KBR to Provide Additional Ethylene Furnace for INEOS Olefins Complex in Alvin, Texas

April 10, 2012

HOUSTON--(BUSINESS WIRE)--Apr. 10, 2012-- KBR (NYSE: KBR) announced today it will design and construct an ethylene furnace for INEOS Olefins & Polymers USA (INEOS) that upon commissioning will provide the highest achievable ethylene yields in the industry. The executed agreements with INEOS include provision of a technology license, engineering, procurement, supply of equipment and materials, and construction of the furnace.

The furnace design will add 465 million pounds per year of furnace production capacity to the INEOS Chocolate Bayou Works Olefins Complex in Alvin, Texas.

This furnace will use KBR’s high-performance Selective Cracking and Optimum Recovery (SCORE TM ) ethylene technology and process NGL feedstocks. The furnace will also include KBR’s latest generation Ultra Low NOx burner technology and a Selective Catalytic Reduction (SCR) bed to reduce emissions of nitrous oxides.

“The new agreements with INEOS build on the valuable partnership between KBR Downstream and Technology to provide fully integrated EPC solutions to our Olefins customers," said Roy Oelking, Group President, KBR Hydrocarbons.

KBR completed a Distinctive Compliance Project at INEOS Olefins Plant No. 1 at Chocolate Bayou, increasing ethylene production at the complex to its present capacity and further allowed it to achieve reduced NOx emissions as part of an overall plan to meet regulatory compliance standards.

"We are pleased to have selected KBR as the provider of the sixth SCORE TM furnace for our Chocolate Bayou Olefins Complex," said Dennis Seith, CEO of INEOS Olefins & Polymers USA.

INEOS Olefins & Polymers USA, part of the INEOS Group of Companies, is a leading producer of olefins, high-density polyethylene and polypropylene with production facilities in Alvin, Texas; La Porte, Texas; and Carson, California.

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.

Source: KBR

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