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Stock Market & Financial Investment News

News Breaks
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.
News For KBR From The Last 14 Days
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October 31, 2014
08:16 EDTKBRKBR awarded $50M NAVFAC job order construction contract
KBR announced that it has been awarded an indefinite-delivery/indefinite quantity job order construction contract by the Naval Facilities Engineering Command Europe Africa Southwest Asia for the largest U.S. base in Africa. This contract award is the second recent contract awarded to KBR by NAVFAC to support military operations at Camp Lemonnier in Djibouti, Africa. KBR is currently performing operations and maintenance services under the Base Operations Support Services contract. Under the terms of the contract, KBR will perform renovations, repairs, maintenance, replacement, alterations, demolition and small/midcap construction for Department of Defense activities in Djibouti, Africa. The value of the contract awarded to KBR is valued up to $50M over five years.
October 30, 2014
08:16 EDTKBRKBR awarded FEED contract for Tangguh LNG Project expansion
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October 23, 2014
09:15 EDTKBRKBR awarded Statoil global MSA
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