KBR announced that it has been awarded a technology licensing contract by Hyundai Engineering and Técnicas Reunidas for PKN ORLEN’s Petrochemical Development Program in Plock, Poland.
Under the terms of the contract, KBR will provide technology license, basic engineering design, and proprietary equipment for its leading ethylene technology, Selective Cracking Optimum Recovery (SCORE™), for PKN ORLEN’s Olefins Complex III Project. This is Europe’s largest petrochemical project in 20 years.
“KBR is privileged to be selected as the ethylene technology licensor for this ambitious project and contribute to PKN ORLEN’s growth and sustainability objectives,” said Doug Kelly, KBR President, Technology. “SCORE continues to lead the industry in delivering the highest yields and operational flexibility, while minimizing the carbon footprint.”
KBR has been a leader in olefins technology development, plant design for over 50 years. We have licensed more than 100 grassroot ethylene plants utilizing our cost-effective and energy-efficient cracking technologies to produce ethylene, propylene and other valuable byproducts from a variety of feedstocks.
About KBR
KBR (NYSE: KBR) delivers science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 29,000 people worldwide with customers in more than 80 countries and operations in 40 countries.
KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
About PKN ORLEN
PKN ORLEN is a Polish company and one of Central Europe’s largest refiners of crude oil. We specialize in processing crude oil into world-class unleaded petrol, diesel, heating oil, and aviation fuel as well as plastics and other petroleum related products.
We hold licences for onshore and offshore oil and gas exploration throughout the country. One of our shared priorities is to appraise and exploit natural gas from unconventional plays. Our adopted development direction is to transform PKN ORLEN into a multiutility complex with a foothold in the power generation business.
About Hyundai Engineering
Hyundai Engineering (HEC), established in 1974, has core competency covering overall project life cycle comprised of feasibility study, basic & detailed design, procuring, commissioning and operation & maintenance and has been acknowledged for its extensive experience and accumulated technologies over the world.
Furthermore HEC is now providing comprehensive engineering & construction solutions for plant and infrastructure projects including building and housing work. HEC will continue keeping its incomparable stature as a leading global company by increasing customer value with exceptional efforts and better service.
About Técnicas Reunidas
Spanish company Técnicas Reunidas is one of the most important companies in its sector on an international scale, with a presence in 25 countries and a track record of more than 1.000 industrial plants throughout its 60 years of experience.
It´s business is mainly focused on the implementation of engineering projects, development of industrial plants for clean fuels and petrochemical products, production and processing of natural gas, and the promotion of engineering technologies of low carbon emissions such as a green hydrogen, CO2 sequestering and capture, biofuels, waste recovery, etc.
It has more than 7.500 employees, most of these are highly qualified engineers, and its revenues reached 3.5 billion euros in 2020.