KBR Forms Alliance with Yokogawa - Analyst Blog
09 April 2013 - 10:40PM
Zacks
KBR, Inc. (KBR) has recently formed a new technology alliance
with Yokogawa Electric Corporation for a fertilizer automation
package (FAP).The strategic tie-up will combine KBR’s ammonia
process technology expertise with Yokogawa's high value-added
process control solutions to streamline the work process, develop
standard configurations and simplify interfaces between various
customers and suppliers.
The solution package will supplement KBR’s current portfolio of
ammonia processing and will also support the basic engineering
design package, proprietary equipment and catalyst supply.
Yokogawa is engaged in conducting research and innovation in the
areas of industrial automation and control, test and measurement,
and other business segments. Yokogawa’s CENTUM integrated
production control system, the ProSafe-RS safety instrumented
system and selected solution-based software will be used for this
purpose.
This new package is likely to benefit companies with improved
plant reliability, reduced energy consumption, reduced life-cycle
costs for plant control, increased capacity and improved operator
effectiveness in fertilizer plants.
Of late, KBR has been on a contract winning spree. Recently, the
company received a contract from Subsea 7 SA(SUBCY) to provide
topsides design for the Chevron Lianzi development project.
KBR was also chosen by Shell Canada Energy to conduct off-site
modularization and pipe fabrication at the latter’s Edmonton Module
Facility. KBR will be assisting Shell to derive the maximum
benefits from the off-site modularization by providing pipe spool
fabrication and module assembly for pipe, process, equipment and
building modules.
With continuous inflow of contract deals, KBR is well poised to
maintain a growth momentum. KBR currently carries a Zacks Rank #3
(Hold). Other stocks worth a look in the services sector are Global
Partners LP(GLP), and Chicago Bridge & Iron. (CBI), each
carrying a Zacks Rank #2 (Buy).
CHICAGO BRIDGE (CBI): Free Stock Analysis Report
GLOBAL PARTNERS (GLP): Free Stock Analysis Report
KBR INC (KBR): Free Stock Analysis Report
SUBSEA 7 SA (SUBCY): Free Stock Analysis Report
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