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KBC Presenting Eight Topics at World Petroleum Congress

London, England – (7 November 2011) – KBC Advanced Technologies plc (KBC), a global provider of consulting and software solutions, today announced the eight topics to be presented at the 20th Annual World Petroleum Congress in Doha, 4-8 December, 2011.

KBC will showcase its breadth of expertise at the World Petroleum Congress, presenting in forums on natural gas/LNG, new refinery technologies, heavy oil and residue upgrading, social responsibility requirements for financing energy projects, technology in petrochemistry, an innovative case study on corporate social responsibility, and the massive industry-wide challenge of attracting and retaining people. KBC will also be showcasing software and technical solutions at its booth (7313).

Three topics have been selected for paper presentation, including:

Increasing Refinery Flexibility: Innovative Approaches for Manufacturing High Quality Products from Heavy Sour Crudes
Petroleum Coke: Turning a Dirty Liability into a Valuable Asset
Equator Principles: Where Next?

Five topics have been selected for poster presentation. These include:

On-Stream Optimisation of LNG Liquefaction Plant
Next Generation Responses to the Evolving Petrochemical Business
An Innovative Approach to Corporate Social Responsibility: A Case Study
Oil, a New Frontier and Associated Socio-political Risks and Challenges
Preparing the Next Generation in the Petroleum Industry

Held every three years, the World Petroleum Congress and Exhibition is the largest and most reputable oil and gas industry gathering in the world. The 20th World Petroleum Congress theme; Energy Solutions for All - Promoting Cooperation, Innovation and Investment, will focus the debate on solutions aimed at providing global access for all to reliable, affordable and sustainable energy in both the near and long term future.

About KBC:
For 30 years KBC has provided independent technical expertise and engineering software to enable leading companies in the global energy business and other process industries to manage risk while maximizing value from their assets. In times of economic uncertainty and increasing environmental pressure, KBC's proprietary methodologies and innovative software guide its clients' key strategic decisions, enabling them to prioritise and implement initiatives that maximise return on investment, and improve operational performance. KBC offers Strategic and Market, Capital Investment, Operating, Organisational, and Environmental Solutions. For more information, visit www.kbcat.com.

For further information, please contact:

KBC Advanced Technologies plc
Amy Holland +1 281 597 7913

Please click here to download a pdf copy of this release.

Alternative Fuelled Vehicles in Global Transport: How Real is the Threat?

Singapore – (3 November 2011) – KBC Advanced Technologies plc (KBC), a global provider of consulting and software solutions, today announced the release of the latest in its series of Global Energy Perspectives, focusing on the growth market of Alternative Fuelled Vehicles (AFV).

Alternative fuelled vehicles are a growing sector that raises the following questions:

Will energy self-sufficiency and/or environmental mandates dictate the success of AFVs?
Is AFV proliferation geographic in nature?
Does the future belong to hybrids, gas-fuelled vehicles or biofuels?
How will the fuel distribution challenges be navigated?
What are the advantages and disadvantages of the panoply of AFVs being discussed?
How significant is the AFV trend in terms of overall fuel consumption?
Is the media hype on AFVs masking other threats?

This 8-page executive briefing covers the changing dynamics and challenges in alternative fuelled vehicles in global transport, including:

Asia-led growth contrasted to US-led hype
The challenge from rising conventional car ownership
AFV opportunities and constraints
The future of natural gas vehicles versus electric cars
The impact of improving fuel efficiency of conventional vehicles
The impact of biofuels

About KBC:

For 30 years KBC has provided independent technical expertise and engineering software to enable leading companies in the global energy business and other process industries to manage risk while maximizing value from their assets. In times of economic uncertainty and increasing environmental pressure, KBC's proprietary methodologies and innovative software guide its clients' key strategic decisions, enabling them to prioritise and implement initiatives that maximise return on investment, and improve operational performance. KBC offers Strategic and Market, Capital Investment, Operating, Organisational, and Environmental Solutions. For more information, visit www.kbcat.com.

For further information, please contact:

KBC Advanced Technologies plc

Amy Holland +1 281 597 7913

Please click here to download a pdf copy of this release.

Shale Gas: How to Hedge the Value Proposition

Houston, Texas, USA – (August 1, 2011) – KBC Advanced Technologies plc (KBC), a global provider of consulting and software solutions, today announced the release of the latest in its series of Global Energy Perspectives, this one focusing on the shale gas phenomenon.

Shale gas is one of the hottest topics in international energy markets and has the potential to be a true game changer. Large quantities of shale gas have been introduced to the markets and in the US have adversely affected domestic prices. As the shale gas phenomenon spreads globally, its impact will be uneven but significant. KBC believes one near-term hedge against price risk is exploitation of the associated liquids production.

There are significant reasons to exploit shale gas reserves, particularly in countries which are currently net gas importers, or require gas to fuel industrial expansion. As an example, Poland – an importer of Russian gas – now regards development of domestic shale gas reserves as an option to both replace coal-fired power generation to meet European Union emission restrictions and as a path forward to energy independence. While shale gas has already revitalised the US petrochemicals sector, there is a real risk of overcapacity as other countries such as China develop their shale gas reserves. Thus, while euphoria over shale gas seems to have captured the attention of the global energy market, there are underlying risks and challenges still to be considered.

This Perspective covers the changing dynamics and challenges introduced by shale gas into global gas markets, addressing topics such as:

An unfolding global phenomenon
Impact on "clean fuels"
Potential to alter global gas trade flows
Revitalisation of US petrochemicals, once again creating a low-cost advantage
Environmental concerns that could hinder short-term production

About KBC:
For 30 years KBC has provided independent technical expertise and engineering software to enable leading companies in the global energy business and other process industries to manage risk while maximizing value from their assets. In times of economic uncertainty and increasing environmental pressure, KBC's proprietary methodologies and innovative software guide its clients' key strategic decisions, enabling them to prioritize and implement initiatives that maximize return on investment, and improve operational performance. KBC offers Strategic and Market, Capital Investment, Operating, Organizational, and Environmental Solutions. For more information, visit www.kbcat.com .

For further information, please contact:

KBC Advanced Technologies plc
Amy Holland +1 281 597 7913

Please click here to download a pdf copy of this release.

Oil Refining: Asset sales signal the start of a new era for the Atlantic Basin

Houston, Texas, USA – (July 19, 2011) – KBC Advanced Technologies plc (KBC), a global provider of consulting and software solutions, today announced the release of the latest update to its Refining Global Energy Perspective.

The landscape of the oil refining industry is in transition, with familiar faces taking a step back and a new, more globalised cohort of refiners buying up unwanted assets. Will these new owners find profits where their predecessors saw only trouble ahead? Will more refineries close? Will it be business as usual for the refining sector or do unprecedented transformations lie ahead?

The market realities include many of the super-major international refiners divesting assets on the order of 20 to 35 percent of their existing refining capacity – many refocusing on upstream investments. Yet other players seem primed for entry, including national energy companies expanding into new markets, sovereign wealth funds adding to their portfolios, conventional and counter-cyclical private equity players and trading and marketing companies.

This Perspective covers the rapidly changing dynamics within the Atlantic Basin refining sector, analysing recent trends and implications. Coming on the heels of KBC's 2011 Outlook for the World Refining Industry, the KBC team considers questions including:

What's next for refining margins?
Who are the "class of 2011" – the new refinery owners entering the sector?
Are more refineries facing closure?

About KBC:
For 30 years KBC's consultants have provided independent strategic and engineering expertise to enable leading companies in the global energy business and other process industries to manage risk while maximizing value from their assets. In times of economic uncertainty and increasing environmental pressure, KBC's proprietary methodologies and innovative tools guide its clients' key strategic decisions, enabling them to prioritize and implement initiatives that maximize return on investment, and improve operational performance. KBC offers Strategic and Market, Capital Investment, Operating, Organizational, and Environmental Solutions. For more information, visit www.kbcat.com.

