Showa Denko (SDK) (Tokyo:4004) has concluded a business alliance agreement with KBR, Inc., an engineering company headquartered in Texas, to cooperatively market SDK’s proprietary technologies to produce acetic acid and its derivatives (acetyls).

SDK has been producing acetyls at its Oita Petrochemical Complex for more than 40 years. Under the licensing agreement, SDK will provide KBR with its proprietary technologies, which were cultivated over many years, to catalyze and process acetic acid to produce its derivatives. In addition, SDK will provide KBR with its plant operation skills and know-how accumulated through safe and stable operation of the Complex.

KBR is an engineering company with excellent track record of technology licensing in the field of production process including that of petrochemical plant. SDK will aim to seek more opportunities to license its proprietary technologies through KBR’s sales network, and further improve its technologies to produce acetyls.

For further information, contact:

Public Relations Office (Phone: 81-3-5470-3235)