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Stock Market & Financial Investment News

News Breaks
July 9, 2014
08:50 EDTKBRKBR awarded contract to construct production facility for Purdue Pharma
KBR announced that KBR Building Group, a subsidiary within KBR's Services Group, has been awarded a contract by Purdue Pharma Manufacturing L.P. to build a new Oral Solid Dosage manufacturing plant in Durham, N.C. The 188,000-square-foot, steel-framed facility is being constructed on a 51-acre site in Treyburn Corporate Park in Durham. Production areas will feature clean room spaces with epoxy flooring, and epoxy painted walls and ceilings. The building will also house administrative offices, laboratories and associated support areas, such as dining, conference, and training areas.
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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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