HOUSTON--(BUSINESS WIRE)--KBR (NYSE:KBR) announced today that a division of its Services Business Unit, BE&K, has been awarded a contract by ADA-ES, Inc. (NASDAQ:ADES) for the construction of its Red River Activated Carbon Plant located in Red River Parish, Louisiana. The contract is valued at more than $232 million.
Under the contract, BE&K will provide full engineering, procurement and construction (EPC) services for ADA-ES' newest plant. Work on the project will begin immediately. The award marks the third major contract award for KBR Services since its acquisition of BE&K in July 2008.
"This award allows KBR to showcase its expertise in the reduction of air emissions from coal fired power plants, a market which is anticipated to grow exponentially in the future," said David Zimmerman, President of KBR Services. "The partnership between KBR and ADA-ES allows leaders in their respective industries to come together to build a premier, environmentally acceptable facility in an emerging market."
ADA-ES is a leader in clean coal technology and associated specialty chemicals. The company develops and implements proprietary environmental technology and specialty chemicals that enable coal-fueled power plants to enhance existing air pollution control equipment, maximize capacity and improve operating efficiencies.
BE&K, a division of KBR Inc., offers a full spectrum of construction, engineering, and maintenance services to clients in capital-intensive industries worldwide.
KBR is a global engineering, construction and services company supporting the energy, petrochemicals, government services and civil infrastructure sectors. The company offers a wide range of services through its Downstream, Government and Infrastructure, Services, Technology, Upstream and Ventures business segments. For more information, visit www.kbr.com.
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