KBR to Deliver World-class Maintenance for International Paper
HOUSTON -- October 1, 2013
KBR (NYSE: KBR) announced today that it has been awarded a contract by
International Paper to provide total maintenance services for one of Russia’s
most productive paper mills located in Svetogorsk, Russia. The undisclosed
contract value will be booked into backlog in KBR’s third quarter of 2013.
For nearly a decade, KBR has provided a full range of total maintenance
services to increase production and reliability of the Svetogorsk mill. This
contract is for three years with the option to renegotiate commercial terms
after the first year.
“KBR recognizes that delivering maintenance excellence and reliability
improvement is essential to the long-term success of the Svetogorsk mill and
we are committed to further strengthening our client’s market position and
world-class performance,” said Darrell Hargrave, President, Industrial
Services, KBR. “Over the years of working with International Paper, we have
built an exceptionally solid relationship and KBR is delighted to continue
KBR is a global engineering, construction and services company supporting the
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government services and commercial markets. For more information, visit
Zac Nagle, 713-753-5082
Investor Relations and Communications
Media Relations Hotline: 713-753-3800
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