For further information, please contact:

KBC Advanced Technologies plc
Amy Holland +1 281 597 7913

CLICK HERE TO DOWNLOAD A PDF OF THIS RELEASE

KBCâ€™s John Russel to deliver Keynote Presentation at IRPC Asia

Singapore – (11 July 2011) – KBC Advanced Technologies plc (KBC), a global provider of consulting and software solutions, today announced that John Russel, Principal Consultant of KBC, will be a keynote speaker at the International Refining and Petrochemical Conference – Asia on 19-21 July 2011 ("IRPC"), presenting "Refining Capacity and Oil Market Outlook".

Mr Russel is an expert consultant on oil price formation and the economics of the downstream oil business, with over 35 years of experience in the international markets for crude oil and petroleum products, with extensive knowledge also of consumer pricing and the commercial side of the refining and tanker sectors.

KBC will also sponsor the IRPC, hosted by Hydrocarbon Processing. The conference will address improving plant reliability and safety as well as risk and other high-priority concerns impacting the profitability of refining and petrochemical operations.
About KBC:

For 30 years KBC's consultants have provided independent strategic and engineering expertise to enable leading companies in the global energy business and other process industries to manage risk while maximizing value from their assets. In times of economic uncertainty and increasing environmental pressure, KBC's proprietary methodologies and innovative tools guide its clients' key strategic decisions, enabling them to prioritize and implement initiatives that maximize return on investment, and improve operational performance. KBC offers Strategic and Market, Capital Investment, Operating, Organizational, and Environmental Solutions. For more information, visit www.kbcat.com.

For further information, please contact:

KBC Advanced Technologies plc
Amy Holland +281 597 7913

CLICK HERE TO DOWNLOAD A PDF OF THIS RELEASE

KBC and Petrobras Host an Advanced Software Applications Conference

Houston, Texas, USA - (May 31, 2011) - KBC Advanced Technologies plc (KBC), a global provider of software and consulting solutions, today announced that Petrobras, KBC and other clients of KBC participated in an Advanced Software Applications for the Process Industries Conference in Rio de Janeiro. The goal of the Petrobras-sponsored conference was to elevate and expand the participants' knowledge of applications and features that increase the benefits of using Petro-SIM™ and related SIM reactor models.

Petrobras made presentations on:

Operating Strategy Evaluation in a Furnace Constrained Distillation Unit
Increasing Specialties Production – Paraffin
Using Petro-SIM in REPLAN Refinery for Preliminary Evaluation of the New Units
Evaluating Blocked-Operation in Hydrotreaters
Use of Simulation for the Analysis of the Impact of Condensate Injection into the Crude Oil in REVAP refinery
Middle Distillates Maximization via the Fractionation of Intermediate Streams

Other KBC clients made presentations on:

Successful Application of Process Models in Braskem
Successful Applications of Petro-SIM at Valero
Successfully Applying Petro-SIM to decouple FCC and Alkylation Unit Operation, Suncor
Leveraging Technology for Improving Operative Practices at PEMEX Refining
Model Evaluation: Benchmarking of Various FCC Models to Commercial and Pilot Plant Data, Marathon
Model Use Case Studies: Applications within the Marathon Refining System
Using KBC Simulation Models to generate LP Data, GALP
Making the Most out of your Existing Refinery, ENAP

KBC's presentations were:

Better collaboration and workflow using SIM Suite 4.0
Flow-sheeting Features for Petro-SIM Power Users
Simulating Blend Operations with Petro-SIM

62 attendees from 8 countries gathered for the two and a half day event.

An attendee stated, "The event was very important to share experiences and solutions to the different challenges, especially to expand my horizons on the use of Petro-SIM. The new contacts were also valuable."

Another from Brazil commented, "The training surprised me because of the high quality of the presentations and the availability of speakers to exchange information."

About KBC:

For 30 years KBC’s consultants have provided independent strategic and engineering expertise to enable leading companies in the global energy business and other process industries to manage risk while maximizing value from their assets. In times of economic uncertainty and increasing environmental pressure, KBC’s proprietary methodologies and innovative tools guide its clients’ key strategic decisions, enabling them to prioritize and implement initiatives that maximize return on investment, and improve operational performance. KBC offers Strategic and Market, Capital Investment, Operating, Organizational, and Environmental Solutions. For more information, visit www.kbcat.com.

About Petrobras:

Founded in 1953, Petrobras is a publicly traded corporation operating in an integrated manner in the following segments of the oil, gas, and energy industry: exploration and production; downstream, marketing, transportation and petrochemicals; distribution; natural gas, energy and biofuels. Acknowledged as the leader in deep and ultra-deep water exploration and production, Petrobras is currently the world’s third largest energy company (source: PFC Energy, 2010), and the best managed company in Latin America (source: Euromoney, 2010).

For further information, please contact:

KBC Advanced Technologies plc
Amy Holland +281 597 7913

CLICK HERE TO DOWNLOAD A PDF OF THIS RELEASE

Grupa LOTOS SA and KBC sign a Refining Excellence Partnership contract

London, England- (May 19, 2011) - KBC Advanced Technologies plc (KBC), a global provider of consulting and software solutions, today announced that it has signed a contract with Grupa LOTOS SA to develop a Refining Excellence Partnership (REP). This project will focus on enhancing business processes and activities within Grupa LOTOS SA that will result in a more dynamic operating response to changing petroleum market economics and planning requirements, and variations in individual process unit performance. It will also ensure that this very ambitious "Project 10+" investment programme, completed in the beginning of 2011, will boost refinery profitability and secure the further Grupa LOTOS SA development.

The four cornerstones of the partnership are:

Organisational Excellence
Technology Excellence
Technical Excellence
Performance Measurement Excellence

"The Grupa LOTOS SA/KBC Refining Excellence Partnership represents an evolution of the relationship between our two companies," said Mr. Sokolowski, Chief Operations Officer of Grupa LOTOS SA.

KBC's software models will be a key element of the programme to ensure long, medium, and short term planning activities to achieve the accuracy and flexibility required by the new configuration of the Gdansk refinery. The increased complexity of the plant, coupled with the REP, will position Grupa LOTOS SA as a very strong player in the Baltic region. Close monitoring of refinery performance will ensure the programme benefits are being achieved.

"Our previous collaborations with Grupa LOTOS SA have been very successful and we are looking forward to providing support with this new collaborative relationship. We are very confident that the programme will enhance the Gdansk refinery to become one of the reference sites of Europe," said Kevin Clarke, Executive Vice President of KBC.

About KBC:
For 30 years KBC's consultants have provided independent strategic and engineering expertise to enable leading companies in the global energy business and other process industries to manage risk while maximizing value from their assets. In times of economic uncertainty and increasing environmental pressure, KBC's proprietary methodologies and innovative tools guide its clients' key strategic decisions, enabling them to prioritize and implement initiatives that maximize return on investment, and improve operational performance. KBC offers Strategic and Market, Capital Investment, Operating, Organizational, and Environmental Solutions. For more information, visit www.kbcat.com.

About Grupa Lotos SA:

Grupa LOTOS SA is a major producer and supplier of products such as unleaded petrol, diesel oil and aviation fuel. Grupa Lotos is also Poland's leading producer and supplier of engine oils, modified bitumens and paraffins, as well as operating a nationwide chain of petrol stations under the LOTOS brand.

For further information, please contact:

KBC Advanced Technologies plc
Amy Holland +1 281 293 8200

CLICK HERE TO DOWNLOAD A PDF OF THIS RELEASE

Natural Gas: Is the vision of a singular global market finally being realised?

