Technology & Consulting, including proprietary technology
focused on the monetization of hydrocarbons (especially natural gas
and natural gas liquids) in ethylene and petrochemicals; ammonia,
nitric acid and fertilizers; oil refining; gasification; oil and
gas consulting; integrity management; naval architecture and
proprietary hulls; and downstream consulting
- Engineering & Construction, including onshore oil and gas;
LNG (liquefaction and regasification)/GTL; oil refining;
petrochemicals; chemicals; fertilizers; differentiated EPC;
maintenance services (Brown & Root Industrial Services);
offshore oil and gas (shallow-water, deep-water, subsea); floating
solutions (FPU, FPSO, FLNG & FSRU) and program management
KBR is proud to work with its customers across the globe to
provide technology, value-added services, integrated EPC delivery
and long term operations and maintenance services to ensure
consistent delivery with predictable results. At KBR, We
Deliver.
Visit www.kbr.com
Forward Looking Statement
The statements in this press release that are not historical
statements, including statements regarding future financial
performance, are forward-looking statements within the meaning of
the federal securities laws. These statements are subject to
numerous risks and uncertainties, 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 and uncertainties include, but are not limited to: the
outcome of and the publicity surrounding audits and investigations
by domestic and foreign government agencies and legislative bodies;
potential adverse proceedings by such agencies and potential
adverse results and consequences from such proceedings; the scope
and enforceability of the company's indemnities from its former
parent; changes in capital spending by the company's customers; the
company's ability to obtain contracts from existing and new
customers and perform under those contracts; structural changes in
the industries in which the company operates; escalating costs
associated with and the performance of fixed-fee projects and the
company's ability to control its cost under its contracts; claims
negotiations and contract disputes with the company's customers;
changes in the demand for or price of oil and/or natural gas;
protection of intellectual property rights; compliance with
environmental laws; changes in government regulations and
regulatory requirements; compliance with laws related to income
taxes; unsettled political conditions, war and the effects of
terrorism; foreign operations and foreign exchange rates and
controls; the development and installation of financial systems;
increased competition for employees; the ability to successfully
complete and integrate acquisitions; and operations of joint
ventures, including joint ventures that are not controlled by the
company.
KBR's most recently filed Annual Report on Form 10-K, any
subsequent Form 10-Qs and 8-Ks, and other Securities and Exchange
Commission filings discuss some of the important risk factors that
KBR has identified that may affect the business, results of
operations and financial condition. Except as required by law, KBR
undertakes no obligation to revise or update publicly any
forward-looking statements for any reason.
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SOURCE KBR, Inc.