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KBR acquires three engineering subsidiaries of Chematur Technologies

With the acquisition of Ecoplanning, Plinke and Weatherly from Chematur, KBR can improve its services to fertiliser industry and expand its consulting and technical services

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BS B2B Bureau Houston, Texas (USA)
Last Updated : Jan 14 2016 | 2:50 PM IST
KBR Inc, the US-based engineering, procurement, and construction (EPC) company, has acquired Weatherly Inc, Plinke GmbH, and Chematur Ecoplanning Oy from Chematur Technologies AB, owned by Connell Chemical, for about $ 24.5 million.
 
Weatherly is a North American-based company with extensive experience providing nitric acid and ammonium nitrate proprietary technologies and services to the fertiliser market. For more than five decades, Weatherly has designed, engineered and constructed these integral processes in fertiliser complexes worldwide. With the acquisition of Weatherly, KBR is uniquely positioned as a top global provider of fertiliser technologies and life cycle services offerings combined with market-leading ammonia solutions.
 
The Germany-based Plinke specialises in proprietary technology and specialist equipment for the purification and concentration of inorganic acids used or produced in hydrocarbon processing facilities worldwide. Ecoplanning, based in Finland, offers proprietary evaporation and crystallisation technologies and specialist equipment for weak acid and base solutions. Plinke and Ecoplanning's plants and solutions expand KBR's technology portfolio and can be delivered across KBR's refining, petrochemical and fertiliser platforms and provide opportunities for KBR to complement key value-added services to an expanded base of clients globally.
 
"Through these acquisitions, KBR can more fully serve our clients' fertiliser complex solution requirements, as well as expanding our consulting and technical services to improve plant performance throughout the plant's lifecycle. KBR's ammonia and Weatherly's fertiliser capabilities result in a powerful combination of industry-leading technologies and Plinke and Ecoplanning enhance the scope of KBR's technology solutions across expanded platforms," said Stuart Bradie, president and CEO of KBR.

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First Published: Jan 14 2016 | 2:48 PM IST

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