Houston, Texas, USA – (May 5, 2011) – KBC Advanced Technologies, Inc. (KBC) –Natural gas demand has increased globally by 2.2 percent per annum over the last decade, outpacing oil demand. The industry presents a huge opportunity across all parts of its supply chain – production, processing, transport, and distribution infrastructure.

KBC has identified three key factors influencing the natural gas industry.

The shale gas revolution, beginning in the US and expanding to other parts of the globe, could well be a game changer in terms of natural gas market dynamics.
Renewable fuels in power generation, thought to be substitutes to natural gas, are not really substitutes; rather they support demand since renewable fuel power generation requires natural gas back-up.
Current LNG pricing structures will be challenged as disparity between crude and hub gas prices continue to widen; the completion of proposed projects could significantly influence sector dynamics.
KBC looks at the price and investment risk, demand drivers, and supply potential to take a look at the industry.

With selected regional and a detailed LNG discussion, KBC’s Global Energy Perspectives looks at the trends shaping the industry.

This 12-page executive briefing also includes likely attractive opportunities for future investment and identification of some of the key associated risks. This is the fourth in the KBC Perspectives series.

About KBC:

For 30 years KBC’s consultants have provided independent strategic and engineering expertise to enable leading companies in the global energy business and other process industries to manage risk while maximizing value from their assets. In times of economic uncertainty and increasing environmental pressure, KBC’s proprietary methodologies and innovative tools guide its clients’ key strategic decisions, enabling them to prioritize and implement initiatives that maximize return on investment, and improve operational performance. KBC offers Strategic and Market, Capital Investment, Operating, Organizational, and Environmental Solutions. For more information, visit www.kbcat.com.

For further information, please contact:

KBC Advanced Technologies, Inc.
Peter Stewart
Graham Duxbury +44 (0)1932 242424
Mark Routt + 1 281 293 8200
John Russel +65 6735 5488

CLICK HERE TO DOWNLOAD A PDF OF THIS RELEASE

KBC Releases Annual World Refining Outlook Report

Houston, Texas, USA – (20 April 2011) – KBC Advanced Technologies plc (KBC) announces the release of their premier annual report on the state of the global oil refining industry. The headlines are dominated by the consequences of the major earthquake and tsunami in Japan, concerns over political instability in the Middle East and North Africa and the security of supply of crude oil.

Stephen George, Principal Consultant at KBC, commented on this political unrest in Bloomberg on 5 April, 2011: "A sustained loss of Nigerian crudes would affect refiners globally far more widely than Libyan crudes. We really don't see the market pricing Nigerian risk into the equation yet, though that's not saying that it won't happen if the situation destabilizes. On top of the Libyan outages, a Nigerian outage on the scale of the last election would be a significant boost to other light, sweet grades in the market."

Looking into the Libya issue a little further, Mark Routt, Senior Staff Consultant at KBC, said in The New York Times on 8 April 2011: "Until we get a technical assessment of the damage, we are not going to know what the impact is going to be, and until we get that knowledge the markets are running ahead of themselves. What you really have is fear and the unknown running ahead of the facts."

KBC's Annual World Refining Outlook also provides a detailed understanding of the regional balances between refined product supply and demand, and is equally weighted between in-depth analysis of the global refining market and statistical tables. The report looks both backward and ahead to the major trends that will shape the refining industry for much of the decade ahead.

About KBC:

For 30 years KBC's consultants have provided independent strategic and engineering expertise to enable leading companies in the global energy business and other process industries to manage risk while maximizing value from their assets. In times of economic uncertainty and increasing environmental pressure, KBC's proprietary methodologies and innovative tools guide its clients' key strategic decisions, enabling them to prioritize and implement initiatives that maximize return on investment, and improve operational performance. KBC offers Strategic and Market, Capital Investment, Operating, Organizational, and Environmental Solutions. For more information, visit www.kbcat.com.

For further information, please contact:

KBC Advanced Technologies, Inc.
Peter Stewart
Stephen George +44 (0)1932 242424
Mark Routt +1 281 293 8200

CLICK HERE TO DOWNLOAD A PDF OF THIS RELEASE

KBC announces Worldwide Release of Petro-SIM Version 4

London, UK – (16th November 2010) - KBC Advanced Technologies plc announces the worldwide release of Version 4 of Petro-SIM™, and the KBC SIM Suite. Version 4 is an enhanced platform for plant-wide performance optimisation, allowing users to improve operations more effectively and efficiently than ever before.

Version 4 provides a new platform for the SIM Suite; which are the industry’s market-leading models for Fluid Catalytic Crackers, Hydrocrackers and Hydrotreaters, Catalytic Reformers and Delayed Cokers: FCC-SIM, HCR-SIM, HTR-SIM, REF-SIM, and DC-SIM. Technology enhancements have been targeted to meet the needs of today’s economic climate and regulatory requirements. Key features include enhanced naphtha compositional detail, new refinery property distribution estimation, and enhanced distillation prediction.

Users of Petro-SIM can take advantage of enhanced calibration mechanisms, tighter integration of monitoring tools and additional productivity enhancements. Additional details can be found on KBC’s website: www.kbcat.com/default/Petro-SIMv4.pdf

George Bright, CEO of KBC, commented: “KBC’s software continues to deliver exceptional value to our customers and we are pleased to offer the enhanced features of Version 4. This release is another example of KBC’s commitment to providing the best possible technology to our clients in the energy industries.”

About KBC:

For 30 years, KBC has provided independent consulting expertise and software solutions to enable leading companies in the global energy business and other processing industries manage risk while maximising the value from their assets.

In times of economic uncertainty and increasing environmental pressure, the KBC proprietary methodologies and innovative tools guide clients’ key strategic decisions, prioritise and implement initiatives that maximise return on investment, and improve operational performance. For more information, visit www.kbcat.com.

For further information, please contact:

KBC Advanced Technologies Inc.

Gloria Chukman: gchukman@kbcat.com

CLICK HERE TO DOWNLOAD A PDF OF THIS RELEASE

The Refining Sector - How will Global Balance be Achieved?

London, UK - (29 October 2010) – With global refining capacity far in excess of current demand and still more capacity under construction, a key question for the downstream energy industry over the next five years is, "How will global markets find balance between this surplus refining capacity and post-recession demand recovery?"

The dichotomy between regions is quite striking: lower demand, aging assets, and declining operating rates in Europe, North America, and Japan versus GDP growth and increased demand in China, the Middle East, and Latin America. With explicit national energy security and job creation objectives, growth markets are adding refining capacity despite an existing global glut. Like the collisional boundaries of two tectonic plates, the geographic shift in the supply-demand curve will have volatile consequences. On Monday, KBC will release its first Global Energy Perspectives discussing its views on the global refining sector over the next five years and the factors influencing returns on energy investment and economics.

While there are numerous factors determining the overall global balance, there are three trends KBC has identified which are particularly noteworthy.

1. Traditional rules of free market economics do not completely apply in the energy sector, yet they are not completely ignored either. Despite overcapacity, certain large-scale projects will likely progress. It is no longer solely about economic returns; decisions have also been made based on local job creation and "corporate social responsibility." Only certain national oil companies and a very few, select independent oil companies can bear the financial burden of such projects alone, irrespective of economic returns. However, third-party financing does follow free market economics and to the extent certain projects progress, others may be delayed or cancelled until rates of return are adequate to justify their investment.

2. Capacity in mature markets is clearly at risk of closure or idling. Traditionally, the view has been that the bulk of this closure would occur in the Americas. However, while no geography immune, KBC's alternate view of the market as three vertical segments (vs. the traditional Pacific – Atlantic Basin view) illustrates key issues that would suggest European capacity is at the greatest risk. The announced closure of two French refineries in recent weeks is an example of this.

