PureM uses bio or captured carbon-dioxide and green hydrogen as primary feed components to provide a cleaner pathway for downstream production of fuels.

"We are excited to add PureM to our suite of sustainable process solutions and provide greater flexibility to our clients for CO2 capture while diversifying their value chains," said KBR President, Technology, Doug Kelly.

"Our proven technology will provide the much-needed capability of converting bio or captured carbon dioxide into green methanol and ultimately other high-value downstream products."

Price Action: KBR shares traded higher by 0.77% at $62.50 on the last check Thursday.