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| Thursday, 6 August 2015, 21:20 HKT/SGT | |
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Source: KBR, Inc. | |
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Houston, TX, Aug 6, 2015 - (ACN Newswire) - KBR, Inc. (NYSE: KBR) announced today it has surpassed 3 million work hours without a Days Away from Work Incident at the Dyno Nobel ammonia plant construction site in Waggaman, Louisiana. Although this is not the first such achievement for KBR, the logistical and schedule challenges associated with this particular project make it a significant milestone demonstrating our commitment to Zero Harm to people, property and the environment.
"KBR fosters an interdependent safety culture in which all employees are expected to make safety conscious decisions that are governed by personal values," said Nick Anagnostou, KBR Vice President of Health, Safety, Security and the Environment. "Everyone truly realizes that an injury incident is not a statistic but rather a person who has been negatively affected."
Every new KBR employee receives rigorous training on the Zero Harm safety culture which emphasizes the importance of an incident-free work environment and peer to peer intervention is embraced across the organization for all safety related matters.
At the Dyno Nobel site, KBR's commitment to Zero Harm is reinforced with daily and weekly site meetings, toolbox safety meetings and award recognition for employees, which all stress the importance of a safe work culture.
"We have made Zero Harm the foundation of our corporate values," said Stuart Bradie, KBR President and CEO. "KBR makes it a priority to see our employees go home safely on a daily basis and it is our responsibility to provide a working environment that empowers all employees to speak up about safety."
"Our aim is to keep all of our people on the IPL Dyno Nobel Ammonia Plant safe, and to ensure our culture of Zero Harm for everyone, every day is fully embedded across every activity undertaken. It is our priority to make sure our people are safe while working on our project and it is especially pleasing to be working with KBR, a company who shares the same safety values as the IPL Group," said James Fazzino, IPL Managing Director and CEO.
As a cornerstone in the ammonia industry for more than 60 years, KBR's plants are recognized around the world for delivering safe, low-cost, reliable performance. In all, KBR has been involved in the licensing, design, engineering and/or construction of more than 230 ammonia facilities.
David Zelinski, KBR President of Onshore, Engineering & Construction Americas, congratulates KBR employees for achieving a safety milestone at the Dyno Nobel site in Louisiana.
A new banner congratulating KBR on reaching a key safety milestone now hangs in the Dyno Noble ammonia plant that KBR is building in Waggaman, LA.
About KBR, Inc.
KBR, Inc. is a global technology, engineering, procurement and construction company serving the hydrocarbons and government services industries, employing approximately 25,000 people worldwide with customers in more than 70 countries and operations in 40 countries across three distinct global businesses:
- Technology & Consulting, including proprietary technology in refining, ethylene, ammonia and fertilizers, and gasification; and niche consulting and know-how through subsidiaries Granherne, Energo and GVA
- Engineering & Construction, including Offshore Oil & Gas; Onshore Oil & Gas; LNG/GTL; Refining; Petrochemicals; Chemicals; differentiated EPC, and Industrial Services
- Government Services, including program management and long term annuity contracts
KBR is proud to work with its customers across the globe to provide technology, value-added consulting services, integrated EPC delivery and Long Term Industrial Services to ensure consistent project delivery with predictable results. At KBR, we deliver.
Visit www.kbr.com
Forward Looking Statement
The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, 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 and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.
KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
For further information, please contact:
Investors
Zac Nagle
Vice President, Investor Relations
+1-713-753-5082
Investors@kbr.com
Media
Marit Babin
Director, Global Communications & Government Relations
+1-713-753-3800
Mediarelations@kbr.com
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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: KBR, Inc. via Globenewswire
Topic: Press release summary
Source: KBR, Inc.
http://www.acnnewswire.com
From the Asia Corporate News Network
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