KBR Awarded EPC Contract for Molycorp Chlor-Alkali Project
26 July 2011 - 7:15AM
Business Wire
KBR (NYSE: KBR) today announced that it has been awarded an
engineering, procurement and construction (EPC) contract by a
wholly owned subsidiary of Molycorp (NYSE: MCP) to build a new
Chlor-Alkali plant as part of Molycorp’s Project Phoenix. The
Chlor-Alkali plant construction is one of various projects that
make up Molycorp’s estimated $781 million program to reactivate the
company’s rare earth oxides (REO) mine, and expand and modernize
its flagship rare earth facility in Mountain Pass, Calif. Molycorp
is the Western hemisphere's only producer of REO.
KBR will build upon its existing global experience in chlorine
products to construct a facility implementing the Chlor-Alkali
process, an important part of the modernization of Molycorp’s rare
earth manufacturing facility.
“Rare earth oxides or ‘green elements’ are critical to enabling
the many advanced technologies on which our future depends,” said
John Quinn, President, Downstream. “We look forward to building
upon our current expertise in the Chlor-Alkali industry and
continuing our work with Molycorp on this project."
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.
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