KBR's MAGNAC® High-Concentration Nitric Acid Technology Selected for Grupa Azoty Plant in Poland

HOUSTON, Dec. 17, 2019 /PRNewswire/ -- KBR (NYSE: KBR) has been awarded a contract to utilize its proprietary PLINKE MAGNAC(®) technology to produce high concentration nitric acid at Grupa Azoty's Tarnow site in Poland.

KBR will provide basic and detailed engineering design, equipment, and related advisory services for the plant, which will be built adjacent to an existing plant that was also supplied by KBR and has been in operation since 1998.

MAGNAC is used to produce 98.5 wt% high-concentration nitric acid from fresh, weak nitric acid. KBR's proven process and patented, unique equipment design and material selection ensure plant availability and reliability to deliver a high-value product to the market.

"This contract reinforces KBR's existing relationship with Grupa Azoty," said Doug Kelly, KBR President, Technology Solutions. "We are proud to deliver well-proven solutions that will enable Grupa Azoty to achieve its business expansion goals safely, reliably and efficiently."

KBR has more than 70 years of experience in inorganics, including processes and technology solutions for crystallization, evaporation and the concentration and purification of strong inorganic acids.

The Grupa Azoty Group is a leader in the fertilizer and chemical market in Poland and one of its key players in Europe. It is the second largest EU-based manufacturer of nitrogen and compound fertilizers, and its other products, including melamine, caprolactam, polyamide, oxo alcohols, plasticisers and titanium white, enjoy an equally strong standing in the chemical sector, with a wide range of applications in various industries.

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Solutions and Energy sectors. KBR employs approximately 38,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:

    --  Government Solutions, serving government customers globally, including
        capabilities that cover the full lifecycle of defense, space, aviation
        and other government programs and missions from research and
        development, through systems engineering, test and evaluation, program
        management, to operations, maintenance, and field logistics
    --  Technology Solutions, featuring proprietary technology, equipment,
        catalysts, digital solutions and related technical services for the
        monetization of hydrocarbons, including refining, petrochemicals,
        ammonia and specialty chemicals, as well as inorganics
    --  Energy Solutions, including onshore oil and gas; LNG (liquefaction and
        regasification)/GTL; oil refining; petrochemicals; chemicals;
        fertilizers; differentiated EPC; maintenance services (Brown & Root
        Industrial Services); offshore oil and gas (shallow-water, deep-water,
        subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management
        and consulting services

KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

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SOURCE KBR, Inc.