KBR Selected for Japanese Refinery Expansion Project
Global engineering, construction, and services firm KBRannounced 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.
The article KBR Selected for Japanese Refinery Expansion Project originally appeared on Fool.com.
Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.