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KBR's Purifier Process to Help Build NCIC's Fertilizer Complex
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KBR, Inc.’s (KBR - Free Report) Purifier ammonia technology is ready to assist Wuhuan Engineering Co. Ltd. in the expansion of El Nasr Company’s Intermediate Chemicals' (NCIC) fertilizer complex in Egypt.
With its solid project execution efforts, KBR will offer the technology license, proprietary engineering design and proprietary equipment for NCIC's 1,200 metric tonnes per day ammonia plant.
KBR’s technicians will help El Nasr Company to grow in the fertilizer sector with the help of its leading Purifier ammonia technology. The Purifier technology is an energy-efficient and reliable solution for ammonia producers. It also helps customers meet their sustainability goals in a cost-effective manner.
Image Source: Zacks Investment Research
Shares of this Zacks Rank #3 (Hold) company have gained 17.9% in the past three months compared with the Zacks Engineering - R and D Services industry’s 21.2% growth. KBR’s earnings estimate for 2024 reflects 10% year-over-year growth.
KBR’s Low-Carbon Ammonia Offerings Bode Well
Since 1943, KBR has licensed, engineered and constructed more than 250 grassroot ammonia plants worldwide, capturing approximately 50% of the market share of licensed capacity. The determination to lower emissions, achieve product diversification and energy efficiency and develop more sustainable technologies and solutions has been driving KBR’s performance.
To expand its low-carbon ammonia offerings for the energy transition, KBR has been working on multiple contracts. In January, its blue ammonia technology won a large, commercial-scale clean ammonia production and export project in the U.S. Gulf Coast. This project, provided by Tokyo-based INPEX Corporation and Oklahoma City-based LSB Industries, is designed to capture carbon while maximizing yield.
Earlier, in November 2023, the Purifier ammonia technology won a contract to support South Sumatera Province of Indonesia for the PT Pupuk Sriwidjaja Palembang’s (Pusri) planned 3B Ammonia Plant.
The demand for the company’s technologies across ammonia for food production, olefins for non-single-use plastics, refining for product diversification and greener solutions to meet tighter environmental standards has been strong. A strategic shift to IP-enabled maintenance is also gaining traction, and KBR’s advisory portfolio continues to see increasing activity, particularly in the energy transition.
KBR has been gaining from the rising global importance of national security, energy security, energy transition and climate change. It has been benefiting from high-end and differentiated government business work, strong margin performance, technology and consulting services.
KBR's determination to reduce emissions, diversify products, improve energy efficiency and implement more sustainable technologies and solutions have been driving its performance.
The Zacks Consensus Estimate for WLDN’s 2024 sales and earnings per share (EPS) indicates growth of 3.9% and 3.4%, respectively, from the year-ago levels.
Sterling Infrastructure, Inc. (STRL - Free Report) presently sports a Zacks Rank #1. Sterling Infrastructure has a trailing four-quarter earnings surprise of 20.4%, on average.
The Zacks Consensus Estimate for STRL’s 2024 sales and EPS indicates a rise of 11.7% and 11.4%, respectively, from the prior-year levels.
Altair Engineering Inc. (ALTR - Free Report) currently carries a Zacks Rank #2 (Buy). ALTR delivered a trailing four-quarter earnings surprise of 107%, on average.
The Zacks Consensus Estimate for ALTR’s 2024 sales and EPS indicates growth of 8.5% and 13.3%, respectively, from the prior-year reported levels.
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KBR's Purifier Process to Help Build NCIC's Fertilizer Complex
KBR, Inc.’s (KBR - Free Report) Purifier ammonia technology is ready to assist Wuhuan Engineering Co. Ltd. in the expansion of El Nasr Company’s Intermediate Chemicals' (NCIC) fertilizer complex in Egypt.
With its solid project execution efforts, KBR will offer the technology license, proprietary engineering design and proprietary equipment for NCIC's 1,200 metric tonnes per day ammonia plant.
KBR’s technicians will help El Nasr Company to grow in the fertilizer sector with the help of its leading Purifier ammonia technology. The Purifier technology is an energy-efficient and reliable solution for ammonia producers. It also helps customers meet their sustainability goals in a cost-effective manner.
Image Source: Zacks Investment Research
Shares of this Zacks Rank #3 (Hold) company have gained 17.9% in the past three months compared with the Zacks Engineering - R and D Services industry’s 21.2% growth. KBR’s earnings estimate for 2024 reflects 10% year-over-year growth.
KBR’s Low-Carbon Ammonia Offerings Bode Well
Since 1943, KBR has licensed, engineered and constructed more than 250 grassroot ammonia plants worldwide, capturing approximately 50% of the market share of licensed capacity. The determination to lower emissions, achieve product diversification and energy efficiency and develop more sustainable technologies and solutions has been driving KBR’s performance.
To expand its low-carbon ammonia offerings for the energy transition, KBR has been working on multiple contracts. In January, its blue ammonia technology won a large, commercial-scale clean ammonia production and export project in the U.S. Gulf Coast. This project, provided by Tokyo-based INPEX Corporation and Oklahoma City-based LSB Industries, is designed to capture carbon while maximizing yield.
Earlier, in November 2023, the Purifier ammonia technology won a contract to support South Sumatera Province of Indonesia for the PT Pupuk Sriwidjaja Palembang’s (Pusri) planned 3B Ammonia Plant.
The demand for the company’s technologies across ammonia for food production, olefins for non-single-use plastics, refining for product diversification and greener solutions to meet tighter environmental standards has been strong. A strategic shift to IP-enabled maintenance is also gaining traction, and KBR’s advisory portfolio continues to see increasing activity, particularly in the energy transition.
KBR has been gaining from the rising global importance of national security, energy security, energy transition and climate change. It has been benefiting from high-end and differentiated government business work, strong margin performance, technology and consulting services.
KBR's determination to reduce emissions, diversify products, improve energy efficiency and implement more sustainable technologies and solutions have been driving its performance.
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Willdan Group, Inc. (WLDN - Free Report) currently sports a Zacks Rank #1 (Strong Buy). WLDN delivered a trailing four-quarter average earnings surprise of a whopping 886.3%. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for WLDN’s 2024 sales and earnings per share (EPS) indicates growth of 3.9% and 3.4%, respectively, from the year-ago levels.
Sterling Infrastructure, Inc. (STRL - Free Report) presently sports a Zacks Rank #1. Sterling Infrastructure has a trailing four-quarter earnings surprise of 20.4%, on average.
The Zacks Consensus Estimate for STRL’s 2024 sales and EPS indicates a rise of 11.7% and 11.4%, respectively, from the prior-year levels.
Altair Engineering Inc. (ALTR - Free Report) currently carries a Zacks Rank #2 (Buy). ALTR delivered a trailing four-quarter earnings surprise of 107%, on average.
The Zacks Consensus Estimate for ALTR’s 2024 sales and EPS indicates growth of 8.5% and 13.3%, respectively, from the prior-year reported levels.