Published by Todd Bush on April 14, 2023
HOUSTON, April 13, 2023 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it has signed a memorandum of understanding (MoU) with Atlas Agro AG to license KBR's innovative K-GreeN® technology for Atlas' planned investment in a series of green nitrate plants.
>> In Other News: Enel X Way Plans to Add 2M+ EV Charging Ports in North America Across Home, Commercial and Public Charging Segments by 2030
Under the terms of the MoU, KBR will provide technology licensing, basic engineering design, proprietary equipment and catalyst for the plants, which will produce zero-carbon nitrogen fertilizers. The engineering design for the first plant located in the United States commenced in March 2023.
"We are excited to support Atlas Agro's vision of zero-carbon fertilizer production through our market leading green ammonia technology, K-GreeN," said Doug Kelly, KBR President, Technology. "We are also confident that we can drive schedule synergies across the series of plants to accelerate availability of clean ammonia globally."
"We are proud to partner with KBR and use its K-GreeN process for our green fertilizer facilities," said Petter Østbø, CEO, Atlas Agro. "Each of our green ammonia plants will produce fertilizer that will help feed nearly 16 million people and avoid global carbon emissions of more than one million tons per year."
KBR is the world leader in ammonia technology with approximately 50% market share of licensed capacity. Since 1943, KBR has licensed, engineered, or constructed over 250 grassroot ammonia plants worldwide.
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 30,000 people performing diverse, complex and mission-critical roles in 34 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.
Visit www.kbr.com
SOURCE KBR, Inc.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌿 How Montana Renewables Cut MaxSAF Capex 89% 📋 IRS Issues Notice on 45Z Clean Fuel Production Tax Credit to Support Domestic Biofuel Production and American Agriculture 🌊 Natura...
Inside This Issue 🌬️ U.S. Bank Makes First Carbon Removal Purchase with Carba's Minnesota Biochar Project 🏭 Michigan's CCS Primacy Bid Could Reshape Great Lakes Industry 🏗️ Europe's Largest Carbo...
Inside This Issue ⭐ Deep Sky Receives First Pre-Issuance DAC Rating ♻️ Casella Waste Systems and Waga Energy Bring Third RNG Facility Online at McKean Landfill 🌐 Sinopec and International Partners...
Methanol-to-Jet Clears ASTM Gate. What Changes Now?
Methanol-to-jet has crossed a critical technical gate for commercial aviation fuel. ASTM D7566-26a, the active specification updated July 30, 2026, incorporates methanol into the Annex A5 alcohol-t...
RBC Purchases Carbon Credits From Chestnut Improved Forest Management Project
NEW YORK, Sept. 9, 2026 /PRNewswire/ -- Chestnut today announced an agreement to deliver Improved Forest Management (IFM) carbon credits to RBC, a leading global financial institution. IFM practic...
LOTTE Fine Chemical Partners With U.S. Amogy on Ammonia-Based Clean Energy
LOTTE Fine Chemical (004000) has signed a memorandum of understanding with Amogy, a U.S. developer of ammonia-based hydrogen production and power generation systems, to cooperate on clean energy pr...
Largest Carbon Capture Project in Canada Set to Open in January
Takeaways Canada's largest carbon capture and storage project is set to begin operation in January as the country moves to spur investment in the emissions reduction technology. Enhance Energy's ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.