L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has signed a memorandum of understanding with KBR (NYSE: KBR) to build Modular Process Plants for refinery and petrochemical projects
Under the terms of the agreement, KBR and LTHE will collaborate to develop business opportunities and LTHE will exclusively bid for KBR’s solid acid alkylation technology (K-SAATTM), solvent de-asphalting technology (ROSE®) and catalytic olefins technology (K-COTTM) for global projects with special emphasis on India, South East Asia, Middle East, and Africa.
Mr. Subramanian Sarma, MD & CEO of LTHE said, “L&T has a proven track record of over 25 years in the refinery and petrochemical sector. Through this MoU with KBR, LTHE will combine its best-in-class engineering, world-class modular fabrication facilities and core strength of project management and construction to offer safe, reliable, and optimized solutions to our customers.”
Organized under Offshore, Onshore, Construction Services, Modular Fabrication, and AdVENT (Advanced Value Engineering & Technology) verticals, LTHE delivers ‘design to build’ engineering and construction solutions across the hydrocarbon spectrum.
About Larsen & Toubro
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing, and financial services with over USD 21 billion in revenue. It operates in over 30 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.
