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Mura and KBR Announce Licensing Agreement with GS Caltex

18 October 2022

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Mura Technology and KBR announced today that they have won a contract from GS Caltex for their planned plastics circularity project in South Korea.

Based on KBR and Mura’s Hydro-PRT™ process, the 50 kTA unit will convert waste plastics into raw materials for conversion into new plastics, achieving total circularity.

“We are thrilled to support GS Caltex in their effort to integrate circularity in their value chain,” said Doug Kelly, KBR President, Technology. “Hydro-PRT is positioned to play a pivotal role in KBR’s effort to help our clients’ ESG objectives through our sustainability platform.”

“Along with KBR, I am pleased to support GS Caltex in its endeavor to establish early leadership in plastics circularity,” said Dr. Steve Mahon, CEO of Mura Technology. “Our differentiated, proven, and scalable Hydro-PRT process is designed to enable companies to achieve their ESG goals and we are excited to work with the team of GS Caltex for the same.”

“Deploying KBR’s plastics recycling technology, offered in alliance with Mura, marks one of the key factors for us at GS Caltex towards meeting our circularity targets. With this contract we move a step ahead in the sustainable and green technology sector by establishing a greener facility,” said Woo Jin Choi, Vice President of GS Caltex.

KBR has been a leader in process technology development, commercialisation, and plant design solutions for over 50 years. In early 2021, KBR entered into an alliance to become Mura Technology’s exclusive licensing and delivery partner and together, KBR and Mura have been awarded numerous license awards and feasibility studies related to plastics recycling.

 

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission critical roles in 34 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

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