Benzinga | May 6, 2021 06:40AM EDT

KBR Signs MoU with Cummins Inc for an Integrated Green Ammonia Solution

KBR (NYSE:KBR) has signed a memorandum of understanding (MoU) with Cummins Inc. to offer a complete and integrated solution to produce ammonia from renewable sources, commonly referred to as green ammonia.

Under the terms of the MoU, KBR plans to integrate Cummins' proton exchange membrane (PEM) electrolysis technology into its proprietary green ammonia solution, K-GreeN(r). Both KBR and Cummins have unique strengths and market leadership in ammonia technology and electrolysis respectively, which when combined aims to deliver a comprehensive and competitive green ammonia offering for clients worldwide.

"We are very pleased to take this important step with Cummins," says Doug Kelly, KBR President, Technology. "Collectively, our companies have the proprietary knowhow and expertise that will allow us to offer an integrated green ammonia solution to clients worldwide and help with achieving their corporate ESG initiatives."

"Cummins is excited to explore working with KBR, whose leading ammonia technology can deliver tremendous value with our electrolysis technologies," says Amy Davis, Vice President and President of New Power at Cummins. "We see great potential to deploy large scale electrolyzer solutions in green ammonia projects and working with KBR on an integrated solution provides value for our customers while enabling decarbonization."