3. Much focus has been placed on India and China. It is true that refined product demand in these geographies will drive overall growth for the next 20 years. However, less often discussed are the global impacts that Brazil, the Middle East, and Russia will also have on world markets. With the completion of planned projects in Brazil and the Middle East, both regions will become product powerhouses that can create significant shifts in the traditional industry dynamics. Furthermore, depending on future strategic actions, Russia has the potential to significantly influence both the European and Asian refining markets.
This 12-page executive briefing also includes likely attractive opportunities for future investment and identification of some of the key associated risks. This is the first of several planned Perspectives pieces.

About KBC:
For 30 years KBC's consultants have provided independent strategic and engineering expertise to enable leading companies in the global energy business and other process industries to manage risk while maximising value from their assets. In times of economic uncertainty and increasing environmental pressure, KBC's proprietary methodologies and innovative tools guide its clients' key strategic decisions, enabling them to prioritise and implement initiatives that maximise return on investment, and improve operational performance. KBC offers Strategic and Market, Capital Investment, Operating, Organisational, and Environmental Solutions. For more information, visit www.kbcat.com.

For further information, please contact:

KBC Advanced Technologies plc
Peter Stewart
Stephen George 01932 236314
Mark Routt 281 293 8200

CLICK HERE TO DOWNLOAD A PDF OF THIS RELEASE

Rising to the CO2 Challenge: Part I

Joris Mertens

Rising to the CO2 Challenge: Part II

Joris Mertens

Rising to the CO2 Challenge: Part III

Joris Mertens

KBC Announces 2009 Results

KBC Advanced Technologies plc ("KBC" or "the Group")
Preliminary results for the year ended 31 December 2009

KBC Advanced Technologies plc, a leading consultant to the energy industry, today announces its preliminary results for the year to 31 December 2009.

	12 months to 31 December 2009	12 months to 31 December 2008
Revenue	£52.6m	£52.8m
Statutory basis
Profit before tax	£4.6m	£5.4m
Basic earnings per share	5.4p	6.4p

Underlying basis*
Profit before tax	£5.7m	£5.7m
Earnings per share	6.8p	6.9p

Full year dividend per share	1.55p	1.35p

Highlights

Resilient performance in challenging economic circumstances
Flat revenue and underlying profits
Growth in contract awards and order book
88% growth in software revenue
Full benefit of £2.8m annualised cost savings in 2010
Dividend up 15%
Strong balance sheet with net cash of £4m
Resumption of growth expected in 2010

Note * Underlying profit before tax and earnings per share exclude the impact of the carry forward of software development costs, their amortisation, the amortisation of acquired intangible assets and one-off redundancy costs. See note 3 to this statement.

Ian Miller, Chairman of KBC, commented:
"KBC delivered a resilient performance in 2009 with the year ending strongly despite the challenging economic environment. Revenue was essentially flat compared to 2008, but despite a significant impact from unfavourable foreign exchange movements, underlying profits were maintained at similar levels to 2008.

The cost savings delivered last year totalled around £2.8m on an annualised basis and we will see the full benefit of this in 2010. Predicting the timing of new project awards is still difficult and pricing pressure remains. However, with continued cost control and a continuation of the improvement in trading we saw in the second half of 2009, we expect to see a resumption of growth during 2010."

CLICK HERE TO DOWNLOAD A PDF

KBC and Hyperion Systems Sign an Exclusive Multi-Year Reseller Agreement

London, UK – (9 March 2010) – KBC Advanced Technologies plc (KBC) and Hyperion Systems Engineering Ltd (Hyperion) announce the signing of an exclusive multi-year reseller agreement with Hyperion Systems to resell our Petro-SIM™ and KBC SIM™ reactor simulation models within the territory of Russia and the CIS countries.

“This partnership reflects our continued commitment to our customers in Russia and the CIS countries,” commented George Bright, KBC CEO. “Combining our leading simulation software with Hyperion’s proven leadership in supporting software solutions to a broad range of business sectors in the region will help our customers achieve NextGen Performance.”

Symeon Kassianides, Hyperion Chairman and CEO stated, “I am delighted to see our experience and investment in Russia working as a platform for growth, with the addition of KBC’s world class solutions to our portfolio for the regional upstream, midstream and downstream petroleum and gas market”

About Hyperion Systems Engineering Ltd: Hyperion Systems Engineering Ltd (www.hyperion.com.cy) is the world’s leading independent provider of systems engineering solutions and services to the process industries. A privately held company with 16 years’ experience in the Oil and Gas, Petrochemical, Chemical, Pharmaceutical, Food and Beverage, Power, Water and Metals industries, Hyperion has a well-established reputation for groundbreaking innovation, helping clients to drive down costs and dramatically increase operational efficiencies. Hyperion is certified to the ISO 9001:2000 standard, by EuroCert. For more information, visit www.hyperion.com.cy or www.hyperionsystems.ru.

About KBC: Since 1979, KBC consultants have provided independent advice and expertise to enable leading companies in the global energy business and other processing industries manage risk while maximising the value from their assets.
In times of economic uncertainty and increasing environmental pressure, the KBC proprietary methodologies and innovative tools guide clients’ key strategic decisions, prioritise and implement initiatives that maximise return on investment, and improve operational performance. For more information, visit www.kbcat.com.

CLICK HERE TO DOWLOAD A PDF OF THIS RELEASE

Effective Standardisation: Harnessing the Power of Your Organisation

Kevin Smith

KBC and University of Surrey Offer New Msc Petroleum Downstream Technology Qualification

KBC Advanced Technologies plc (KBC) announces the launch of MSc in Petroleum Downstream technology in partnership with University of Surrey.

KBC has been collaborating with the University of Surrey for many years. Recent pressures within the industry to improve the efficiency of all processes combined with a worldwide shortage of engineers with relevant skills has led to the creation of this qualification through the relationship between KBC and the University of Surrey. A unique collaboration between experts in the industry and academia, the programme has been recently validated and approved for award of the MSc qualification.

Aimed at developing the knowledge and understanding necessary to become an effective leader and decision maker in the petrochemical refining and downstream process industries, the MSc has been designed as a three year part-time programme, studied on a modular basis. There are eight one week modules plus a research project all taught on University campus using a mixture of KBC and university teaching resources. The programme will start with the Energy Optimisation and Hydrocarbon Loss Minimisation Module from 4-8 January 2010. For further details, or to register, visit http://www.kbcat.com/Products-and-Services/University-Programme/MSc/.

“This programme of study provides a unique opportunity to benefit from the academic facilities of University of Surrey combined with KBC expertise in improving real plant operators, worldwide,” commented George Bright, CEO of KBC.

Rex Thorpe, Head of the Chemical and Process Engineering and Professor of Multiphase Engineering at University of Surrey, stated, “The modules that make up the new MSc represent an opportunity for employers to send their graduate staff for continuing professional development in an environment where real mastery of the material is required and measured. The opportunity for the staff member is to build the modules into a university qualification.”

About KBC:
For 30 years, KBC consultants have provided independent advice and expertise to enable leading companies in the global energy business and other processing industries manage risk while maximising the value from their assets.

In times of economic uncertainty and increasing environmental pressure, KBC proprietary methodologies and innovative tools guide clients’ key strategic decisions, prioritise and implement initiatives that maximise return on investment, and improve operational performance. For more information, visit www.kbcat.com.

About University of Surrey:
The University of Surrey is an international university with a worldwide reputation for excellence in teaching and research. It offers students a unique combination of high academic standards, employment success and a prime location in beautiful surroundings, yet with ease of access to London. Our undergraduate and postgraduate students experience a first-rate working environment and a lively social life. For more information, visit www.surrey.ac.uk/.

