KBR acquires Chematur subsidiaries in US, Germany Finland

KBR acquires Chematur subsidiaries in US, Germany and Finland

10:10 AM, 14th January 2016
KBR acquires Chematur subsidiaries in US, Germany and Finland
Stuart Bradie, president and CEO, KBR. (File photo)

HOUSTON, US: KBR Inc said that it has acquired Weatherly Inc (Weatherly), Plinke GmbH (Plinke), and Chematur Ecoplanning Oy (Ecoplanning) from Chematur Technologies AB, owned by Connell Chemical, for $24.5 million.

Weatherly is a North American-based company with extensive experience providing nitric acid and ammonium nitrate proprietary technologies and services to the fertilizer market. With the acquisition of Weatherly, KBR is uniquely positioned as a top global provider of fertilizer technologies and life cycle services offerings combined with market-leading ammonia solutions. Weatherly has an installed base of 80 nitric acid plants worldwide with approximately 30 percent market share of installed plants.

Plinke is a German-based company specializing in proprietary technology and specialist equipment for the purification and concentration of inorganic acids used or produced in hydrocarbon processing facilities worldwide. Ecoplanning, based in Finland, offers proprietary evaporation and crystallization technologies and specialist equipment for weak acid and base solutions.

Plinke and Ecoplanning’s plants and solutions expand KBR’s technology portfolio and can be delivered across KBR’s refining, petrochemical and fertilizer platforms and provide opportunities for KBR to complement key value-added services to an expanded base of clients globally.

“KBR can more fully serve our clients’ fertilizer complex solution requirements, as well as expanding our consulting and technical services to improve plant performance throughout the plant's lifecycle. KBR’s ammonia and Weatherly’s fertilizer capabilities result in a powerful combination of industry-leading technologies, while Plinke, Ecoplanning enhance the scope of KBR’s technology solutions across expanded platforms,” said Stuart Bradie, president and CEO, KBR.

“KBR sees great opportunity to extend these technologies outside North America to new customers and in revamping units of the existing customer base globally, leveraging KBR’s global sales team and EPC capabilities,” said Bradie.

“We chose these companies, all with over 50 years of experience and hundreds of plants worldwide, based on their track record of superior performance, market reputation, unique technologies and proven delivery capability to augment KBR’s existing technologies and extend our scope in markets we now serve and beyond,” he added.

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