KBR’s PureSAF® Technology Selected by KMG-Aero and KFP for the First SAF Plant in Kazakhstan
Rhea-AI Summary
KBR (NYSE: KBR) has been awarded a contract by KMG-Aero, a subsidiary of NC KazMunayGas, and KazFoodProducts (KFP) to supply its proprietary PureSAF® technology and engineering design for Kazakhstan’s first sustainable aviation fuel (SAF) plant. The facility will use an alcohol-to-jet process, utilize domestic agricultural feedstocks, and support Kazakhstan’s strategy to become an international aviation hub and reduce greenhouse gas emissions.
Positive
- Contract awarded to supply PureSAF technology and engineering for Kazakhstan’s first SAF plant
- Expands PureSAF reference base, building on recent project wins in aviation decarbonization
- Strategic positioning in Kazakhstan’s aviation hub and emissions-reduction initiatives
Negative
- None.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 19 | Dividend declaration | Positive | +0.9% | Quarterly cash dividend declared for common shareholders, payable October 15, 2026. |
| Aug 17 | Air-defense contract award | Positive | -2.1% | NATO recompete contract carried an initial ceiling of $60 million over five years. |
| Aug 12 | Ammonia project selection | Positive | +1.4% | KBR was selected for licensing and Pre-FEED services on Morocco's ammonia project. |
| Aug 10 | Munitions contract award | Positive | +0.7% | Trinzic received a five-year, estimated $208 million U.S. Army task order. |
| Jul 30 | Q2 earnings report | Negative | -4.3% | Operating income declined 11% despite higher revenue, adjusted EBITDA, and diluted EPS. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent reactions were mixed, with gains after dividend, ammonia, and munitions announcements but declines after the air-defense contract and quarterly earnings report.
Key Terms
sustainable aviation fuel technical
alcohol-to-jet technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, Aug. 24, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded a contract by KazMunayGas-Aero LLP (KMG-Aero), a subsidiary of NC KazMunayGas JSC, and KazFoodProducts (KFP) for Kazakhstan’s first Sustainable Aviation Fuel (SAF) production plant.
Under the terms of the contract, KBR will license the proprietary PureSAF® technology, invented and developed by Swedish Biofuels AB, and provide proprietary engineering design. The plant will leverage the alcohol-to-jet (AtJ) process for producing aviation fuel from alcohol-based feedstocks.
The project holds significant strategic importance as it supports the President of Kazakhstan’s directive to transform the country into an international aviation hub with strong transit potential. It will also enable the integration of domestically produced agricultural feedstocks into high-value, low-carbon fuel production value chains.
“We are honored to support KMG-Aero and KFP in advancing the national commitment to reduce greenhouse gas emissions, recognizing the pivotal role of aviation decarbonization in achieving these strategic objectives,” said Jay Ibrahim, President, KBR Sustainable Technology Solutions. “KBR’s PureSAF is a feed-flexible, bankable technology that is designed to deliver high SAF yields and supports the project across the full lifecycle. We look forward to closely collaborating and supporting the successful execution of this landmark SAF project.”
This award builds on other recent PureSAF project wins, reinforcing KBR’s position at the forefront of aviation decarbonization through continued process innovation and low-carbon technology deployment.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 people worldwide with customers in more than 85 countries and operations in over 28 countries. KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com
Forward Looking Statements
The statements in this press release that are not historical statements, including statements regarding KBR’s PureSAF® technology, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company’s control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
For further information, please contact:
Investors
Rachael Goldwait
Vice President, Investor Relations
713-753-5082
Investors@kbr.com
Media
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
MediaRelations@kbr.com
