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KBR and SK Energy Form Joint Venture

11:20 PM MDT | June 30, 2010 | Deepti Ramesh

KBR (Houston, TX) says it has formed a joint venture with SK Energy (Seoul) dubbed SK-KBR Technologies, and SK-KBR will have exclusive worldwide rights to market and license SK Energy’s petrochemical and related process technologies on a global scale. “This agreement extends KBR Technology’s portfolio in the petrochemical market and signifies our firm commitment to growth in this market segment,” says Tim Challand, president of KBR Technology. “This is a good opportunity to bring together each company's strength to the global...

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