Cummins Inc. Signs MoU With KBR to Collaborate on Integrated Green Ammonia
Cummins Inc. (CMI)
Last cummins inc. earnings: 4/28 07:30 am
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Source: Business Wire
COLUMBUS, Ind.--(BUSINESS WIRE)--Global technology and power solutions leader Cummins Inc. (NYSE: CMI) and KBR (NYSE: KBR) have signed a memorandum of understanding (MoU) to collaborate on offering a complete and integrated solution to produce ammonia from renewable sources, commonly referred to as green ammonia. As leaders in their respective markets, Cummins in proton exchange membrane (PEM) electrolysis to generate hydrogen, and KBR with ammonia technologies, the companies have committed to explore the benefits of tightly integrated technologies that aim to provide significant capital and operational savings for their customers.“Cummins is excited to work with KBR to deliver turnkey solutions for green ammonia customers,” said Amy Davis, vice president and president of New Power at Cummins. “We are scaling our electrolyzer technology to deliver green hydrogen at the scale required for these 250+ megawatt projects. With KBR’s expertise and history with ammonia technologies, we p
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