KBR and Petron Scientech Inc Sign Alliance Agreement to License Sustainable Technologies
HOUSTON, Aug. 3, 2021 /PRNewswire/ -- KBR (NYSE: KBR) and Petron Scientech Inc. (PSI) announced today that they have signed an alliance agreement to license differentiated, energy-efficient, and sustainable technologies for renewable chemicals production.
- HOUSTON, Aug. 3, 2021 /PRNewswire/ -- KBR (NYSE: KBR) and Petron Scientech Inc. (PSI) announced today that they have signed an alliance agreement to license differentiated, energy-efficient, and sustainable technologies for renewable chemicals production.
- PSI has developed these technologies over the past 30 years and is recognized as a leader in renewable ethanol and ethylene value chains and biorefineries.
- KBR will license these technologies and provide engineering services for new biorefineries as well as integrating the technologies in existing refineries and petrochemical plants to offer sustainable alternatives.
- "We are excited to announce the alliance agreement with PSI for these differentiated ethanol and ethylene value chain technologies," said Doug Kelly, KBR President, Technology.