KBR announced today it has been awarded a license and engineering design contract by Hanwha Impact Corporation for the world’s first commercial ammonia cracking unit using KBR’s leading H2ACTSM technology in Daesan, Republic of Korea. In this largest capacity ammonia cracking plant announced to date, clean hydrogen will serve a planned power plant in Daesan, … Read more
KBR announced it has been awarded a dual-pressure nitric acid technology contract by Hanwha Corp. for its new plant at Yeosu, South Korea. Under the terms of the contract, KBR will provide license, basic engineering design, and technical support to Hanwha for a 1,200 metric tons per day dual pressure nitric acid plant. Nitric acid … Read more
Hanwha Group is seeking to acquire a 50% in an ethane cracking center (ECC) of Sasol’s Lake Charles complex in Louisiana, according to a Business Korea report. The acquisition is estimated to cost around 3.4 billion, according to industry sources. Hanwha Group has reinforced its financial power with support from local financial firms. Hanwha Solutions … Read more