SABIC Fujian Petrochemicals Partners with KBR for Phenol Technology in New Venture

On 22 April 2024, KBR revealed that it secured a contract from SABIC Fujian Petrochemicals to utilize KBR's top-tier phenol technology in China. As per the agreement, KBR will offer technology licensing and exclusive engineering design for a 250 KTA phenol facility at SABIC's Fujian Petrochemical Complex. The project's final investment decision was disclosed in January 2024, aiming for completion by FY 2026. KBR's phenol technology presents a sustainable and distinctive solution by cutting energy consumption and enhancing yields.

"We are thrilled to provide SABIC Fujian with our cutting-edge phenol technology for this significant project in China," expressed Jay Ibrahim, President of KBR Sustainable Technology Solutions. "KBR's top-notch phenol technology enhances our clients' competitive edge and furthers their sustainability goals by delivering superior efficiency, reliability, wastewater recovery, and performance."

KBR, a worldwide technology licensor, has been providing its premier phenol technology for over six decades, successfully executing over 50 phenol projects across the globe.

KBR is a prominent provider of science, technology, and engineering solutions to governments and businesses worldwide. With a workforce of approximately 34,000 individuals, KBR boasts a comprehensive range of services, proprietary technologies, and seasoned expertise to tackle projects and missions across various sectors. From initial planning and design to sustainability and ongoing maintenance, KBR's staff are equipped to handle diverse challenges. Clients trust KBR to deliver exceptional results, whether deep under the sea or in the outer reaches of space. Spanning over 80 countries and operating in more than 30 nations, KBR collaborates closely with clients globally. By offering technology, value-added services, and ongoing operations and maintenance support, KBR ensures reliable and consistent outcomes for its clientele. The company's ability to deliver innovative solutions and address complex challenges has earned it a reputation as a trusted partner in various industries.

SABIC Fujian Petrochemicals Co., Ltd. is a collaboration between SABIC Industrial Investment Company, a wholly-owned subsidiary of SABIC, and Fujian Fuhua Gulei Petrochemical Co., Ltd., which is under the ownership of Fujian Energy and Petrochemical Group. Established in 2022, SABIC Fujian Petrochemicals Co., Ltd. operates as a joint venture with SABIC holding a 51% stake, making it the majority owner. On January 22, 2024, SABIC confirmed the final investment decision for the SABIC Fujian Petrochemical Complex (Sino-Saudi Gulei Ethylene Complex Project). Construction is slated to commence this year, with completion anticipated by 2026. This project represents the largest single investment joint venture with foreign involvement in Fujian Province to date.