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Comment Business & Economics

KBR to license Veba Combi Cracker Technology

By Gerald Ondrey |

KBR, Inc. (Houston; www.kbr.com) has signed a Collaboration Agreement with BP (www.bp.com) to promote, market, and execute licensing and engineering services for the slurry bed residue and coal upgrading Veba Combi Cracker (VCC) Technology. VCC Technology is a hydrogen addition technology suitable for processing residuum into high-quality distillates or synthetic crude oil in the refining, upstream field upgrading and coal-to-liquids (CTL). KBR adds VCC to its robust resid technology portfolio, which will now include a full complement of solvent deasphalting, resid hydrocracking, delayed coking, resid solidification and gasification. The technology will be available for licensing globally.   “The option to convert unconventional feedstocks such as heavy oil and coal will be key in meeting transport fuel demand for the next 25 years," says Iain Conn, CEO BP Refining & Marketing. "VCC is a highly competitive process for maximizing transport fuel yield from heavy oil and coal. We are very pleased to be collaborating with KBR on the use of VCC to maximize liquid fuel yields whilst minimizing environmental impacts of heavy and unconventional feedstocks."  
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