KBR and Giammarco-Vetrocoke Sign Master Services Agreement for Carbon Capture Technology
KBR (NYSE: KBR) announced today that it has signed a master license and engineering agreement with Giammarco-Vertrocoke S.R.L. for KBR to license its carbon capture technology globally
HOUSTON, Sept. 22, 2022 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it has signed a master license and engineering agreement with Giammarco-Vertrocoke S.R.L. for KBR to license its carbon capture technology globally.
This carbon capture technology is well proven, energy efficient, flexible and can be integrated across the value chain for blue ammonia, petrochemical, and refining industries today.
"We are excited to enter into this agreement with Giammarco-Vetrocoke, as it enables us to integrate and deploy critical carbon capture solutions today to help our clients meet their sustainability targets," said Doug Kelly, KBR President, Technology. "Further, by leveraging this solution across the breadth of our portfolio, we believe we can implement smart and efficient carbon capture solutions on both existing and new projects."
"Expanding our working relationship with KBR will grow our footprint in industries globally," said Luigi Tomasi, General Manager, Giammarco-Vetrocoke. "This agreement aligns with Giammarco-Vetrocoke's mission to reduce the impact of climate change by capturing as much CO2 as possible."
