KBR announced that it has signed a contract with Hyundai Engineering Company (HEC) Ltd to supply proprietary equipment for the first modular plant for its leading advanced plastics recycling technology Hydro-PRT®. The plant will be installed at LG Chem's Chronos Project in Dangjin, South Korea.

Under the terms of the contract, KBR will supply its proprietary modular solution to HEC for a 20,000 tonnes per annum plastics recycling unit planned for the Chronos project. This award follows LG Chem's licensing of KBR's Hydro-PRT technology last year.

"We are honored that LG Chem has selected our modular solution for the Hydro-PRT unit at Dangjin," said Doug Kelly, KBR President, Technology. "Our proprietary modularization solutions deliver inherent cost, scalability, schedule, and safety advantages and we look forward to a successful implementation to help LG Chem accelerate attainment of its ESG objectives."

KBR and Mura's Hydro-PRT process converts waste plastics into raw materials for new plastics, achieving total circularity.