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KBR Selected for Japanese Refinery Expansion Project

Global engineering, construction, and services firm KBR (NYSE: KBR  ) announced today that JX Nippon Oil and Energy again selected KBR's ROSE technology for the Kashima refinery expansion project in Japan. This award marks the second ROSE unit for JX, and the technology is expected to significantly enhance the profitability of the refinery.

ROSE technology. Source: KBR.

The ROSE technology, or residuum oil supercritical extraction, is a very efficient solvent-extraction option for recovering higher value products from resids that will make it possible to separate large amounts of deasphalted oil, or DAO, from residue feed. DAO from the ROSE units contain the lowest possible quantities of asphaltene, which helps in reducing catalyst consumption and will improve performance of the downstream hydroprocessing units.

Commenting on the second time the ROSE technology is being deployed at the Mizushma refinery, KBR Technology President John Derbyshire said he was "confident that our technology design will deliver greater production capacity, enhance profitability of the refinery and enable JX Corp. to achieve its strategic business objectives."

Financial details of the arrangement were not disclosed.

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Rich Duprey

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.

Having made the streets safe for Truth, Justice and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. So follow me on Facebook and Twitter for the most important industry news in retail and consumer products and other great stories.


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11/25/2015 4:04 PM
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