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Stock Market & Financial Investment News

News Breaks
July 2, 2014
10:34 EDTKBRAnalyst believes KBR sale possible, The Deal reports
D.A. Davidson analyst John Rogers said an outright sale of KBR is "not farfetched," saying a larger player such as SNC-Lavalin Group might step in to buy the whole company, though also noting that KBR will will focus first on divesting non-core or underperforming assets, reported The Deal. Reference Link
News For KBR From The Last 14 Days
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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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