Chemical Technology April 2016

SKY002_Man resized 18 March 2016 Engineeri

KBR awarded MAXOFIN™ FCC revamp contract

KBR, Inc announced at the end of March that it has been awarded a license and basic engineering design contract for the revamp of a Fluid Catalytic Cracker (FCC) unit with MAXO- FIN technology. The project was awarded by a confidential client and is located in Shandong Province in China. Under the terms of the contract, KBR will provide the licensing package for the MAXOFIN conversion. MAXOFIN technology, developed by KBR, enables upgrade of existing FCC units to produce higher amounts of propylene, an important petrochemical feedstock, while still retaining the flexibility to produce more gasoline when market demand or prices are favourable. John Derbyshire, President of KBR Technol- ogy & Consulting, said: “This project demon- strates our commitment to deliver innovative technologies that help the client meet their performance objectives. “MAXOFIN technology is a flexible option to help clients increase their propylene production without major grassroots capital investment,” continued Derbyshire. KBR has been an industry pioneer in FCC technologies having developed the world’s first FCC commercial unit in 1942, and having executed over 120 FCC projects globally. In addition to conventional FCC technology, KBR also offers KBR MAXDIESEL™ technology that increases diesel yield from FCC VGO stream and several other FCC configuration options. The value of the contract was undisclosed

and was booked into the backlog of unfilled orders for KBR’s Technology and Consulting division in Q4 of 2015. KBR, Inc is a global technology, engineering, procurement and construction company serv- ing the hydrocarbons and government services industries, employing approximately 22 000 people worldwide with customers in more than 70 countries and operations in 40 countries across three distinct global businesses: • Technology and consulting, including pro- prietary technology in refining, ethylene, ammonia and fertilizers, and gasification; and niche consulting and know-how through subsidiaries Granherne, Energo and GVA • Engineering and construction, including Offshore Oil & Gas; Onshore Oil & Gas; LNG/ GTL; Refining; Petrochemicals; Chemicals; differentiated EPC, and Industrial Services • Government Services, including programme management and long term annuity con- tracts. KBR is proud to work with its customers across the globe to provide technology, value- added consulting services, integrated EPC delivery and Long Term Industrial Services to ensure consistent project delivery with predict- able results. For more information contact: Zac Nagle, Vice President, Investor Relations on tel: +1 713 753 5082; email Investors@kbr.com; or www.kbr.com