CLICK HERE TO DOWNLOAD A PDF OF THIS RELEASE.

KBC and ISS Sign a Multi-Year Global Performance Management Solutions Agreement

KBC Advanced Technologies plc (KBC) and ISS Group Limited (ISS) announce the signing of a non-exclusive, multi-year, global agreement to jointly provide performance management solutions to the refining and petrochemical industry.

These solutions combine the world-leading KBC refinery and petrochemical process consulting and simulation software, Petro-SIM™ and KBC SIM reactor models, with ISS Group's production integration software, BabelFish™.

"In today's environment, it is important to offer solutions that allow companies to maximise the value created from their plant data," commented George Bright, KBC CEO. "ISS Group has proven expertise and progressive products for integrating all types of plant information, which aligns well with our own technologies and methodologies. We look forward to working closely with ISS to help our clients achieve NextGen performance."

Grant Eggleton, Global BD Manager of ISS, stated, "We are delighted to be a part of this agreement. In combination with the KBC models, the BabelFish web-based visualization framework allows production engineers, planners, and managers to proactively monitor and make adjustments to operations, planning, and scheduling. The combination of KBC and ISS technologies will further allow outputs to be processed to form valuable KPIs. The secure access by multiple parties enables real-time virtual collaboration of plant operations staff with remote process plant expertise."

About ISS Group Limited: ISS Group delivers software solutions to the global energy, minerals and manufacturing industries. ISS Group was established in 1995 and listed on the ASX in 2004. The Company has offices in Australia, US, Europe and Asia and has a blue chip client base including BG Group, BHP Billiton, Saudi Aramco, Woodside, Rio Tinto, Shell, BP, Petronas & British Energy.

The company's flagship product BabelFish is a powerful interface through which companies can aggregate their many disparate real-time systems to provide a single holistic view of their complex processes and operations. ISS have recently added GIS capability to BabelFish. Please visit the ISS Group website http://www.issgroup.com.au for further information.

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Behaviour Based Reliabilty

Kevin Smith

KBC Augments Environmental Consulting Offerings

KBC Advanced Technologies plc (KBC) announces the addition of an Environmental Services practice.

Augmenting the existing KBC Health, Safety, & Environmental (HSE) offerings, this new full service environmental consulting practice provides a wide range of commercially acceptable advice and traditional services, such Environmental Due Diligence, Environmental and Social Impact Assessments (ESIA) and contaminated land work. The Environmental Services team develops solutions to emerging issues across sectors including: upstream and downstream oil and gas; energy production and transmission from fossil fuel, nuclear project development, renewable energy generation and transmission; mining; and the financial investment sector to name a few.

This solution set brings together a highly specialised team and recognised leaders, who have been providing advice and expertise on environmental issues to our existing client base. Ben Sawford and Dr Jim Wright, both former company directors at the environmental division of AMEC in the UK, have been appointed the lead this effort. With this newly enhanced offering, KBC touches new service lines in new sectors and clients, including areas of renewable and nuclear energy, carbon management and mineral consulting.

"Expanding the Environmental Services offerings within the KBC suite of solutions is a natural extension of our current services, and it will provide our clients with a far greater solution offering while opening new sectors to KBC," commented George Bright, KBC CEO.

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KBC and Ingenious Sign A Multi-year, Global Operator Training Simulator Partnership Agreement

Ingenious Inc and KBC Advanced Technologies have signed a multi-year global partnership agreement to provide Operator Training Simulators (OTS) using KBCâ€™s Petro-SIM Dynamics simulation engine and Ingeniousâ€™ ProDyn training interface and learning management solutions.

KBCâ€™s full-featured process simulation software, Petro-SIM, will supplement Ingeniousâ€™ training simulation interface and training simulator experience, which when combined with KBCâ€™s operator training capabilities will provide world class training solutions. This partnership brings together both companiesâ€™ extensive experience in the oil & gas, refining, and chemical industries.

â€œIn today's environment, it is important to offer solutions that allow companies to train operators and engineers, and safely & optimally operate plants," commented George Bright, KBC CEO. "Ingenious has proven expertise and cutting-edge products; in combination with KBCâ€™s Petro-SIM technology and simulation and modeling expertise, we can offer best- in-class solutions to clients. We look forward to working closely with Ingenious in this initiative.â€

Vibhu Sharma, CEO of Ingenious stated â€œWe are delighted to tie-up with KBC in offering world class training simulators and learning solutions to our clients. KBCâ€™s Petro-SIM technology and our ProDyn, ProLearn and ProLMS training solutions are a very synergistic fit. With the combined global presence, the significant engineering and consulting experience of both companies, and a commitment to work together we are keen to be a significant player in the OTS and engineering simulation marketâ€.

About Ingenious:
Ingenious Inc was recently awarded the 6th Fastest growing technology company in Houston for 2008. Ingenious has proven expertise in process consulting, training solutions and advanced planning and optimization products and services. Since 2000, Ingenious has been providing cutting edge solutions to the oil and gas, refining, and chemical, industries. The company has over 150 clients globally, including certain Fortune 500 companies. Ingenious has offices in USA, India, Bahrain, and Indonesia. For more information, please visit www.ingeniousinc.com.

About KBC:
For nearly 30 years, KBC consultants have provided independent advice and expertise to enable leading companies in the global energy business and other processing industries manage risk while maximizing the value from their assets.

In times of economic uncertainty and increasing environmental pressure, the KBC proprietary methodologies and innovative tools guide clientsâ€™ key strategic decisions, prioritize and implement initiatives that maximize return on investment, and improve operational performance. For more information, visit www.kbcat.com.

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KBC Houston Office Relocates to New Facility

KBC Advanced Technologies plc (KBC) announces the KBC Houston office relocation.

The KBC office located in Houston, Texas, USA will relocate to a brand new facility effective March 2, 2009. The office is situated on the top floor of the new Energy Crossing I development at the intersection of Interstate 10 and Texas State Highway 6, which is only four miles west of our current office.

For contact details of this location, please consult the Contact Us page of the KBC website at www.kbcat.com.

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KBC Opens Office in Bahrain

KBC Advanced Technologies plc (KBC) announces the opening of a branch office in Bahrain.

KBC has opened a branch office in the Almoayyed Tower in Manama, Bahrain. With the launch of this location, KBC can now provide greater local support for our Middle East clients during this time of expansion in the region. The office, which is located 15 minutes from Bahrain International Airport and only a 45 minute drive via King Fahd causeway to Saudi Arabia, will enable KBC to provide local support to our Middle East clients.

â€œKBC has long and successful ties with our clients in this region. We are pleased to increase our commitment by offering our clients greater access to our services with the opening of this office,â€ commented KBC CEO, George Bright.

For contact details of this location, please consult the Contact Us page of the KBC website at www.kbcat.com.Â

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KBC Appoints Karl Bartholomew to Strategic Consulting Position

KBC Advanced Technologies plc (KBC) announces the appointment of Karl Bartholomew to Principal Consultant of Strategic Consulting.

Mr Bartholomew, formerly president and managing director of Pace Consultants, Inc. (now Jacobs Consultancy, Inc.) and a widely-recognized expert in the economics of technical planning, management, and valuation of refining, petrochemicals, raw materials, and natural gas operations, will use his 30 years of industry experience to assist the Strategic Consulting group at KBC.

Mr Bartholomew has served as an expert technical witness before the Federal Energy Regulatory Commission in energy litigation, and he has provided support on behalf of others for numerous regulatory and arbitration panels, including various property tax venues in appraisal negotiations and insurance industry negotiations.

