PAM is trading 3% up at $86.58 after KBR announced its Purifier ammonia technology was selected for a new Pampa Energía ammonia and fertilizer complex in Argentina.

  • The US$2.7 billion project is expected to significantly enhance the company’s growth profile and strengthen its regional presence in the industrial sector.
  • The selection of specialized technology for the massive complex provides investors with clear visibility into future industrial demand and long-term infrastructure development.
  • Positive market sentiment is being driven by the scale of the investment and its potential impact on the company's future earnings capacity.