KBR and Sumitomo Chemical Form Technology Licensing Alliance for Sustainable Propylene Oxide Production
Sumitomo Chemical's process for propylene oxide production is a unique, environmentally friendly technology that delivers minimal carbon footprint compared to other processes. With lower wastewater generation, and an optimized energy recovery system, this process ensures high propylene oxide yield, and smooth and safe plant operations.
Under the alliance, Sumitomo Chemical's innovative technology will be delivered to a global customer base, enabled by KBR's global marketing reach and engineering capabilities. Additionally, this technology is complementary to KBR's existing, leading phenol technology.
"This alliance combines KBR's proven experience in licensing sustainable chemical processes on a world scale, complemented by Sumitomo Chemical's outstanding expertise in propylene oxide production and a track record of several decades of safe, stable and reliable plant operations globally," said
"Sumitomo Chemical is proud to partner with KBR to provide this exceptional and environmentally friendly technology to clients worldwide, through which they can accelerate their sustainability goals while maximizing the value of their propylene derivatives," said Seiji Takeuchi, Sumitomo Chemical's Senior Managing Executive Officer for the Essential Chemicals & Plastics Sector. "KBR's extensive licensing and engineering expertise provides Sumitomo Chemical with a world-class partner to expand its pacesetting technology to a wider market."
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 35,000 people worldwide with customers in more than 80 countries and operations in over 30 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
About Sumitomo Chemical
Sumitomo Chemical Co., Ltd. is a
Sumitomo Chemical contributes to the accelerating transition into carbon circularity and a net zero economy by licensing an innovative array of technologies, including carbon recycling technologies, and greenhouse gas emission reduction technologies.
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https://www.sumitomo-chem.co.jp/english/
https://www.sumitomo-chem.co.jp/technology-licensing/
Forward Looking Statements
The statements in this press release that are not historical statements, including statements regarding demand, markets, commitments and technological performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, 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, uncertainties and assumptions include, but are not limited to, those set forth in the company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other
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