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Stock Market & Financial Investment News

News Breaks
June 10, 2014
18:41 EDTKBRKBR appoints Stuart Bradie as CEO
KBR announced that Stuart Bradie has assumed the role of President and CEO for KBR. Bradie has more than 25 years of industry experience and joins KBR from WorleyParsons, where he held the position of Group Managing Director - Operations and Delivery. In that role, Bradie led the Group's global operations, project delivery and assurance. He was previously Managing Director responsible for operations in Europe, Africa, Asia and the Middle East.
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August 21, 2014
08:10 EDTKBRKBR awarded EPC contract for new HDPE facility in La Porte, Texas
KBR announced it has been awarded a contract from Gemini HDPE, a manufacturing joint venture between INEOS Olefins & Polymers USA and Sasol, to provide engineering, procurement, and construction, or EPC, services for a new high-density polyethylene, or HDPE, facility to be located at INEOS's Battleground Manufacturing Complex in La Porte, Texas. The new facility is designed to produce 470 kilotons per annum of bimodal HDPE using Innovene S process technology licensed from INEOS Technologies. The new, single-train facility will include new polymerization, pelletization, and railcar load-out facilities, plus upgrades to existing utilities and infrastructure.

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