â€œWe are pleased that Karl has joined KBC. His specialized expertise and broad industry knowledge make him a great addition to the team,â€ commented KBC CEO, George Bright.

Mr. Bartholomew holds an MBA from Houston Baptist University and a Bachelor of Science in chemical engineering from the University of South Carolina. He is also a registered Professional Engineer in the state of Texas and certified as an Accredited Senior Appraiser with the American Society of Appraisers. In addition, Karl is a member of the Royal Institute of Chartered Surveyors â€” certified in business/technical valuation.

About KBC:
For over 30 years, KBC consultants have provided independent advice and expertise to enable leading companies in the global energy business and other processing industries manage risk while maximizing the value from their assets.

In times of economic uncertainty and increasing environmental pressure, our proprietary methodologies and innovative tools guide our clientsâ€™ key strategic decisions, prioritize and implement initiatives that maximize return on investment and improve operational performance.

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KBC Releases New Version of Petro-SIM and SIM Suite

KBC Advanced Technologies plc (KBC) announces the release of version 3.2 of Petro-SIM and the KBC SIM suite, the worldâ€™s leading process simulation software for refineries and petrochemical plants.

New Petro-SIM features include a unique Viewer option for easy access to cases, as well as enhanced custom Microsoft Excel tables, which are especially useful for managing case studies of larger flowsheets. KBC continues its commitment to technology improvements with enhancements to its market leading refinery reactor models FCC-SIM for FCC Units, HCR-SIM for Hydrocrackers, and DC-SIM for delayed cokers.

Also with this release, Petro-SIM and the SIM models are fully compliant with the Microsoft Vista operating system. For more information on these products, visit

www.Petro-SIM.com.

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KBC Appoints John Dosher to SVP Strategic Consulting

KBC Advanced Technologies plc (KBC) announces the appointment of John Dosher to Senior Vice President of Strategic Consulting.

Mr Dosher, formerly president of Pace Consultants, Inc. (now Jacobs Consultancy, Inc.) and a widely-recognized expert in the economics of technical planning and management of refining, petrochemicals, raw materials, and natural gas operations, will use his 50 years of industry experience to lead the Strategic Consulting group at KBC.

Over the years, Mr Dosher served as an expert technical witness before several regulatory and arbitration panels, including the US Senate committee on Environment and Public Works (2004), where he evaluated the current state of US refining capacity.

â€œWe are pleased that Mr Dosher has joined KBC. His specialized strategic consulting expertise and broad industry knowledge make him a perfect fit for this role, and we look forward to working with him,â€ commented KBC CEO, George Bright.

Mr Dosher holds an MBA from the University of Houston and a Bachelor of Science in chemical engineering from Texas A&M University. He is also a registered Professional Engineer in the state of Texas.

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KBC Retained by Hyundai Oilbank for Capital Project Work

London, UK and Singapore â€“ (December 1, 2008) â€“ KBC Advanced Technologies plc (KBC) announces capital project work on a major grassroots expansion for Hyundai Oilbank (HDO) in Korea.

KBC acts as technical consultant to Hyundai Oilbank on a multi-billion dollar upgrading complex in Daesan, Korea. On the current 10 month contract, KBC provides FEED (Front-End Engineering Design) supervision services for HDO.

KBC has contributed to the project from its inception. Our work began with Process Licensor and Long Lead Item Evaluation and Selection and PMC/FEED Contractor Evaluation and Selection. All of these services are part of the Capital Excellence (CapX) range of services provided by KBC.

About Hyundai Oilbank:
Hyundai Oilbank Co., Ltd. engages in refining and marketing petroleum products in South Korea. Its products include gasoline, diesel, kerosene, liquefied petroleum gas, bunker, benzene, paraxylene, low sulfur waxy residue, and jet fuel. The company also produces petrochemicals. Hyundai Oilbank Co., Ltd. was formerly known as Kukdong Oil Refining Co., Ltd. The company was founded in 1964 and is based in Daesan, South Korea.

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National Cooperative Refinery Association Awards KBC a Planning Consulting Contract Complete with Associated Simulation Software Licensing

KBC Advanced Technologies, Inc. (KBC) announces that National Cooperative Refinery Association (NCRA) has awarded the company a contract to redesign and enhance the Linear Program (LP) model of NCRA's McPherson, Kansas refinery.

As part of this contract, KBC will utilize Best Practice industry standards to improve the data, structure, accuracy, and methodologies of an enhanced LP to allow development of improved refinery operating plans for the site. The KBC SIM Suite of kinetic reactor models running in a Petro-SIM flowsheet will be used to create accurate representations of the refinery's units as part of the project. The Petro-SIM LPU (LP Utility) will be configured for each crude distillation unit and processing reactor unit to generate accurate, consistent operating yield and property data for direct entry into the NCRA LP model.

NCRA will also execute a multi-year license with KBC for the same simulation software tools, which are expected to make continuing optimization and improvement of the facility possible in the future. Included in the licensing is Petro-SIM, the KBC proprietary flowsheeting tool, plus the FCC-SIM (fluid catalytic cracking), HCR-SIM (hydrocracking), DC-SIM (delayed coking), and D HTR-SIM (distillate hydrotreating) unit models.

"In today's competitive environment, it is important to have an LP model that can produce truly optimum crude, operating, and production decisions," commented George Bright, KBC CEO. "Not only will NCRA have the best possible LP model for their planning optimization activity, NCRA's LP model maintenance man-hours will be significantly minimized through their use of the automatic LP model updating solution within Petro-SIM."

About NCRA:
National Cooperative Refinery Association (NCRA) provides three farm supply cooperatives (CHS, GROWMARK, and MFA Oil) with fuel through its oil refinery in Kansas. The refinery's production capacity is about 85,000 barrels per day. Fuel from the refinery is allocated to member/owners on the basis of ownership percentages. In addition to the refinery, NCRA owns Jayhawk Pipeline, minority interests in two other pipeline companies, and an underground oil storage facility. CHS owns 74% of the cooperative; GROWMARK and MFA own the rest.

About KBC:
KBC Advanced Technologies, a leading independent consulting, process engineering and software group, delivers improved operating performance to the oil refining, petrochemical, and other process industries worldwide. We provide process consulting, strategic planning advice, energy price forecasting and market analysis, economic studies, capital project services, and training to help clients achieve their business objectives and improve their competitive position. Our human performance improvement division provides organizational effectiveness services, training programs, operations manuals, and personnel development services. KBC consultants recommend changes for material and measurable improvements in profitability. To assist clients in realizing such improvements, KBC provides implementation services and software solutions, including the KBC SIM models and Petro-SIMâ„¢ for process optimization and our energy optimization software packages. Formed in 1979, KBC has offices in the UK, USA, Canada, Singapore, the Netherlands, the Russian Federation, China, and Japan.

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Low Carbon Refinery: Dream or Reality

R.M. Spoor

PetroSA Appoints KBC as Technology Advisor for Coega Oil Refinery

London, UK and Houston, TX, USA â€“ (October 22, 2008) â€“ PetroSA's Project Mthombo reached another milestone this week with the appointment of respected United Kingdom-based KBC Process Technology Ltd as technical and commercial services advisor for the development.

This follows the granting two weeks ago of a manufacturing license by the Department of Minerals and Energy to PetroSA to build the US$11 billion, 400000 bpd oil refinery at Coega in Port Elizabeth. The full range of services offered by KBC include project management, process engineering, maintenance, strategy studies, software, training and development.

Sipho Mkhize, CEO of PetroSA said, "KBC is recognised as an organisation that will challenge the company to deliver a world-class project and refinery. With the imminent start of the feasibility and the front end engineering (FEED) phases, KBC â€˜s resources will be integrated into both the project team at the offices of PetroSA and the offices of the engineering contractor that will be appointed soon," he said.

