KBR's Ammonia Cracking Technology Contract with Hanwha Impact for Clean Hydrogen in Korea
Key Ideas
- Secured a second contract with Hanwha Impact, showcasing strong client relations and technological validation.
- Supports the clean hydrogen market with a 214 metric tons per day facility, aiding Korea's decarbonization efforts.
- Leverages KBR's extensive market leadership with its technology implemented in over 260 plants globally.
- The contract encompasses various revenue streams including licensing, engineering design, equipment, and services.
KBR, a leading provider of science, technology, and engineering solutions, has been awarded a second contract by Hanwha Impact Corporation for its clean power generation facility in Korea. The contract involves technology licensing, proprietary engineering design, and equipment supply for a 214 metric tons per day hydrogen facility. By utilizing KBR's H2ACT® ammonia cracking technology, the project aims to produce clean hydrogen to support Korea's decarbonization goals. This initiative demonstrates the strong relationship between KBR and Hanwha Impact, highlighting trust and technological prowess.
The project not only contributes to the expansion of the clean hydrogen market but also showcases KBR's established market leadership, as the company's ammonia technology has been utilized in over 260 grassroots plants worldwide since 1944. By focusing on optimizing energy efficiency and reducing CO2 emissions, KBR's innovative H2ACT® technology represents a significant step towards delivering reliable and efficient clean hydrogen solutions.
KBR's President, Jay Ibrahim, expressed gratitude for Hanwha's trust and emphasized the cost-efficiency enhancements of the project. With a global workforce of around 38,000 employees, KBR collaborates with customers across the world to provide cutting-edge technology and enduring operational support. This collaboration with Hanwha Impact signifies KBR's commitment to sustainable solutions and technological advancements in the energy sector.
Topics
Projects
Clean Energy
Market Expansion
Technology Licensing
Engineering Design
Contract Award
Equipment Supply
Clean Hydrogen Production
Decarbonization Initiatives
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