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FOR IMMEDIATE RELEASE: November 8, 2004
KBR AND EXXONMOBIL'S FLUID CATALYTIC CRACKING TECHNOLOGY
SELECTED BY PETROBRAS
HOUSTON, Texas – KBR has been awarded a license for a second catalyst cooler for Petrobras' Residual Fluid Catalytic Cracking (FCC) Unit in its Capuava (RECAP) refinery located in Sao Paulo, Brazil. The catalyst cooler installations provide Petrobras the flexibility to process more contaminated, lower cost atmospheric residue feedstocks in their newest FCC units. Petrobras previously licensed the same technology from KBR for six catalyst coolers at three refinery locations in Brazil. KBR is the engineering and construction subsidiary of Halliburton (NYSE:HAL).
"KBR has been a longtime leader in developing and supplying FCC technology to the refining industry," said Tim Challand, KBR's vice president of technology. "The processes we've developed through our alliance with ExxonMobil have allowed us to address many of the challenges facing FCC operators today. We are pleased to continue our relationship with Petrobras and to further expand the use of our strong, proven FCC technology in the Brazilian market."
FCC catalyst cooling is part of a technology portfolio offered by KBR and ExxonMobil Research and Engineering Company (EMRE) through their FCC technology, development, marketing and engineering alliance. This combines the considerable design, development and operational experience of these two companies, which were instrumental in the creation of fluid catalytic cracking in the early 1940's, and provides state-of-the-art technology and design with both a design contractor's and refiner's perspective. Performance and cost effectiveness are combined with safety, operability and reliability to give petroleum refiners a competitive edge in today's markets.
EMRE is the research and engineering arm of Exxon Mobil Corporation, a leading global oil, natural gas and petrochemicals company whose subsidiaries have operations in approximately 200 countries and territories. Additional information regarding ExxonMobil and technologies it licenses can be found at http://www.exxonmobil.com/refiningtechnologies.
KBR is a global engineering, construction, technology and services company. Whether designing an LNG facility, serving as a defense industry contractor or providing capital construction, KBR delivers world class service and performance. KBR employs more than 60,000 people in 43 countries around the world.
Currently celebrating its 85th anniversary, Halliburton is one of the world's largest providers of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services and Engineering and Construction Groups. The company's World Wide Web site can be accessed at www.halliburton.com.
Contact
Jennifer W. Dellinger
jennifer.dellinger@halliburton.com
Halliburton Public Relations
(p) 713.753.2092
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