HOUSTON, US: KBR Inc has been awarded a contract for maintenance, planning and industrial services by International Paper (IP), a global producer of renewable packaging and paper products. IP is headquartered in Memphis, Tennessee, US. The contract will be performed over the next four years.
Under the new contract, KBR will provide industrial maintenance services of around 700,000 labour hours at IP's offices in Svetogorsk, Russia. This contract is a continuation of KBR's long-standing service providing maintenance services for IP globally.
Revenue associated with this contract is estimated to be over $40 million.
"KBR was awarded this contract based on its successful track record for reliable excellence in delivery over the past ten years for IP," said Jay Ibrahim, president of Europe, Middle East & Africa.
"KBR is proud to continue delivering world class industrial services essential to the long-term success of the Svetogorsk mill and for the benefit of our clients," added Ibrahim.
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Read More: KBR bags industrial services contract by International Paper
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