KBR Extends PureSAF Reach Through Singapore Aviation Fuel Project

Corporate Action
โดย Zacks Investment Research·Read original
Summary · why it matters

KBR has secured a technology licensing and Front-End Engineering Design contract for a proposed Sustainable Aviation Fuel facility being jointly developed by Keppel's Infrastructure Division and Aster Chemicals and Energy on Singapore's Jurong Island. The initial FEED phase will establish the plant's technical design, capital cost estimates and execution framework ahead of a potential final investment decision. If the project advances, the facility is expected to produce up to 100,000 tons of SAF annually using KBR's proprietary PureSAF technology, which is feedstock-flexible and designed to produce 100% drop-in sustainable jet fuel. KBR also signed a Memorandum of Intent with Keppel's Infrastructure Division to explore broader cooperation across decarbonization technologies. Following the news, KBR stock gained 1% during the trading session and an additional 2% in after-hours trading.

Impact on stocks 4

Energy Transition & Power Demand▲ · 2 stocks
KBR Inc
KBR
▲ PositiveDemandrelevance

KBR secured a technology licensing and FEED contract for a SAF facility, with potential for 100,000 tons/year SAF production using its PureSAF technology.

Artificial Intelligence▲ · 2 stocks

Off-coverage companies 2

Keppel LtdPrivate▲ Positive
Demandrelevance

Keppel's Infrastructure Division is jointly developing the SAF facility, which could produce up to 100,000 tons of SAF annually, and signed an MoU with KBR for broader decarbonization cooperation.

Aster Chemicals and EnergyPrivate▲ Positive
Demandrelevance

Aster Chemicals and Energy is a joint developer of the proposed SAF facility on Jurong Island.

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