KBR Says Its Green Ammonia Technology, K-GreeN, Has Been Selected By OCIOR Energy For Its Plant In India; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
KBR's green ammonia technology, K-GreeN, has been selected by OCIOR Energy for a new plant in India. This will be KBR's 10th licensed green ammonia plant globally and the first in India. KBR will provide a technology license, engineering design, equipment, and catalyst solutions for a plant with a capacity of 600 metric tons per day.
July 01, 2024 | 10:05 am
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KBR's green ammonia technology, K-GreeN, has been selected by OCIOR Energy for a new plant in India. This will be KBR's 10th licensed green ammonia plant globally and the first in India. KBR will provide a technology license, engineering design, equipment, and catalyst solutions for a plant with a capacity of 600 metric tons per day.
The selection of KBR's technology for OCIOR Energy's new plant in India highlights the company's growing influence in the green ammonia market. This partnership could lead to increased revenue and market share for KBR, positively impacting its stock price in the short term.
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