Shell Global Solutions and KBR Announce Hydroprocessing Technology Alliance Agreement
21 June 2011 - 11:05PM
Business Wire
KBR (NYSE: KBR) and Shell Global Solutions International B.V.
(NYSE: RDS.A) today announced the formation of a new alliance in
which KBR will market, sell and provide technology and design
packages with Shell Global Solutions on hydroprocessing solutions
worldwide.
Refiners use hydroprocessing technologies to help meet the most
stringent product specifications and emissions legislation,
maximizing the value from bottom of the barrel processing, while
enjoying the higher unit availability of owner/operator developed
technology. With KBR and Shell as leading licensors in the refining
industry, this alliance combines the companies’ core technology and
processing strengths to provide customers with quality and
competitive hydroprocessing solutions.
The agreement is effective immediately and allows KBR the
opportunity to bring Shell’s robust technology solutions to clients
across the globe.
“This agreement is consistent with KBR Technology’s growth
strategy for our bottom of the barrel refining technologies. The
strength of this alliance lies in the synergies between KBR’s
technology and engineering expertise and Shell’s catalyst and
operations experience. We look forward to pursuing commercial
opportunities for Shell’s hydroprocessing technologies
immediately,” said John Derbyshire, President, KBR Technology.
“Shell Global Solutions is committed to its global alliances and
to providing customers with cost effective solutions designed
according to their needs. Through our alliance with KBR, we are
demonstrating our long term commitment to providing high quality,
innovative technology to the refining industry,” said Dave Clark,
General Manager, Process Licensing, Shell Global Solutions
International B.V.
KBR is a global engineering, construction and services company
supporting the energy, hydrocarbon, government services, minerals,
civil infrastructure, power, industrial, and commercial markets.
For more information, visit www.kbr.com.
Shell Global Solutions is a network of independent technology
companies in the Shell Group which provide technical consultancy
and licensed technologies for both the Shell Group and third party
customers within the energy industry. In response to the
significant challenges facing the industry today, Shell Global
Solutions strives to deliver innovative technical solutions and
effective technology to support its customers in their day-to-day
operations and delivery of strategic plans. This enables customers
to improve the capacity and performance of existing units;
integrate new process units into existing refineries and
petrochemical complexes; incorporate advanced catalyst systems and
reactor internals; through to the design of grassroots refineries.
More information on Shell Global Solutions is available at
www.shell.com/globalsolutions
Shell Global Solutions is affiliated with Shell’s catalyst
companies which innovate and sell catalysts through a network that
includes Criterion Catalysts & Technologies, Zeolyst
International, CRI Catalyst Company and CRI KataLeuna. More
information on the CRI/Criterion Catalysts and Technologies group
is available at: http://www.cricatalyst.com and
http://www.criterioncatalysts.com.
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