Industry, Logistics & Shipping

KBR, Mura win LG Chem deal for innovative plastics recycling

KBR, a leading global provider of engineering, construction, and technologies solutions, has said that along with Mura, it has secured a contract for its breakthrough plastics recycling technology, Hydro-PRTSM, from LG Chem, Korea.
 
Under the terms of the contract, KBR will provide technology licensing and engineering to implement the innovative and scalable Hydro-PRTSM technology at LG Chem's Dangjin plant.
 
Hydro-PRTSM was developed by Mura, a world leader in plastic recycling, and is licensed exclusively by KBR. Utilising supercritical steam, this technology employs a unique patented process to convert a wide range of single-use and other plastics into commercial raw materials that are used to produce new plastics, delivering a truly circular economy.
 
"We are proud to work with LG Chem to support them with their sustainability initiatives," said Doug Kelly, KBR President, Technology. "KBR is committed to helping clients realise their sustainability and ESG objectives and LG Chem's early leadership in this area is a testament to their sustainability commitment."
 
KBR has been a leader in process technology development, commercialisation, and plant design solutions for over 50 years.-- TradeArabia News Service