KBR Wins Largest MEA Ammonia License for SABIC's Jubail Fertilizer Complex
KBR sits 17% above its 52-week low of $29.94.
Summary
KBR's Purifier ammonia technology has been selected by SABIC Agri-Nutrients for a new 3,500 MTPD single-train ammonia plant in Jubail, Saudi Arabia. The contract covers technology licensing, basic engineering design, proprietary equipment, and catalyst supply, with Samsung E&A as EPC contractor. The plant will produce 1.2 million metric tons of ammonia annually and boost SABIC AN's urea capacity from 4.8 to 7.4 million metric tons per year. This is KBR's largest ammonia license by capacity in the Middle East and Africa, and its second large-scale single-train ammonia award of 2026. The award reinforces KBR's position in large-scale fertilizer projects and supports Saudi Arabia's Vision 2030 industrial goals.
Updates
· Wiseek News — KBR will supply basic design, equipment and catalysts for the 3,500 MTPD plant supporting ~1.2M tpa ammonia and SABIC AN's urea expansion.
At the time of this announcement, KBR was trading at $35.10 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $4.4B. The 52-week trading range was $29.94 to $48.33. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.