JÃ¶rn Falbe, PetroSA's Vice President New Ventures Midstream, said the appointment of a consultant of the calibre of KBC is a demonstration of the company's commitment to achieve world-class standards in every aspect of Project Mthombo.

"This will also contribute to making the new refinery a commercial success," he added.

George Bright, KBC's Chief Executive Officer, has welcomed the appointment. "We are delighted to have been selected to support PetroSA and are fully committed to this very significant project, not only for PetroSA, South Africa and Southern Africa, but also for KBC," he said.

He added that KBC will leverage its worldwide knowledge and experience to bring world-class capability to all aspects of the refinery from design to operations.

He pointed out that technology transfer is an important part of the overall project for KBC and the company is committed to contributing to skills development at PetroSA through formal training, mentoring, and other programs.

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KBC Introduces New Alternative Fuels and Feedstocks Service

London, UK and Houston, Texas, USA â€“ (September 23, 2008) â€“ KBC Advanced Technology plc (KBC) announces the introduction of an Alternative Fuels and Feedstocks service (AFFS).

In response to market demands, KBC now offers an Alternative Fuels and Feedstocks service. Several factors contribute to the quickly growing and complex market for AFFS including the high price of crude oil, challenges of crude supply, pressures to reduce Greenhouse Gas (GHG) emissions â€“ both political and public, and the increased availability of "green fuels."

Companies considering building or operating alternative fuel plants or utilising alternative feedstocks need to optimise designs and operations to maximise yields of high value products, minimise energy consumption and CO₂ emissions, ensure reliability, and operate at optimum staffing levels using Best Practice systems, work processes, procedures, and tools. KBC provides leading CapX (Capital Excellence) services to help companies make sense of the options and make the right decisions for their facility. Our OpX (Operations Excellence) services for Alternative Fuels and Feedstocks assist companies in effectively operating this type of facility. The KBC team possesses expertise in various areas of AFFS, and we have now formed a team to specifically focus on the needs of both our existing Clients and emerging players in this area.

George Bright, KBC CEO, commented, "The AFFS service offering is a natural extension to our existing business. With almost 30 years of proven success in working with the leading players in the hydrocarbon processing sector, our expertise is directly applicable to the alternative fuels arena regardless of the original source of the feedstock - crude oil, gas, coal, or biomass; we have successfully completed projects in Tar Sands, Coal to Liquids (CTL), Gas to Liquids (GTL), and bio and synthetic fuel integration. KBC looks forward to helping more companies meet the challenges of serving the demand for transportation fuels in this ever-changing crude oil supply and alternative fuels marketplace. This is an exciting time in the industry."

About KBC:

KBC Advanced Technologies plc, a leading independent consulting, process engineering and software group, delivers improved operating performance to the oil refining, petrochemical, and other process industries worldwide. We provide process consulting, strategic planning advice, energy price forecasting and market analysis, economic studies, capital project services, and training to help clients achieve their business objectives and improve their competitive position. Our human performance improvement division provides organisational effectiveness services, training programmes, operations manuals, and personnel development services. KBC consultants recommend changes for material and measurable improvements in profitability. To assist clients in realising such improvements, KBC provides implementation services and software solutions, including the KBC SIM models and Petro-SIM^â„¢ for process optimisation, and our energy optimisation software packages. Formed in 1979, KBC has offices in the UK, USA, Canada, Singapore, the Netherlands, Russian Federation, The People's Republic of China, and Japan.

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KBC Houston Office Reopens Today

Lummus Pyrolysis Model Now Available in Petro-SIM

Valero Acquires Enterprise-wide License for KBC Process Modeling Software

Make The Most of Utility Optimisation

Gert-Jan Fien

Unconventional Crude Upgrading Challenges

Scott Sayles

Using Rigorous Simulation to Generate LP Vectors

Gloria Chukman

KBC Retained as Owners Technical Representative for Egyptian Refining Company

Optimising Your Plant's Number One Asset - People

Kevin Smith

Implementing a Progressive Strategic Plan for Energy Optimisation

Nicola Knight

KBC Partnership with Irving Continues

KBC Appoints Peter Stewart to Market Services Division

Integration Profitability

John Philpot

Market Outlook for 2007

GeorgeBright

KBC Signs Strategic Alliance with PETRONAS

London, UK, and Houston, TX, USA Ã¢â‚¬â€œ (January 15, 2007) Ã¢â‚¬â€œ KBC Process Technology Ltd. (KBC) announces the signing of a Strategic Alliance agreement with PETRONAS the Malaysian national oil company.

The alliance covers the provision of specialized consulting services, software tools and methodologies to enhance the capability of the newly formed PETRONAS Research & Technology Division, assist the Division with implementation of the plant performance initiative in PETRONAS' subsidiaries, to collaborate on joint technology development and to support learning at the PETRONAS University of Technology. The initial term is 2 years, with an option to extend.

George Bright, KBC's Chief Executive Officer, remarked, "We are delighted that PETRONAS has selected KBC as their partner of choice with the signing of this important agreement. We look forward to working closely with PETRONAS in their efforts to achieve further improvements in operating performance."

About Petronas:
PETRONAS, short for Petroliam Nasional Berhad, is Malaysia's national petroleum corporation. Established on 17 August 1974, PETRONAS has grown into one of the world's largest integrated oil and gas companies with strategic business interests in more than 30 countries. The PETRONAS Group comprises more than 105 wholly-owned subsidiaries, 22 partly-owned outfits and 54 associated companies. Four of its subsidiaries are listed on the Malaysian Stock Exchange. The Group is engaged in a wide spectrum of value-adding petroleum and related activities and is a leading LNG player in the world. A Fortune 500 company, PETRONAS generated net profits of US$12.7 billion for its fiscal year that ended 31 March 2006, with total assets of US$75 billion. For more information, visit www.petronas.com.

Contacts for KBC Advanced Technologies plc
Business Relations Corporate Communications
David Turner
Tel: +65 6735 5488

Tamra Daniels
Tel: +1 281 293 8200
tdaniels@kbcat.com

KBC Announces Additional Contract Awards

Transition to ULSD, ethanol goes smoothly for US refiners

Scott Sayles

KBC Acquires Veritech Inc.

London, UK, and Houston, Texas, USA Ã¢â‚¬â€œ (November 09, 2006) Ã¢â‚¬â€œ KBC Advanced Technology plc (KBC), a leading independent global consulting organisation for the oil refining, petrochemical and process industries, announces the acquisition of Veritech, Inc. (Veritech), a leading US energy consultant.

Based in Sterling, Virginia, Veritech is a private company that provides services and software in the area of energy optimisation and management for clients in the process industries. Veritech owns and licenses its proprietary simulation and monitoring software packages PersimmonÃ¢â€žÂ¢ and ESteamÃ¢â€žÂ¢.

Through KBC's acquisition of the Linnhoff March group in 2002, KBC's energy optimsation business has been very successful in Europe, the Middle East, and Asia. Veritech's track record in the Americas will both complement and enhance KBC's coverage of this important sector of our market. Until the early 1990s, Veritech was a part of the former Linnhoff March group, and, therefore uses methodology and tools common to those used by KBC's consultants.

KBC's Chief Executive Officer, George Bright commented, "This acquisition will help KBC build a larger American footprint in the important area of energy optimisation across the oil refining, petrochemical, and other process industries. Rationalisation of the company's tools and methodologies will bring significant benefit to the industry." Mike Rutkowski, President of Veritech, stated, "Veritech is very excited about the acquisition, because it will allow us to offer our clients a much broader range of products and services significantly impacting the benefits we can deliver. Additionally, we expect our combined technologies to result in new products for the industry."

