Market-leading UOP propylene-production technology will
be used to meet the growing demand in China for propylene
for films and packaging production
DES PLAINES, Ill., April 26, 2012 -- UOP LLC, a Honeywell
(NYSE: HON) company, announced today that it has been
selected to provide key technology to produce propylene in
Zhangjiagang Yangzi River Petrochemical Co. Ltd will use
Honeywell's UOP C3 Oleflex™ process technology to convert
propane to propylene, which is used in the production of
materials such as films and packaging.
The project is the ninth propylene project Honeywell's UOP
has announced since the beginning of 2011, helping meet the
growing demand globally.
"UOP's combined Oleflex projects will help increase
propylene production by nearly 5 million metric tons
globally in the next three years," said Pete Piotrowski,
senior vice president and general manager for Process
Technology and Equipment at Honeywell's UOP. "This
technology has been used extensively in China due to the
region's accelerated propylene demand, and we look forward
to working with Zhangjiagang Yangzi River to continue to
produce this vital petrochemical."
The new unit, expected to start up in 2014, will produce
600,000 metric tons of propylene annually at its facility
in Zhangjiagang City, Jiangsu Province, China. Honeywell's
UOP will provide the engineering design, technology
licensing, catalysts, adsorbents, equipment, staff training
and technical service for the project.
The C3 Oleflex process uses catalytic dehydrogenation to
convert propane to propylene. Compared with competing PDH
processes, Oleflex technology provides the lowest cash cost
of production and the highest return on investment, enabled
by low operating and capital costs, high propylene yield
and reliability, and maximum operating flexibility.
Since the technology was commercialized in 1990,
Honeywell's UOP has commissioned nine C3 Oleflex units for
on-purpose propylene production, with the 10th unit
scheduled to start-up this year in Russia. Since the
beginning of 2011, Honeywell's UOP announced eight similar
projects in China, Abu Dhabi and North America.
Zhangjiagang Yangzi River Petrochemical Co. Ltd. is a joint
venture of Oriental Energy Co., Huachang Chemcial Co. and
Feixiang Chemical Co., and is headquartered in Zhangjiagang
City, Jiangsu Province, China.
UOP LLC, headquartered in Des Plaines, Illinois, USA, is a
leading international supplier and licensor of process
technology, catalysts, adsorbents, process plants, and
consulting services to the petroleum refining,
petrochemical, and gas processing industries. UOP is a
wholly-owned subsidiary of Honeywell International, Inc.
and is part of Honeywell's Performance Materials and
Technologies strategic business group. For more
information, go to www.uop.com.
Honeywell (www.honeywell.com) is a
Fortune 100 diversified technology and manufacturing
leader, serving customers worldwide with aerospace products
and services; control technologies for buildings, homes and
industry; turbochargers; and specialty materials. Based in
Morris Township, N.J., Honeywell's shares are traded on the
New York, London, and Chicago Stock Exchanges. For more
news and information on Honeywell, please visit www.honeywellnow.com.
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