When a world leader in ammonia production, secures Hazer on board as its green alternative to its dirty SMR hydrogen production module, it is meaningful
KBR can both retrofit to futureproof their existing plants and sell into greenfield installations
From the announcement
"KBR – A Global Leader in Technology Licensing KBR is a world-renowned engineering and technology company delivering engineering and cutting-edge technology licensing solutions to companies and governments across energy, chemicals, infrastructure and defence. KBR has licensed over 260 grassroots ammonia plants since 1943. Over 50% of the world’s ammonia is produced using KBR’s ammonia process."
One more tick on the progression towards commercial reward
HZR Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
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