Contacts for KBC Advanced Technologies plc
Business Relations Corporate Communications

Jonathan Hedges
Tel: +44 1932 242424
jhedges@kbcat.com

Tamra Daniels
Tel: +1 281 293 8200
tdaniels@kbcat.com

Model Behaviour - The Benefits of Using Process Models in Refineries

Robert Powell

KBC Signs Agreement for Lummus Ethylene Furnace Model

New Release of Petro-SIM, Petro-SIM Express and SIM Suite from KBC

ULSD Best Practices

Robert Ohmes and Scott Sayles

The Journey to Operational Excellence

Kevin Smith

Outlook 2006

Peter Close

Compressor Failure Analysis Using Petro-SIM

David Williams

Part IV_Refinery CO2 challenges

Jem Hart and Allan Rudman_Vicente de Pablo Bruna CEPSA Gibraltar Refinery

PEMEX Signs Multi-Site Contract with KBC

KBC Advanced Technologies Inc. (KBC) announces the signing of a new contract with PEMEX Refinación (PEMEX).

The US$6.3M contract covers five domestic refineries, and includes clean fuels studies, refinery reconfiguration work, and the licensing of Petro-SIM®, KBC’s refinery-wide process simulation software, complete with multiple process unit simulation models, for each location. The majority of the consulting work is expected to be carried out by the end of 2006.

Ramon Loureiro, Executive VP of KBC commented, “We are pleased that PEMEX has made this important award to KBC. We look forward to maximizing the value PEMEX receives from our consulting and reconfiguration work, modeling technology, and extensive profit improvement experience.”

Petro-SIM allows process engineers to model all of their refinery assets allowing them to optimize, analyze and evaluate complex refinery interactions. Petro-SIM can be used to determine the impact of different feedstocks and operating targets, monitor process performance, conduct investment studies, or update a Linear Program (LP) model. KBC’s distillation, catalytic cracking, reforming, visbreaking, alkylation, hydrotreating, hydrocracking, and delayed coking models, as well as KBC’s proprietary furnace model and product blending technology form the comprehensive, refinery-wide package of Petro-SIM.

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Benefits of a Rigorous Software Model - Refinery Case Studies for Profit Improvement

Using an Integrating Petrochemical Refinery Model to Improve Profits

Paul Haugseth

KBC Releases Petro-SIM Express

KBC CEO and Management Appointments

Part III_Refinery CO2 Challenges

Joris N Mertens, Klaas Minks and R Michiel Spoor

Part II_Refinery CO2 challenges

Joris Mertens

The Ebullation Factor

Scott Sayles

COSMO Purchases Petro-SIM From KBC

Nerefco Contracts with KBC

KBC Acquires TTS Performance Systems

Part I_Refinery CO2 Challenges

Michiel Spoor

KBC Awarded $11M Contract by SINOPEC

KBC Forms Alliance with TTS

Investigating Improvement Opportunities

Gloria Chukman

Fuel proof energy savings

Joe Davis

Process Profits with Simulation

Tamoil's Collombey Refinery Licenses Petro-SIM

OMV Licenses Petro-SIM From KBC Process Technology

KBC Releases Petro-SIM Version 2.0

KBC Announces Contract with MOL for Petro-SIM Version 2.0

Overcoming Fuel Gas Containment Limitations to Energy Improvement

Integrating Process Unit Energy Metrics into Plant Energy Management

Devote Some Energy to Efficiency

Andrew Graves

Trading Update

Changes in Non-Executive Directors

KBC and AspenTech Settle Dispute

ULSD Problems and Solutions

Interim results for the six months ended 30 June 2004

KBC Advanced Technologies Launches Petro-SIM

Reliability for Safety Instrumented Systems

HYSYS.Refinery Source Code released to KBC Advanced Technologies plc

KBC Advanced Technologies Unveils New Business Operations System

Announcement of US order granting injuction against Hyprotech

Announcement of UK Arbitration Decision

AGM Results

Worldwide Trends in RAM Improvement

Preliminary results for 2003

FCC Catalyst Evaluation

ULSD: Is the USA Ready?

Increasing Russian Crude Oil Exports Changing Worldwide Trade Patterns

Refinery Reaction Modelling Trends

KBC Announces Agreement with Valero Energy Corp to License Simulation

Trading Update

Board Changes

Trading Update

Interim results to 30 June 2003

Offer Discussions

AGM Statement and Trading Update

Arbitration Decision

Predicting Thermal Effects

Ernest Leuenberger, Jonathan Petrunia, Chang-yu Yu

Interim Results for the Half Year to 30 June 2002

Refinery Energy Efficiency and Environmental Goals

KBC awarded Multi-site Profit Improvement Program in South America

Rigorous Hydrotreater Simulation

Preliminary Results for the Year Ended 31st December 2001

Capital Cost Savings through Better Hydrogen Management

Steady State Simulator to Monitor Hydrotreater Performance

Mike Hu

KBC Acquires Process Consultancy Specialising In Pinch Technology

KBC Advanced Technologies PLC Acquires UK Energy Economics Consultancy

Simulate Hydrotreatment of FCC LCO

Refine your approach to process troubleshooting and optimisation

Kevin Smith

Modeling Crude Unit Product Overlap for Better Linear Program Modeling

Start Up of Visbreaker Revamp Project Adds Low Capital Cost Upgrading to PO Naftan Refinery

Fuji Oil Licenses HYSYS.Refinery Technology from Hyprotech and KBC for LP Data Generation

Process Engineers to Train on

LP Modeling - Past, Present and Future

An Intergrated Approach in Meeting the Challenges of Low Sulfur Diesel - Analytical Support, Process Research and Computer Simulation

Interim Results for the Six Months to 30th June 2001

Overcoming Constraints To Maximize FCCU Feed Rates: Is It Always Economical?

Predicting Process Systems

A Profitable Partnership: The Cooperations between PO Naftan and KBC Process Technology Ltd

Optimizing The Cat Feed Hydrotreater / FCCU Complex With Detailed Simulation Tools

Implementing & Sustaining Process Optimization Improvements on a Deisopentanizer Tower

Legal Settlement Relating to Non-Compete Undertakings

KBC Advanced Technologies Adopts WorldsBest? from Industrial Evolution to Launch Web-Powered Consulting Services

Hyprotech Ltd. and KBC Advanced Technologies Announce Expanded Capabilities of HYSYS.Refinery Technology

Preliminary Results for the Year Ended 31 December 2000 and Announcement of Board Changes

Refiners Responses to Environmental Changes

Profit Improvement Success at Japanese Refineries

Trading Update, Corporate Developments and Proposed Board Change

The Methodology and Benefits of Total Site Pinch Analysis

Interim Results for the Six Months to 30 June 2000

Clockwork Solutions

HYPROTECH LTD and KBC ADVANCED TECHNOLOGIES announce HYSYS.Refinery

Preliminary Results for the Year Ended 31 December 1999

Terminaton of Offer Discussions

Interim Results for the Six Months to 30 June 1999

KBC Advanced Technologies plc Trading Update Licensing Agreement with AEA Technology and Sale of Sigmafine

Practical Techniques & Methods to Develop an Efficient Water Management Strategy

OSI licenses Sigmafine from KBC - OSI plans to leverage the underlying knowledge using modern tools, including SQL Server 7, VBA and DNA technology

Full Results to 31 December 1998

Appointment of Non-Executive Directors

Interim Results for the Six Months to 30 June 1998

Trading Statement

KBC and SGS Redwood Technical Services (UK) Announce Collaboration on Refinery Oil Loss Courses

Preliminary Results for the Year Ended 31 December 1997

Acquisition of Software Business from Honeywell Industrial Automation ("Honeywell")