KBR Says Avina Clean Hydrogen Has Selected PureSAF Aviation Fuel Technology For Its Project In US
Portfolio Pulse from Benzinga Newsdesk
KBR has been selected by Avina Clean Hydrogen to provide technology licensing, proprietary engineering design, and front-end engineering design (FEED) for a facility in the US that will produce 120 million gallons of sustainable aviation fuel (SAF) per year using PureSAF technology developed by Swedish Biofuels.
August 06, 2024 | 10:25 am
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KBR has secured a contract with Avina Clean Hydrogen to provide technology and engineering services for a US facility producing 120 million gallons of sustainable aviation fuel annually.
The contract with Avina Clean Hydrogen is likely to positively impact KBR's stock price in the short term as it highlights the company's involvement in the growing sustainable aviation fuel market, potentially leading to increased revenue and market recognition.
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