KBR's Ammonia Cracking Technology Selected by Hanwha for a Hydrogen Project in Korea | KBR Stock News

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Apr 15, 2025
  • KBR (KBR, Financial) secures a second ammonia cracking technology contract with Hanwha Impact in Korea.
  • The project will feature a 214 metric tons per day hydrogen facility using KBR's H2ACT® technology.
  • This initiative supports Korea's decarbonization goals and expands KBR's footprint in the clean hydrogen market.

KBR, Inc. (KBR) has been awarded a second contract by Hanwha Impact Corporation to provide ammonia cracking technology for a clean power generation facility in Korea. This project underscores the ongoing collaboration between KBR and Hanwha Impact, further reinforcing KBR's leadership in ammonia technology. The facility is designed to produce 214 metric tons of hydrogen per day using KBR’s proprietary H2ACT® ammonia cracking technology.

The scope of the contract includes technology licensing, proprietary engineering design, equipment, and comprehensive services, all contributing to the production of clean hydrogen. This endeavor aligns with Korea's ambitious decarbonization initiatives by enhancing the country’s clean hydrogen production capacity.

KBR has a longstanding history in ammonia technology, having implemented its solutions in over 260 grassroots plants since 1944. The H2ACT® technology aims to optimize energy efficiency and minimize CO2 emissions, ensuring a reliable clean hydrogen production process. Jay Ibrahim, President of KBR Sustainable Technology Solutions, expressed appreciation for Hanwha's continued trust and highlighted the cost-efficiency enhancements the new design introduces.

As KBR continues to deliver integrated solutions globally, this contract represents a significant milestone in expanding its influence in the clean hydrogen sector, further strengthening its commitment to sustainable technology initiatives.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.