CO2 Capture: KBR Adds PureM Technology To Its Suite Of Sustainable Process Solutions
Portfolio Pulse from Shivani Kumaresan
Engineering company KBR Inc has developed an advanced green methanol technology, PureM, which uses bio or captured carbon-dioxide and green hydrogen as primary feed components. This technology is expected to provide a cleaner pathway for downstream production of fuels. KBR shares traded higher by 0.77% at $62.50 on the last check Thursday.
October 12, 2023 | 1:49 pm
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POSITIVE IMPACT
KBR's new green methanol technology, PureM, could potentially increase its market share in the sustainable process solutions sector. The stock traded higher by 0.77%.
The development of the PureM technology positions KBR as a leader in the green technology sector. This could potentially attract more clients looking for sustainable process solutions, thereby increasing its revenues and positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100