KBR, Inc. (
) has recently formed a new technology alliance with Yokogawa
Electric Corporation for a fertilizer automation package
(FAP).The strategic tie-up will combine KBR's ammonia process
technology expertise with Yokogawa's high value-added process
control solutions to streamline the work process, develop
standard configurations and simplify interfaces between various
customers and suppliers.
The solution package will supplement KBR's current portfolio
of ammonia processing and will also support the basic engineering
design package, proprietary equipment and catalyst supply.
Yokogawa is engaged in conducting research and innovation in
the areas of industrial automation and control, test and
measurement, and other business segments. Yokogawa's CENTUM
integrated production control system, the ProSafe-RS safety
instrumented system and selected solution-based software will be
used for this purpose.
This new package is likely to benefit companies with improved
plant reliability, reduced energy consumption, reduced life-cycle
costs for plant control, increased capacity and improved operator
effectiveness in fertilizer plants.
Of late, KBR has been on a contract winning spree. Recently,
the company received a contract from Subsea 7 SA(
) to provide topsides design for the Chevron Lianzi development
KBR was also chosen by Shell Canada Energy to conduct off-site
modularization and pipe fabrication at the latter's Edmonton
Module Facility. KBR will be assisting Shell to derive the
maximum benefits from the off-site modularization by providing
pipe spool fabrication and module assembly for pipe, process,
equipment and building modules.
With continuous inflow of contract deals, KBR is well poised
to maintain a growth momentum. KBR currently carries a Zacks Rank
#3 (Hold). Other stocks worth a look in the services sector are
Global Partners LP(
), and Chicago Bridge & Iron. (
), each carrying a Zacks Rank #2 (Buy).
CHICAGO BRIDGE (CBI): Free Stock Analysis
GLOBAL PARTNERS (GLP): Free Stock Analysis
KBR INC (KBR): Free Stock Analysis Report
SUBSEA 7 SA (SUBCY): Free Stock Analysis
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