KBR to Provide Purifier Technology Package for First World-Scale Ammonia Plant in United States in Nearly 25 Years

  KBR to Provide Purifier Technology Package for First World-Scale Ammonia
  Plant in United States in Nearly 25 Years

Business Wire

HOUSTON -- September 10, 2012

KBR (NYSE: KBR) announced today that it has been awarded a contract by Iowa
Fertilizer Company, a wholly-owned subsidiary of Orascom Construction
Industries (OCI), to provide licensing, engineering services and proprietary
equipment for its grassroots fertilizer plant in Southeastern Iowa. The plant
will be the first world-scale ammonia plant built in the United States in
nearly 25 years.

The plant will be designed using KBR’s Purifier technology, which has
demonstrated higher reliability than conventional designs and offers the
lowest proven energy consumption in the industry. The 2,200 MTPD ammonia plant
is part of the fertilizer complex and is based upon an existing design
operating in Burrup, Australia since 2006.

”This award represents a milestone in the North American fertilizer business
and illustrates the opportunity for low natural gas prices to have a
significant impact in this industry over the next five to 10 years,” said John
Derbyshire, president, KBR Technology. “Our low energy, low capital cost, and
high reliability ammonia processes provide our clients with the flexibility
and workhorse performance they will need in order to operate in North America
and at the same time achieve and maintain a globally competitive advantage.”

“KBR’s Purifier technology has a documented track record of safe and reliable
operations while producing ammonia with the lowest energy consumption of any
technology provider in the industry, making our world-scale plant the most
competitive producer of fertilizer in the United States,” said Nasser Sawiris,
chairman and CEO of Osasco Construction Industries.

OCI is one of Egypt’s largest corporations employing more than 72,000 people
in 35 countries around the globe. The OCI Fertilizer Group owns and operates
nitrogen fertilizer plants in Egypt, the Netherlands, the United States, and
Algeria and has an international distribution platform spanning from the
Americas to Asia.

KBR is a global engineering, construction and services company supporting the
energy, hydrocarbon, government services, minerals, civil infrastructure,
power, industrial, and commercial markets. For more information, visit
www.kbr.com.

Editor notes:

KBR is the world’s leading ammonia licensor with a history of “firsts” and
“bests” unequalled in the industry. Since 1943, KBR has licensed more than 225
ammonia plants, pioneered large-scale, single-train ammonia plants, and has
introduced numerous commercially successful ammonia process technologies.

Contact:

KBR
Zac Nagle, 713-753-3625
Vice President, Investor Relations and Communications
Investors@kbr.com
or
Media Relations Hotline:
Marianne Gooch, 713-753-2092
Director, Corporate Communications
Mediarelations@kbr.com