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February 14, 2013
16:56 EDTKBRKBR wins license and design package for Bolivia fertilizer project
KBR announced it was awarded a contract by Samsung Engineering Company to provide a technology license, basic engineering design package, and supply of proprietary equipment for a 1,200 MTPD ammonia fertilizer plant in Carrasco, Bolivia. The fertilizer ammonia complex will be designed using KBR's Purifier Technology. This project is part of the Bolivian government's strategic initiatives for monetization of natural gas and demand for urea in the region, with production operations expected to begin in mid-2015.
News For KBR From The Last 14 Days
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April 1, 2015
16:16 EDTKBRKBR, SEC resolve questions regarding confidentiality agreement
The Securities and Exchange Commission announced a settlement of its examination into KBR's use of confidentiality statements. KBR has agreed to resolve this matter amicably with the SEC and "appreciates the concerns raised about the language in its confidentiality agreement," the company stated. "The SEC's order acknowledges that it is not aware of KBR having ever prevented anyone from reporting to the SEC nor has the company taken any action to enforce the agreement and that is because we have never done so. We are pleased to have amicably resolved this matter and look forward to putting it behind us," said Stuart Bradie, KBR President and CEO. As reported earlier, KBR agreed to pay a $130,000 penalty to settle the SECís charges and the company voluntarily amended its confidentiality statement by adding language making clear that employees are free to report possible violations to the SEC and other federal agencies without KBR approval or fear of retaliation.
10:51 EDTKBRKBR pays $130,000 to settle SEC whistleblower protection case
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March 27, 2015
16:25 EDTKBRKBR, SOCAR announce new engineering JV in Azerbaijan
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