AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
KBR shares rise 1.69% intraday after winning a FEED contract for a fertilizer plant in Iraq.
ByAinvest
Wednesday, Jul 16, 2025 1:24 pm ET1min read
Kbr, Inc. rose 1.69% in intraday trading, with the company announcing that it has been awarded a front-end engineering design (FEED) contract for the development of an ammonia and urea production plant by KAR Electrical Power Production Trading FZE (KEPPT) in Basra, Iraq. The contract involves providing FEED for a 2,300 metric tons per day (MTPD) ammonia production facility and a 3,850 MTPD urea production unit, utilizing KBR’s proprietary ammonia technology designed for high efficiency, low emissions, and operational reliability.
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet