Hazer Group Says Kellogg Brown and Root Strategic Alliance Undertaking Process Design Package for Hazer Process

MT Newswires Live01-22

Hazer Group (ASX:HZR) said that the joint team under its strategic alliance with Kellogg Brown and Root is conducting a process design package for the Hazer process to produce low-emissions hydrogen, selecting key equipment components that will underpin large-scale feasibility assessments, according to a Thursday Australian bourse filing.

The process design package process remains on track for completion in early 2026.

The Hazer process is being integrated into Kellogg Brown and Root's clean ammonia and hydrogen product lines. A global marketing and licensing campaign is targeting customers across the ammonia and methanol sectors.

Hazer's shares fell 1% in recent trading on Thursday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment