Hazer Group Enters Into Binding Alliance Agreement With Kellogg Brown And Root For Commercial Deployment And Licensing Of Hazer's Proprietary Methane Pyrolysis Technology

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  • Binding strategic alliance with KBR (NYSE: KBR), a world-leading engineering group and global technology licensor set to supercharge Hazer's commercialisation strategy
  • Hazer is KBR's exclusive partner for marketing and licensing of methane pyrolysis technology
  • Clear revenue visibility targeting multiple license deals within 6 years, materially derisking Hazer's business

    plan
  • Capital-lite licensing model maintained; KBR A$3million work program contribution preserves Hazer's robust funding position
  • Strengthens Hazer's market penetration into high-growth market segments of ammonia and methanol, and regions including North America and Middle East

PERTH, Australia, May 05, 2025 (GLOBE NEWSWIRE) --  Hazer Group Ltd ("Hazer" or "the Company") (ASX: HZR) is pleased to announce it has entered into a binding Alliance Agreement (the "Alliance") with Kellogg Brown and Root LLC (NYSE:KBR, "KBR"))) a global leader in technology and engineering solutions, for the commercial deployment and licensing of Hazer's proprietary methane pyrolysis technology.