May 21, 2022

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KBR’s Market-Leading ROSE Technology Selected by CPC Corporation

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HOUSTON, April 13, 2022 /PRNewswire/ — KBR (NYSE: KBR) declared today that it has been awarded a agreement for its ROSE® supercritical Solvent De-Asphalting (SDA) technology and Vacuum Distillation Unit (VDU) from Taiwan’s state-owned oil enterprise, CPC Corporation.

KBR, Inc. (PRNewsfoto/KBR, Inc.)

KBR, Inc. (PRNewsfoto/KBR, Inc.)

Beneath the phrases of the contract, KBR will present a license, essential engineering and proprietary equipment to CPC for its proprietary ROSE engineering. KBR will also supply the engineering bundle for the upstream VDU.

ROSE know-how is a charge-successful residue upgrading method that makes it possible for refiners to develop bigger grade, cleaner merchandise while decreasing the facility’s carbon footprint. This business primary engineering delivers 50% vitality financial savings more than common SDA systems.

“We are happy to perform with CPC on this important challenge that enables clean fuels output with KBR’s electricity-effective and sustainable ROSE course of action,” reported Doug Kelly, KBR President, Know-how. “KBR’s design functions an revolutionary integration alternative among the VDU and ROSE unit, which noticeably reduces the project’s carbon footprint.

KBR is a world chief in residue upgrading technologies with the major installed base and has been associated in the licensing, style, engineering, and/or construction of 70 ROSE units worldwide with a blended certified potential of nearly 1.6 million BPSD. This list involves operators that have installed numerous ROSE units.

About KBR

We supply science, technological know-how and engineering solutions to governments and organizations around the world. KBR employs close to 28,000 men and women accomplishing diverse, elaborate and mission crucial roles in 34 nations.

KBR is proud to operate with its prospects across the world to deliver technological innovation, worth-included products and services, and lengthy- expression operations and upkeep expert services to make certain constant delivery with predictable outcomes. At KBR, We Deliver.

Visit www.kbr.com

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The statements in this push launch that are not historic statements, including statements concerning long term economical efficiency, are forward-seeking statements within just the indicating of the federal securities legal guidelines. These statements are subject matter to various dangers and uncertainties, numerous of which are over and above the firm’s handle that could trigger true benefits to differ materially from the final results expressed or implied by the statements. These threats and uncertainties contain, but are not minimal to: the significant adverse impacts on financial and industry ailments of the COVID-19 pandemic and the company’s skill to respond to the resulting difficulties and business disruption the the latest dislocation of the world-wide electrical power market place the company’s capability to control its liquidity the end result of and the publicity bordering audits and investigations by domestic and foreign federal government agencies and legislative bodies opportunity adverse proceedings by these types of agencies and likely adverse success and repercussions from this sort of proceedings adjustments in funds shelling out by the company’s consumers the company’s skill to receive contracts from current and new consumers and carry out below those people contracts structural variations in the industries in which the enterprise operates escalating costs linked with and the effectiveness of preset-cost projects and the firm’s potential to handle its value beneath its contracts promises negotiations and contract disputes with the company’s customers modifications in the demand from customers for or price tag of oil and/or normal gas safety of mental home rights compliance with environmental regulations modifications in govt regulations and regulatory necessities compliance with rules similar to earnings taxes unsettled political ailments, war and the results of terrorism foreign operations and international exchange prices and controls the progress and set up of financial programs the chance of cyber and malware assaults amplified levels of competition for staff the capacity to efficiently entire and combine acquisitions and functions of joint ventures, such as joint ventures that are not managed by the organization.

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